Savvy investors are always looking for the next big thing, and Atlanta’s real estate market is certainly turning heads. With economic growth and affordable prices, this beautiful southern state seems like the place to be. We’ve made a list of the top five reasons to invest in Georgia rental real estate.
Economic Growth
Georgia has grown exponentially over the last few years, but the most incredible thing is that it’s been able to sustain its growth. Despite an influx of new residents, the demand for workers and the number of opportunities hasn’t dwindled at all. With companies like Coca-Cola and AT&T, there are jobs galore for residents, both new and old.
Population Growth
With industry booming and citizens all over the country (and the world) looking for jobs, Georgia’s population is growing at a faster rate than most other U.S. states. As all those new residents require housing, getting into the rental market is a brilliant move.
Geography
Georgia is gorgeous, with mild winters and summers perfectly suited for trips to the pool and beach. There’s also a mix of geographical regions, including the Appalachian Plateau, Blue Ridge, and coastal plains, for a variety of living situations.
Diversity
Georgia offers many different options for real estate, from single-family homes to apartments. No matter what type of investor you’re hoping to be, there’s a market for you and people who are looking for housing. With big-city and rural environments to choose from, there’s something for everyone in the state of Georgia.
Affordable Prices
A trend in the Atlanta real estate market is to buy a property at an affordable price, add value to the property in renovations, and earn a lot more than it cost in rent. Even with the tremendous growth Georgia has undergone, there are still incredible deals available to see a return on your investment.
Now that you know the top five reasons to invest in Georgia rental real estate, reach out to us if you need help with property management in Alpharetta—we’ve got your back!