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Another reason to invest in Atlanta (like you needed another one!)

Posted by joe.watkins on April 3, 2013

First off, I am Sean O’Keefe, six months in to being the Construction Project Manager at Bravo Group Real Estate Services. This is my first blog post on and hopefully it won’t be my last.  Lets see if the creative juices keep flowing…

I plan to write on my continuing adventures as a real estate investor, rehabber, construction manager, materials purchasing and management, quickbooks learner (I actually worked at Intuit for 10 years, go figure) and of course how to work technology into all that stuff.  Whether you read anymore will probably depend on if you thought that intro was boring or not….

For those that are still here, back to the headline of the blog post.  I grew up in Georgia and have lived in the Atlanta area for seven years after spending more than 10 years in Athens.  I started investing in Athens, a college town, and had great luck… when a job move brought me a little west into the metro Atlanta area, I assumed my investing would either be remote or fizzle out.  But, after two years of studying the south Gwinnett area, my wife and I decided to start purchasing again.  As you can image, I have seen the market change over the last four to five years, but the area still serves up good value, great tenants, and excellent return on investment…

The shocker here is why?  I’ve just recently started doing research nationally on markets and have discovered that Atlanta is very hot for many reasons.  One big one is demand for more housing.  It turns out even with the current recession we have been in and Georgia’s higher than average unemployment, people want to live in Atlanta.  2010 through 2012 census data show a trend of more and more people moving to the metro Atlanta area… great weather, access to lakes and mountains within an hour, a world class downtown, nationally recognized sports franchises, and cheap housing (buying or renting).  If you don’t beleive me, check out the following article from CBS Money Watch that lists the TOP 10 MOVING DESTINATIONS.

It turns out, I have probably just been a little lucky to live and invest in one of the top real estate markets, but as you look and research where you should spend your real estate investment dollars, you might want to consider the city of Atlanta also, no matter where you live.  More to come… Thanks for reading all the way to the end!


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