Due to the mortgage crisis that Atlanta has faced over the last several years, there are many foreclosure properties that are being put up for sal. Of course, this can be very tempting for home-buyers as people can sometimes get properties for 30% or even less on the dollar. This makes for a good rental property in many cases. However, if you are considering a foreclosure property for your next investment, then there are some common pitfalls that you will need to avoid along the way to … [Read more...]

Owners are reading about  rising rents all across the country and eagerly await lease renewals to increase their profit and after the years of downturn it's a welcome change.  However we see tenants balking at rent increases and threatening to vacate the home if the increases are enforced.   Reality is that if tenants calculated the cost of moving, utilities transfer, and time involved most tenants would be better off staying put even with an increase of $100 a month.  Advance notice is nice and … [Read more...]

Real Estate Forecast for 2013
 Here is my view of what will be happening in the Atlanta Real Estate market in the
coming year. Some of the information is from other articles and some is from
 my observation and experience. Prediction #1 is the same as last year. There will be a slow and
steady recovery in 2013. The tortoise will move a little faster this year than 
it did last year. Forbes says ” The housing market will improve moderately in
 2013, but nobody will mistake this for a boom.” … [Read more...]

http://www.usatoday.com/story/money/business/2012/12/26/case-shiller-october/1791535/   What does this mean for the Northwest Atlanta Investor? Good news if you own - prices went up - if you're looking ot invest - buy now - low interest rates and the general publics' reluctance to buy until it's a "sure thing" causes most to miss out on the bets time ot buy an investment property in decades. My Keller Williams office has a large institutional investor looking to buy 200 to 300 … [Read more...]