Metro Atlanta Apartment rental rates have rising 4.51% over the past year. This average of $876.17 is a new high and indicates that the rental market in and around Atlanta is strong. Vacancies are down also.Demand is up now that consumer confidence has risen. The pent=up demand of adult children who lived at home and the roommate who wants their own place is helping also. Several larger apartment complexes are raising rents monthly . Gone are the days of complexes offering a free months … [Read more...]
Rentals, not purchases, are Hot in Atlanta
See the video here: http://www.myfoxatlanta.com/story/22802246/rentals-not-resells-hot-new-trend-for-atlanta-real-estate ATLANTA - A Connecticut company is raising $100 million to buy up single-family homes in Atlanta. Their goal is not to resell the homes, but to turn them into rental properties. Business deals like this are part of an ongoing real estate trend in metro Atlanta, making the city a hot spot for rental homes. Philip Earley, of Platinum Property Management … [Read more...]
Renters Insurance. Too Expensive???
The Torndao in Oklahoma last week may shine a light on this subject. Add to that the fact that over the past three years, the east coast alone was hit with two hurricanes and a series of as powerful winter storms. And yet, it is surprising to learn that the majority of renters are probably not carrying a current renter’s insurance policy or have one at all. After having a building in which I was part owner burn down - I am sort of a fanatic about ensuring tenants know about the cost and … [Read more...]
