August 1, 2023 August 2023 Report on the Real Estate Market From Your Friends at Northwest Atlanta Properties Is Calhoun the Next Great Georgia Investment? Since 2015 we have focused on finding great investments for our Investor Clients. The Investor Owners who used us to represent them have purchased 34 properties in Alpharetta, Canton, Dallas, and Cartersville, based on our recommendations (many of whom never saw the properties in person.) These Owners have seen equity growth of … [Read more...]
July 2023 Report on the Real Estate Market
July 3, 2023 July 2023 Report on the Real Estate Market From Your Friends at Northwest Atlanta Properties Some of you may not know that Donna and Mike Stott moved from Kailua, HI to Northwest Georgia in 2007 and started working as Coaches to top real estate agents nationwide. We sold our very successful real estate sales and property management business to Mike’s sister and her husband, who continue to run it today. Our company Your Coaching Matters is fortunate to continue to work with … [Read more...]
What is the Opportunity?
June 5, 2023 What is the Opportunity? From Your Friends at Northwest Atlanta Properties We’ve been in the real estate business since 1980 and have been through at least 6 major shifts in the residential real estate market since that time. This is not a major shift in our market. Supply is very low. As of this writing in the 12 zip codes, we do most of our business in there at 374 homes for sale under $500,000 with a population of over 500,000. Demand is high. If interest rates were … [Read more...]
Why a 1031 Exchange is a Wealth Building Tool!
Why a 1031 Exchange is a Wealth Building Tool! From Your Friends at Northwest Atlanta Properties Top 9 Reasons to 1031 Exchange *Consult your tax professional for your personal situation Consider two investments. Each was purchased for $200,000, held for 28 years and is fully depreciated. Each property is worth $800,000 today. Each net $3000 a month after taxes, management fees and insurance. Property #1 Owner decides to sell and pays the federal capital gains tax of 15% and is in a … [Read more...]
THE Northwest Atlanta Real Estate Market is Changing
With the dramatic rise in mortgage interest rates this year from 3% to above 5% and the continued price increases for homes being purchased it now costs almost 50% more to own an “average” home this year than last. Add this to 121 consecutive months year over year increases. Many investor owners are asking what next? The potential shift in the market was a hot topic on conversation at the National Association of Realtors (NAR) Mid-Year Legislative meeting that I had the honor of attending … [Read more...]
