A good place to start is: http://www.greatschools.org/georgia/atlanta/ Here you can look at the various highly-rated school districts and make decisions relative to how much house you can afford and what kind of rents you can expect. The caveat: better school districts will typically have higher valued homes! Why? Because people WANT to live nearby. Simple.
The next simple step is to look through a service like Listing Book. It's a service connected to the local Realtor's MLS system. If you're working with an agent, ask them if they are on Listing Book. If they're not, either find another agent or ask them to register. You have to have a registered agent on Listing Book to be able to use it yourself. You're basically using his/her MLS system for your own customized search.
Armed with all this information, you can talk to your agent about seeing the properties, estimating repairs, making the offer and moving on to the closing.
Last but not least, please be prepared to provide your agent with documents showing you have the ability to purchase the property. It could be something as simple as a copy of your bank statement, if you're buying with cash. If you want to get a mortgage, speak with your banker about getting pre-qualified. They will provide you with a pre-qualification letter that you give to the agent. This letter will be included with your offer and actually helps when the seller has multiple offers on the table. The stronger the buyer, the better the chances of getting the property.
If you have any questions about investing in Atlanta, please drop me a line. I'm available to assist you in any way.
Information contained herein is for informational purposes only.
Please speak with your legal and/or tax advisor before making any investment decision.
The real estate sector is attracting huge investments all around the world..There are lots of opportunities in real estate sector..but pricing..is still on the higher side. That is why, a lot of deals are not getting closed..
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