We’re recommending Atlanta to our income property investors and it’s not because of the peaches. A perfect storm of housing affordability, population growth, and an incredible $5,000 down program offered by Empowered Investor Network might make this the absolute best opportunity around today.
Let’s crunch some numbers.
First of all, Atlanta already has a metro population of 5.4 million. This number is expected to skyrocket to 7.7 million by 2025, fueled primarily by international immigration. It’s the second fastest growing metro area in the United States. Why do you care about that? As an income property investor, your first order of business is to find a starving crowd and get your product in front of them. Starving crowd? Can you say newly arrived residents looking for a house to rent?
Here’s where it gets good. Housing in Atlanta is the 4th most affordable in the country. The average house sells for $115,000, a full 25% decrease from last year, primarily due to foreclosures. We’re saying this makes it a great time to buy. Another drop like this is unlikely in our lifetimes. It’s a tremendous time to buy, especially when you factor in the $5,000 down program.
If you’re interested in buying Atlanta, the first thing you should to is go to www.JasonHartman.com/properties and read through the Atlanta area Power Point presentation. Then call one of our expert investment counselors at 714-820-4200 and ask about the $5,000 down program. They’ll be glad to tell you all about it.
The Platinum Team
