09-18-2007, 09:45 PM
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Reputation: 25
can anybody educate me about fairburn
Hi, I am from California and looking at investing in real estate in Atlanta for positive cash flow. I am looking in fairburn area due to a friend. I understand it is still very rural there and population is low, but start to have new tracks. Are people moving in afluent people? Is Durham Lake Golf country club a nice club? Are properties on the golf course worth of investment? How much rent can you get for a new 2500 sf home?
09-19-2007, 04:22 AM
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There is a glut of rental homes in the metro Atlanta area -- so there is no guarantee that you will find a renter and get rent that will result in a positive cash flow. Additionally, many new communities have convenants that may limit your ability to purchase as an investor.
09-19-2007, 09:19 AM
33 posts, read
118,836 times
Reputation: 25
Thanks for the reply, but Fairburn is 20 miles away from Atlanta, hopfully the new community on country club is better neighboorhood than Atlanta. For this community, I think investor is allowed.
09-19-2007, 11:50 AM
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Fairburn is considered part of Metro Atlanta... twenty miles is nothing. We have sprawl just like Los Angeles...
09-19-2007, 12:10 PM
Location: NW Atlanta
1,372 posts, read
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Quote:
Originally Posted by
kelingdun
Thanks for the reply, but Fairburn is 20 miles away from Atlanta, hopfully the new community on country club is better neighboorhood than Atlanta. For this community, I think investor is allowed.
you have to get out of your Cali mentality.... we don't measure by miles we measure by time 20 miles= 1 hour
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