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Old 12-11-2011, 08:48 AM
 
32 posts, read 183,052 times
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I am planning to buy an investment property in alpharetta, johns creek or cumming. I have seen the rents in apartment communities around 1200 - 1300 for townhouses in alpharetta (around windward pkwy) and johns creek (around 141). There are tons of housing communities in alpharetta/johnscreek where the houses (may 1500 - 2400 sq feet) go in the range of 150 - 225k. I am thinking of buying a single family house (around 200K) and rent it out. I have never own a house and am not planning to settle in one as my situation is not that I can settle.

In cumming there are communities which are not older than 2006/2007 and have single family homes (1800 - 2000 sq feet home) in the range of 150-170K.

Which area would be best for investment of the three and where it would be easy to put it on rent? Any thoughts on this idea? How difficult would be to rent it out at the market rate?
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