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Old 09-18-2007, 09:45 PM
 
33 posts, read 172,432 times
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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?
I checked the school there is not very good at all. Do people who buy new homes there send the kids to private school?
Sorry if this is too much qustion to ask in one post.
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Old 09-19-2007, 04:22 AM
 
3,972 posts, read 12,684,797 times
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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.
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Old 09-19-2007, 09:19 AM
 
33 posts, read 172,432 times
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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.
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Old 09-19-2007, 11:50 AM
 
3,972 posts, read 12,684,797 times
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Fairburn is considered part of Metro Atlanta... twenty miles is nothing. We have sprawl just like Los Angeles...
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Old 09-19-2007, 12:10 PM
 
Location: NW Atlanta
1,372 posts, read 5,216,891 times
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Quote:
Originally Posted by kelingdun View Post
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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