Groundﬂoor brings extensive local market knowledge to Atlanta, Georgia, one of the nation's most desirable real estate markets.
We provide local knowledge about projects, financing options to fit any need you might have--whether looking into investing or only wanting help with your next fix-and-flip project!
GroundFloor is a safe investment platform that offers high-yielding returns to both accredited and non-accredited investors. The company's venture loans are backed by real estate entrepreneurs, which gives them access into the market without any credit requirements or down payments required - making it easier than ever before!
The real estate market in Atlanta is thriving, with median home sales prices up 20.3% (April 2021 vs April 2022). Job growth and a growing population should make this city an attractive place for investors who want to invest their money into rental properties throughout the next year especially as 50% of households here rent rather than own homes!
The metro area is also seeing a rise in new construction as well, with over 9,000 units expected to come online by the end of 2023. Although this will provide more competition for landlords, those who are able to offer quality properties at competitive prices should still be able to attract and retain tenants.
Overall, the real estate market in Atlanta looks promising for investors who are looking to purchase rental properties. With strong job growth and a growing population, there is expected to be high demand for rental units throughout the next year. Although new construction will provide more competition, those who are able to offer quality properties at competitive prices should still be able to find success in this market.
Metropolitan Atlanta is projected to grow by 2.9 million people in the next 30 years, reaching a total population of over 860 thousand according to ARC's estimates; per capita income stands at $36K and median household incomes are higher than national averages. The city is also attracting more people with its job market as it continues to grow, recently being named the best city for young professionals by Forbes. Unemployment in Atlanta is at a low of 3.4%, which is great news for those looking for work or investing in the area.
Some of the most popular neighborhoods in Atlanta for rental properties include:
If you’re thinking about investing in rental properties in Atlanta, these are some of the most popular neighborhoods that you should consider. With a growing population and strong job market, there is expected to be high demand for rental units throughout the city. By offering quality properties at competitive prices, you should be able to find success in this market.