“Our mission is to safely compound investor capital at a higher rate of return than traditional investments.”
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Why Atlanta? When we say “Atlanta” we’er actually referring to a massive land area. The city, although dense, extends outward to include suburbs far beyond the central business district of the city itself. Atlanta is a major player in the national economy, and his home to major corporations such as Coca Cola, Home Depot, Turner Broadcasting, and Delta Airlines.
In fact, we’re seeing even more major corporations decide to call this their US home. For example, Porsche decided too set up headquarters right next to what is now the world’s busiest airport – Hartsfield-Jackson Atlanta International (ATL).
Greater Atlanta Area, Georgia
“The southeast US has long since been a place that people move TO rather than move FROM. The reasons are simple and concise. The southeastern US boast many thriving cities, overall low taxation, minimal governmental oversight, and of course, incredible weather.”
Performance is our mission. Cloud Capital does not try to time the real estate cycle. We believe in buying and holding stable, cash-flowing properties with an adequate margin of safety built into our underwriting. This allows our firm to weather challenging economic environments and preserve investor capital.
A Brief Overview of The
Atlanta Area Market.
Real Estate Investing With Cloud Capital.
- Currently, Atlanta is the ninth most populous metropolitan area in the US. It is fully expected to move to number eight by 2022
- In 2017 roughly 90,000 people moved to Atlanta, and in 2018 Atlanta added more than 75,000 residents. That makes Atlanta the fourth fastest growing metropolitan area in the US.
- People from all over the world are flocking to Atlanta, to find employment and create jobs in sectors such as healthcare, technology, and the film industry just to name a few.
- Atlanta’s GDP is $385 billion, placing it among the top 10 U.S. economies and top 20 worldwide.
- Between February 2018 and February 2019, Atlanta had the largest employment gain, up nearly 18,000 or 3.5% compared to 2.6% nationwide.
- WorkSource Atlanta forecasts about 55,000 new local jobs in healthcare and technology alone by 2024.
- Forty percent of Atlanta’s workforce has at least a bachelor’s degree.
- According to the director of the Economic Forecasting Center at Georgia State, Atlanta will welcome most of the state’s 68,900 new jobs in 2019.
- The area’s tech boom is so significant, Forbes magazine listed Atlanta as the only city east of the Mississippi in its “5 U.S. Cities Poised To Become Tomorrow’s Tech Meccas.”
- The Metro Atlanta Chamber identified fintech (financial technology), mobility and IoT (Internet of Things), health information technology, cybersecurity, B2B software, smart grid technology and film/digital media/entertainment tech as key growth segments.
- MovieMaker Magazine recently ranked Atlanta No. 1 in its “Best Places to Live and Work as a Moviemaker.” According to local news station 11Alive, numerous TV shows and feature films were produced in Atlanta, including “Bad Boys for Life,” “Creepshow” “Atlanta Homicide,” “Steven Spielberg’s Amazing Stories,” “Zombieland 2,” “Greenleaf” and “The Outsiders.”
- Despite of all these glowing numbers, Atlanta is still a place where you can find real estate deals. Real estate forecasters say what used to be a strong “seller’s market” in Atlanta is shifting the other way. While not a full-on “buyer’s market,” analysts believe it’s still relatively easy to find quality homes at good prices.
- Some real estate experts say that if you’re going to enter this market, 2019 is the year to get it done.
- The average Atlanta home price is about $16,000 less than the national average.
- According to Zillow, the average home value in Atlanta is $259,700, which is 9.7% higher than last year. Zillow projects another 3.9% increase within the next year.
- Zillow found that the average listing price in Atlanta is $339,500, while the average sales price is $230,400, indicating that real estate investors should be weary of submitting offers that are too high.
- Which demographic is moving to Atlanta for work? For the most part, young and educated. This is great news for owners of rental properties in the greater metropolitan area.
- While home prices in Atlanta are lower than the national average, they’re still out of reach of many millennials. And as home prices and interest rates continue to rise in 2019, the city’s millennial newcomers — a group mostly unable or unwilling to buy at the moment — will further increase rental demand across the area.
- Nearly a quarter of its residents are between 28 and 38 years old.
- A Rent.com survey found that nearly eight out of 10 renters between the ages of 18 and 34 don’t plan on trading their rentals for purchased homes anytime soon.
- According to John Burns Real Estate Consulting, homeowners pay 14% more per month than home renters in the area.
- People love living in Atlanta. It’s a large metropolitan area, but the city has plenty of trees, walkable space and entertainment, while the suburbs are pleasantly situated outside the hustle and bustle.
- When compared to other big U.S. cities like San Francisco and New York, the cost of living is reasonable, resting right at the national average for its population size.
- With major professional sports teams, a vibrant music scene, numerous restaurants and bars — not to mention the largest indoor aquarium in the Western hemisphere — there’s something for everyone in Atlanta.
- It’s one of the few U.S. cities with permanent companies representing all the performing arts: opera, symphony, ballet and theater.
- In terms of passenger traffic, the Atlanta airport has been the world’s busiest since 1998. You can fly direct to 247 destinations from here.
- The city itself is very green (some call it “The City in the Trees”), and public works projects abound.
- The Atlanta BeltLine project is currently transforming an old railway into a 33-mile multi-use trail and network of 2,000 public parks. Scheduled for completion in 2030, parts of the extensive trail are already in use.
With an economic “Roaring 20’s” ahead of us for key areas in the Southeastern US, Atlanta, and the Georgia market are poised for a steady incline in occupancy and rental rates for apartment communities. Don’t let this opportunity pass you by.
Assisted Living Investing
A surge of baby boomers are entering retirement, and many nearing the age of senior and adult living communities. Guess where most of these people will be retiring to? The Southeastern US. Well situated and well in demand sits Atlanta, Georgia. Don’t wait, let’s invest together.