What We Can Do For You
Our goal is to help home sellers simplify the transaction process of selling their home or investment property. As opposed to selling on the open market and having to deal with scheduling showings and having people track all through your house for weeks or months, waiting for buyers to find financing, going through inspections, etc, we make things easy. We strive to help sellers with any situation they may find themselves in. We buy houses from couples going through tough divorces, we buy inherited houses from families who are just not quite sure what to do with them, we buy houses from landlords who are looking to liquidate their portfolios, we buy houses in any condition, distressed or not, and we buy houses for cash and can close quickly if necessary. Our goal is to find a win-win solution for everyone and to quickly and easily get you moving towards your next stage of life. So if you own a house in the Smyrna, GA area and are looking to sell it for any reason, give us a shot to make you an offer, what will it hurt?
We previously wrote an article detailing several reasons why we buy houses in Smyrna, GA. In this article we are going to do a deep dive on the flexibility that Smyrna, GA real estate offers investors and traditional homeowners alike which is one of the main reasons why we buy houses in Smyrna, GA.
Short Term Rentals
Vacation rentals have been a thing for a long time, but in recent years, companies like AirBnB and VRBO have changed the short term rental game tremendously. You can turn a vacant room in your house into a money making machine with a click of a mouse and a few photos. If you own a rental property in a desirable location, the short term rental option could net you much more money than a long term rental, and a good number of people are starting to come to this realization. I mean think about it, if you can rent your house for $100 per night on weeknights and $200 per night on weekends, if you fill up for 23 out of the 30 days of the month you are looking at $3100 per month in income as opposed to a max of $1500 per month on a long term rental. Obviously there are other expenses and management that play into this that you have to consider but that is nearly double the monthly income!
So why short term rentals in Smyrna, GA? Well first of all, in case you have been living under a rock for the last year, the Atlanta Braves just moved their stadium into the heart of Smyrna. So for 6+ months out of the year you will have people coming through Smyrna multiple days out of every week looking for lodging as they come to Atlanta to catch a Braves game. A lot of people who travel to Braves games bring their whole families so renting a house instead of multiple hotel rooms is usually more convenient and a lot of times cheaper. But the Braves are not the only reason why Smyrna is good for short term renters. Smyrna is also centrally located to most of Atlanta’s top business centers. It is the home of the Home Depot headquarters so if anyone is traveling into the Atlanta area for Home Depot meetings, Smyrna is more than likely where they will stay. But it is also conveniently located less than ten miles from both Midtown/Downtown Atlanta, Buckhead, and the Perimeter area of Atlanta where most of the largest businesses in Atlanta are located including, State Farm, Delta, Suntrust, Coke, Georgia Pacific, and many more. Owning a short term rental offers you accessibility to families visiting the Atlanta area for Braves games and other family activities as well as business travelers.
Long Term Rentals
When entering the real estate investment world looking for properties to hold long term, being able to purchase properties at a fairly low price is ideal. For example, it would not make sense to purchase a $600,000 house in Midtown Atlanta to use as a rental. You would have to charge an astronomical amount of money for rent each month to make that make sense. There are certain pockets of Smyrna that still make great sense for the long term buy and hold market. Depending on the location, you can find 2-3 bedroom fee simple town homes for purchase at $115,000 and below that can rent for 1100 per month or more. That is the sweet spot for buy and hold investors. We bought this Smyrna town house for $68,000, while we didn’t end up holding it (we wholesaled to another investor), it is a great example of where you can find a great deal in Smyrna. This house needed some work, but not so much that it ruined the deal, and you can definitely rent that particular town house for $1000 per month or more. There are still a good number of single family houses in Smyrna that you can acquire at $150,000 or less and receive $1000+ per month in rent. This is the sweet spot for buy and hold investors and makes Smyrna a great location to purchase rental property, not to mention the rising values of property in the area. So if you need to sell your house fast in Smyrna, GA, reach out to us today as we buy houses in Smyrna, GA.
Fix & Flip
While there are areas in Smyrna, where you can still get a single family house at a reasonable price and hold it long term, there are also patches of the city where you can fix and flip a house and sell for top dollar. In Williams Park, a neighborhood in Smyrna, there are renovations and new builds going on all over the place. Same can be said for the King Springs Road area right off of Concord or South Cobb Drive. Renovations are going on all over the place and selling for $250,000-$500,000 depending on location and size of the house. There is nothing you can’t do as a real estate investor in Smyrna, GA, all of your options are on the table.
Wrapping It Up
When identifying an area to buy a house as an investment property or as a house to live in, it is always good to have options. Investors and traditional homeowners alike should have multiple exit strategies available to them. In Smyrna, you have several options with what you can do with your properties. In certain pockets prices are still low enough to own and hold rental property, whether short or long term. But also in other areas renovations run rampant and you can get top dollar price for houses and potentially make a lot of money. The options are endless so if you need to sell your house fast in Smyrna, GA, give us a call today, we want to help. We buy houses in Smyrna, GA!
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