Investing in real estate in order to start making money is not easy. The first step real estate investors should take is to select only the best housing markets. Well, the Atlanta housing market is amongst the top ones. However, many cities in the US are obliged with Airbnb legal regulations and are just not suitable for short term rentals. So, what is the current situation with Airbnb Atlanta that real estate investors should know about? Are you curious? Then let’s find out what’s up with Airbnb Atlanta.
#1 Introducing to You the Atlanta Real Estate Market
Real estate investors should know that many globally recognized companies have established their headquarters in Atlanta, GA. Such are: UPS, Coca-Cola, CNN, and many more. Moreover, Atlanta does not only attract business-oriented travelers but also tourists. This is due to the fact that Atlanta is the origin of festivals such as Dogwood and The Atlanta Film Festival. Consequently, events like that attract tremendously large numbers of visitors yearly. With short-term rentals that are gaining bigger popularity among the travelers, hotels are losing their potential guests to Atlanta Airbnb rentals. Thus, many real estate investors consider Airbnb Atlanta as a good opportunity to start investing in real estate.
Further, the treehouse in Atlanta, GA is the most popular listing, which operates like a magnet and attracts thousands of tourists. To emphasize, over 300,000 tourists have visited this attraction and approximately 145,000 of tourists have saved this destination point to their wish lists. Oh, by the way, this information is not based on a yearly data. Instead, results came from one month of visitation. This proves that Airbnb Atlanta has an even bigger number of travelers annually. Therefore, the local housing market is among the best areas to invest in.
Curious to know why real estate investors should invest in Atlanta right now? Make sure to read “Why You Should Invest in the Atlanta Real Estate Market Now.”
#2 Investing in Real Estate: Investing in Airbnb Atlanta with the Investment Property Calculator
Well, as we already know, investing in real estate in Atlanta is a great opportunity for many real estate investors. Short-term rentals can make every investor rich if he/she chooses the best Atlanta Airbnb rentals. Still, before purchasing an Airbnb investment property, analysis should be conducted.
One of the ways that real estate investors can follow is performing all the analysis manually. The other way is by using Mashvisor’s investment property calculator. This real estate investment tool will help you choose the best real estate investment based on the criteria you pick. Return on investment, Airbnb cash on cash return, Airbnb occupancy rate- every real estate metric you need will be computed in a few seconds. This is the reason you should use the investment property calculator. Do you want to learn more about the investment property calculator? Make sure to read “Investment Property Calculator For Analyzing Real Estate Investments.”
#3 Top Five Neighborhoods for Atlanta Airbnb Rentals
Below we have presented to you the top five neighborhoods with the highest performance rates for Atlanta Airbnb rentals. This way you can observe the local housing market deeply and make an informed decision of where to invest in the city of Atlanta. Of course, besides choosing the best city and most profitable city and neighborhood, you need to select the best investment as well. You can do so with the help of the Mashvisor’s investment property calculator. Just click here. Now, let’s move on to exploring the best neighborhoods for Airbnb rentals in Atlanta.
Airbnb Atlanta Real Estate – Downtown
Median Property Price: $337,861
Airbnb Rental Income: $1,996
Airbnb Cash on Cash Return: 2.61%
Airbnb Cap Rate: 2.61%
Airbnb Occupancy Rate: 58.78%
Airbnb Atlanta Real Estate – Sweet Auburn
Median Property Price: $445,659
Airbnb Rental Income: $2,411
Airbnb Cash on Cash Return: 2.58%
Airbnb Cap Rate: 2.58%
Airbnb Occupancy Rate: 59.51%
Airbnb Atlanta Real Estate – Poncey-Highland
Median Property Price: $467,440
Airbnb Rental Income: $2,660
Airbnb Cash on Cash Return: 1.95%
Airbnb Cap Rate: 1.95%
Airbnb Occupancy Rate: 56.35%
Airbnb Atlanta Real Estate – Loring Heights
Median Property Price: $620,000
Airbnb Rental Income: $2,440
Airbnb Cash on Cash Return: 1.95%
Airbnb Cap Rate: 1.95%
Airbnb Occupancy Rate: 57.25%
Airbnb Atlanta Real Estate – Oakland
Median Property Price: $482,055
Airbnb Rental Income: $2,300
Airbnb Cash on Cash Return: 1.81%
Airbnb Cap Rate: 1.81%
Airbnb Occupancy Rate: 58%
After real estate investors know the current Airbnb Atlanta situation, it is the right time to start investing in real estate.
#4 Airbnb Legal Issues: What Should You Know?
Even though Airbnb Atlanta is a great market to start investing in real estate, there are several Airbnb legal regulations that real estate investors should know about. Let’s begin with the fact that Atlanta does not fall in the list of places where short-term rentals are illegal. However, if real estate investors do not pay close attention to the licensing system, their business activity might be seen as illegal.
So, how can you be sure you are following the Airbnb Atlanta laws? First of all, you should obtain a business license. Basically, real estate investors that own Atlanta Airbnb rentals must have a business permit to operate legally in the market. Moreover, having only a business license is not enough. The second in line is obtaining a hotel license. This license is crucial to have in order for the real estate investor to succeed in the Airbnb Atlanta business. Yet, there is a benefit when obtaining a hotel license. This license does not have the annual tax tagging along with it. There are many legal tips real estate investors should know before buying an investment property. Curious as to what are they? Make sure to read “5 Legal Real Estate Investing Tips to Know Before Buying a Property.”
To learn more about how we will help you make faster and smarter real estate investment decisions, click here.
