10 questions • Test your Atlanta metro market knowledge
A) 2.1-2.5% (like Texas)
B) 1.0-1.2%
C) 0.5-0.8%
Answer: B) 1.0-1.2%
Georgia property taxes are roughly half of Texas rates, improving cash flow.
A) Cobb County
B) Fulton County
C) Douglas County
Answer: C) Douglas County
Douglas offers lowest entry prices with 8%+ cap rates - ideal for landlords.
A) Only slab foundations
B) Crawlspaces and basements
C) Pier and beam only
Answer: B) Crawlspaces and basements
Unlike Texas, Georgia homes often have crawlspaces/basements requiring moisture and termite inspection.
A) 75%
B) 70%
C) 65-68%
Answer: C) 65-68%
Premium areas like Buckhead and East Cobb need tighter margins due to higher risk.
A) 100% of sqft value
B) 50-70% of sqft value
C) 20-30% of sqft value
Answer: B) 50-70% of sqft value
Finished basements add significant value - always note basement status when comping.
Answer: Gwinnett County
Gwinnett offers 55% flipper / 45% landlord split with diverse opportunities.
Answer: WDO (Wood Destroying Organism) / Termite Inspection
Georgia is a high termite zone - always check for termite damage.
Answer: South/Southwest Atlanta (30310, 30311, 30314, 30315)
Limited buyer pool, unreliable comps, high risk - leave for experienced investors.
Answer: 8%+ cap rate
Douglas offers highest cash flow returns in the Atlanta metro.
Answer: Flipper (70%)
Cobb County is flipper territory due to strong schools and appreciation.
You're ready for Tennessee markets.