Another successful property purchased in Atlanta by YDL

This week we look at another property that we purchased in Atlanta for one of our South African investors. We were able to physically inspect this property whilst we were there recently. In this example the property has already undergone the rehab work (renovation) which included items such as painting throughout, replacement of carpets, relaying vinyl in some of the flooring area and replacement of some light fittings and blinds.

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The property is “as good as new” and we did not struggle to find a tenant at $950, rendering a very respectable net yield of 9.1%. We were able to view the property shortly before the tenant was due to move in. It is a 3 bed 2 bath “single family home” in a neat sub-division just South West of the City where rental demand is strong. Have a look at the video below where Deon takes you through the property.


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