All Forum Posts by: Tori Hansen

Hey Ryan 👋 Welcome to BP, it has been an incredible resource for me, so I know it will be for you too. I’m also in Newnan, happy to connect! 

Hi Drew, two good local Newnan GC’s are;

Lichty Brothers - https://lichtybrothers.com/

RDR Contracting - https://newnanremodeling.com/

What kind of project are you working on? 

Hey @Bryan Leavoy, welcome to BP! This site has been my go to learning resource while investing and managing rentals. You’ve definitely come to the right place! I live and invest in Newnan and happy to connect. I’m actually doing a rehab on a tri-plex in Downtown Newnan right now 😀

Thanks so much for the feedback!

Our rental property (3/1 SFH) in the Colonial Hills neighborhood of East Point has more than doubled in value since we purchased in 2015. I'm debating whether to keep holding  or sell... what would you do?

Here are the numbers. 

Purchase Price: $49,500 (Current 15 yr Loan Balance $35K ---- $435 per month PITI)

Current Value: $130,000

Rent: $925

Our initial strategy was long term buy and hold. But being that it's increased so much it's got us thinking... considering taking the gains to put down on a small multi family, or SFH in an A/B class neighborhood.

@Craig Jones Welcome to BP!

I'm in the Newnan area as well and just got into my first SFR rental with tenants moving in on the 1st. I was initially looking in East Newnan/Sharpsburg/Peachtree City area, but unfortunately wasn't finding deals on the MLS, where the numbers worked.

 So I ended up pulling the trigger in a good little pocket of East Point.

Check out the BP calculators, they are great to learn how to analyze a deal -- https://www.biggerpockets.com/buy-and-hold-calcula...

I highly recommend my realtor, Sherry Blackmon out of Harry Norman Realtor's in PTC. Direct message me for her contact info.

Best of luck to a fellow Newbie! Reach out with any questions :)

Sounds great! Hopefully I can make it, just need to juggle the schedule around.

Hi @Teri Khimani, I've just started investing on the south side of Atlanta. Under contract on my first buy and hold SFR in East Point (Colonial Hills neighborhood). Would love to connect!

@Jason Hern how long have you been investing in East Point?

Here's the new proposed zoning.

Glad I could help. I'll definitely share any insights tomorrow :)