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Updated over 3 years ago on . Most recent reply

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86
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Lauren Hogan
  • Rental Property Investor
  • Denver, CO
160
Votes |
86
Posts

Why Do You Invest in Georgia & Atlanta? (Testimonial Request!)

Lauren Hogan
  • Rental Property Investor
  • Denver, CO
Posted

BiggerPockets! I'm working on building a landing page for Georgia and the city of Atlanta. Would anyone be willing to share why you choose to invest in the state and/or the city? What makes your state and the city of Atlanta so wonderful for investors?

  • Lauren Hogan
  • Most Popular Reply

    User Stats

    683
    Posts
    317
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    Jingru Sui
    • Real Estate Agent
    • Atlanta, GA
    317
    Votes |
    683
    Posts
    Jingru Sui
    • Real Estate Agent
    • Atlanta, GA
    Replied

    Smyrna Property purchased in 2014 at 315K, 4b3.5b. Was my primary home. rented out early 2019 for 2600 per month. I've put down 50% so monthly cash flow around $600.

    Woodstock Property purchased in 2017 at 150K, 3b2b as investment. Put in 6K to make it look nice(new paint, new floor). Current rent at $1435. I also put down around 50% so monthly cash flow around $835.

    Powder Springs Property purchased in 2018 at 150K, 3b2b as investment, but I felt in love with the big flat yard and country living so we downsized and move here. Put down 25%. 

    Powder Springs Property 2 purchased in 2019 at 160K, 3b2b as investment. Put down 20%. Did nothing. Turn key property with beautiful new floor and paint. Current rent at $1350.  Monthly cash flow around $400. 

    PS: Closed another house this month for a client of mine right by my first Woodstock house. (on the same block.) Similar size but without a garage. It's $182K now. So $32K increase in price in 3 years. I think it's pretty steady! 

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