ANYONE ELSE SEEING THESE CRAZY DEALS IN SE ATLANTA?? :/

5 Replies

Hi Guys,

So like I've indicated in my previous posts, I started playing in the Atlanta Real Estate scene not too long ago.

We closed on a 3 Bed 2 Bath SFR just 2 weeks ago. Would need about $85k of love, it cost us $185k and appraised at $320k ARV.

I posted on here a reaction I got from my lender in that regard.

I woke up yesterday morning, went on my customary run as I always do. Got home and popped my mail open only to find 3 super decent deals. 

My question is for those who may have played in the Atlanta market. Is there a cycle where people toss homes in the winter? Because that would be the only explanation for all this inventory I've been stumbling on.

Any one else experiencing this?

Would appreciate any info.


@Laurence Obi I have property in Rome and other towns south of Atlanta. I like GA for RE investment. I’m also a lender so I see shifts to other parts of the county. Alabama is one big one (section 8) some of my clients are selling in GA and moving their business to AL, OH & AK. For various reasons, cash flow, taxes splitting their equity to cash cow properties and so on, but I’ve been faithful to GA and it has been good to me so I don’t mind if I get more inventory I can get my hands on.

Originally posted by @Guifre Mora :

@Laurence Obi I have property in Rome and other towns south of Atlanta. I like GA for RE investment. I’m also a lender so I see shifts to other parts of the county. Alabama is one big one (section 8) some of my clients are selling in GA and moving their business to AL, OH & AK. For various reasons, cash flow, taxes splitting their equity to cash cow properties and so on, but I’ve been faithful to GA and it has been good to me so I don’t mind if I get more inventory I can get my hands on.

 I think this could also be part of it.

Does AL offer better cashflow? Curious.