Finding the PERFECT DEAL in ATL

[Scot Evans]

I am currently in the early stages of my real estate investing journey and I am gaining new knowledge everyday from BP readings and just from networking. I have a question for all “cash buyers” who are familiar with the Atlanta Metropolitan area (but not limited to);

What is it that you all look for in a “Perfect Deal?”

[Brenden Mitchum]

Hey @Scot Evans!

Great question but first I have one of my own..why "cash buyers" only?

I have several clients that are cash buyers and their perfect deal is mostly dependent on CoC Return. This differs by the client. There is no one size fits all but generally 10%+ CoC. One only does 15%+. There are just two many pieces of the puzzle that the only real answer is to understand how to evaluate a deal and have a system that is flexible and allows changes and updates throughout a rigorous due diligence process. Know what ROI/CoC mark you're shooting for going in so that you can identify when something looks like the "perfect deal," but also make sure you know your minimum return metrics so that you don't miss an opportunity to generate wealth just because the deal isn't "perfect."

Hope this helps a bit! Please, feel free to reach out anytime if you have other questions or just want to chat!