Moving to Knoxville TN!

Moving to Knoxville TN!

Member since 2020 · 7 posts · 13 votes

Hello!

After a few years of sitting on my butt, I finally took action and bought a SFH in Knoxville. My wife and I will be moving from NYC next week! I'm excited and nervous at the same time thinking about my investment future.

I plan on using 2 strategies, STRs with financial partners, and BRRRRs. I picked those 2 strategies because I need a means of recapturing capital. I want to scale faster than buy and hold 1 property a year. I'm currently in the process of building my team for my first BRRRR. So, if you have any core members you recommend, I would really appreciate the referral. So far I have talked to a few realtors, wholesalers, and a lender. My next step, would probably be finding a recommended hard money lender or bank/credit union that will take on BRRRRs. Followed by a contractor.

As an aside, I could also use some new friends, I'm kinda leaving a lot of connections in NYC.

Hope to connect soon!

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Knoxville, TN · Member since 2020 · 6 posts · 2 votes
4y

Andy feel free to connect when you get here! We have similar strategies and live in west Knox and love it here. My biz partner @John Sandlin is also based in NYC as well! 

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  • Lender · Knoxville, TN · Member since 2019 · 2 posts · 1 vote
    4y

    Hey Andy,

    Welcome to Knoxville. I live and work in Fountain City on the Northside of Knoxville. Would love to meet up sometime and talk lending over coffee or a beer. I have various products to help investors and have been lending on a couple of STRs a month for the last 6 months in the Smokies. I also have a new Cash-out option that does not require 6-months seasoning like most lenders in town. Let me know if you want to connect. Born and raised here so send me a message if you need any food/drink or other types of recommendations around town. 

  • Real Estate Agent · Knoxville, TN · Member since 2020 · 54 posts · 42 votes
    4y

    @Andy Yong Welcome to town. Happy to help you with your STR strategy and talk shop anytime. I'm in South Knoxville, helping investor clients in the Smoky Mountain market.

  • Rockwood, TN · Member since 2017 · 28 posts · 6 votes
    4y

    I'm not far from knoxville, and theres a montly real estate meeting that you need to join hit me up

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