Hey Y'all! Do I start need to start saying y'all if I am moving to TN? I'm not sure where the border is.
Anyway, I am moving to Chattanooga for a fresh start and looking for my first multi-family. I looked at sold properties in the last 6 months and a lot that have sold I never saw come through. I know this means I need to find some off-market deals, but how? Where do I begin? Is the first step to join a local group? Does anyone want to be friends?
Also, I am pretty handy, and have done all my rehabs myself and am a project manager, by profession. I'm a pro at pouring concrete countertops but don't like electrical or plumbing work so much. I'm willing to offer help in any way I can in exchange for some help in finding these secret deals.
I'm also interested in hearing all the information about Chattanooga, in addition to real estate. I've done a lot of research on the neighborhoods and have a pretty good handle on where I am looking, but if you have a favorite coffee shop or restaurant, I'm down for that too. All the things!
Thank you so much for taking the time to read and respond!
Hi Angela, Chattnooga has a decent sized group of investors in the local Chat REIA. They have a face book group, search and join and ask how to join their REIA.
Connect with me and exchange emails. I have a decent sized contact list in Chat and just South in Rossville where I've bought SFRs.
I love chat for the energy, sight seeing, mountains, fun events, great food and events. My favorite small bistro is; Meat on Main.
Good luck setting yourself in in your new home city.
@Angela Heydorn , I'm actually hosting a walk-through tomorrow afternoon in north Rossville on a flip project. There should be a couple of local investors there. Send me a connection request if you want to join us. Definitely agree you should join the FB group, REI Meetup Chattanooga
Thanks Jacob! I am actually a few months out from being in Chattanooga full time, but would still love to begin to network there. I will send the connection, so we at least have that. Thank you!
Hey @Angela Heydorn - you will love Chattanooga. So many cool things happening in and around there. Competition is heavy and what we have found best is to grab a map, circle an area you'd like to buy in and then just start driving around and talking to property owners, business owners, investors and folks in those neighborhoods. Lots of off market things happen without ever being listed. Get to know the properties, owners and folks who are doing what you would like to do, in the area(s) you want to be in. You might also have quicker luck doing a few single family deals, so keep an eye out on those too.
@Josh Braun I did expand my search to SFH. I am coming from Salt Lake City, and SFH were my bread and butter. After I saw how low the inventory is for multi-units, I expanded my search. Thank you so much for the info!