All Forum Posts by: AJ Singh

@Jaleesa Harrigan

Millington has really progressed a lot in real estate values. i would not discount it out to live in that area

Otherwise Cordova and bartlett are great areas to live in and rent as well. they do follow the 1% rule if bought at the right price e.g. auctions, off market and wholealers.

Just wait to get to Memphis area and then make the decision. there is always a deal there.

Congratulations @Dan T.

Best of luck!

@Michael P.

PM is managing multiple clients portfolios. They are not just managing one client.

Passive investing in SFR is not that passive.

I am not doubting your ability to manage passively without visiting your rentals.

A MultiFamily syndication May be a better bet for some investors nowadays

@Dan T.

you have had great advice on all aspects of OOS turnkey investing. i will add one more. 

Be prepared to scale to multiple properties. one property will eat up your annual trip to memphis. dont think you can do remote asset management sitting from anaheim. 

also you can invest in inland empire with similiar numbers. i am not sure why you are not casting your net locally. As @Caleb Heimsoth and @Account Closed mentioned, the memphis market was undervalued four yeas ago but is now very strong. Any killer deals are all cash nowadays with seven day close!! 

Best of Luck!

we use apperson crump for acquisitions and closings all the time.

ask for chris britt

hi

we use scooter holliday. if you are still looking for referral, send me a PM 

@Jack Daw

you can invest in inland empire. you should be able to get a 3bd rental and DIY it to improve ARV.

@Haydn Zeis

those are great nuggets you imparted. Thank you so much

@Mark S.

retitling one of the bank account to trust seems to be the easy answer.

@Maya S.

since you are a real estate professional, you very well know markets are over priced everywhere including out of state.

Holding 20 to 30 houses if bought at the right time is actually a great cash flow machine and managing the property manager is part of the game in out of state markets.

You can always look in smaller multifamily deals in Riverside and San bernadino county if you are southern california or Fresno, bakersfield areas if you want to venture in central CA. If you are in bay area, i have seen multifamily deals in oakland, richmond etc.

I have not ventured in Syndication model yet, but i would take a hard look at them if i dont find any sfr or multifamily to invest in. Lot of reputable syndicators on BP and linked in..