All Forum Posts by: Andrew Keeler
Andrew Keeler has started 1 posts and replied 6 times.
Post: Anyone on BP investing in Oahu, Hawaii?
- Investor
- Rocklin, CA
- Posts 7
- Votes 3
@Lane Kawaoka
Great reminder Lane. Building an investment portfolio that allows you to live where you want is a really good thing to keep in mind. I am currently strategizing on how to build a portfolio so I can retire in Hawaii when I retire from the military in 5 years. It's going to take some serious work but it will be worth it.
Post: Property Management companies in Memphis TN
- Investor
- Rocklin, CA
- Posts 7
- Votes 3
Originally posted by @Brian Williams:
Hi Bill, we are selling our properties in Memphis largely due to a nightmare experience with our property management company, in addition to being at a distance, which makes it very hard to find a good one. I have heard positive things about Management That Cares. I can say this - we live in NC and currently use Block Realty here for our property management and the different is night and day. They are Wonderful! I want to buy up properties here and allow them to manage our portfolio, as this is how the relationship between owner and Property Management company should be. I think working with our current company in Memphis has probably taken years off of my wife's life in terms of health. I've said this before, but I feel I need to stress that we have had zero "character issues" with our current company. Character-wise, they have been honest and tried to help. It has really come down to an issue of not being well-organized and competent to do the job. I can only imagine how difficult it must be to run a successful property management company. Hope this helps.
Hi Brian,
I am thinking about investing in the Memphis market soon, but stories like yours are scaring me off. I have only bought and sold homes that I live in, so this will be my first REI home. I am looking to be in the sub $100k market to limit my exposure while I go through the learning process on my first home. I am always looking for people giving positive experiences with PM companies too. With respect to your privacy, would you say that there is a sub $100k in your area of NC? I am definitely not decided where I will be investing yet, so any advice would be great. Thanks so much!
Post: Property Management companies in Memphis TN
- Investor
- Rocklin, CA
- Posts 7
- Votes 3
Originally posted by @Adriana Diaz:
@Samantha Santaniello
Hello Samantha,
We’re out of state investors and our real estate agent recommended a few PM and I did my diligence and contacted Lubin Property Management and so far they been helping us and no headaches so far. We’re getting ready to invest again and well be using them once again. I hope this helps..
Best of luck to you!
Hi Adriana,
I was wondering if you brought a property to Lubin or if you purchased a property that they happened to already be managing? I am looking to enter the Memphis market in the next few months but I am out in California as well, so I am a little bit nervous about investing so far away. How has your experience been over the past few months? Thanks for the info!
Post: What are your goals for 2021?
- Investor
- Rocklin, CA
- Posts 7
- Votes 3
I am looking to close at least one deal in the sub $100k market. It will allow me to learn a ton and won't be too risky if I have any issues.
Post: Good markets for Properties Under $100k
- Investor
- Rocklin, CA
- Posts 7
- Votes 3
Hi Shyam! I am looking for almost the same criteria currently. I have been looking in Memphis TN and Little Rock AR. I have been reading a lot about Memphis particularly and I have a friend who invests in that market currently. I think I am going to purchase a there shortly, once I am confident enough in the market and I find a good realtor and property manager. Let me know what you think or if you have found any other good sub $100k markets.
Post: Newbie Introduction - Military Investor
- Investor
- Rocklin, CA
- Posts 7
- Votes 3
Hello everyone, I’m Andrew and I am new to the world of real estate rental investing. Just some basics to set the stage. I am an active duty military member with 14 years of service. I am relocating to the greater Sacramento area for my last duty station until I retire in 6 years (from the military, not forever). With that being said I have become increasingly concerned about post military life and creating some passive income, enter real estate investing.
In the short term I am buying a home in Rocklin, Ca for my family to live in for the next several years. My realtor knows, and is on board, with this property needing to be appealing to the rental market and at the right price point for future growth. I am also reading everything I can get my hands on such as Rich Dad Poor Dad, How to Win Friends and Influence People as well as several titles from Bigger Pockets in an effort to learn as much as possible about business and real estate.
My goals, as they stand now, are to get this home I am buying now with it having strong potential for being a cash positive property in the future. Secondly, I am hoping to acquire my first multi-family home in the next year. I plan to take it slow but steady and see how I can use the military benefits to help me start a portfolio of properties. I will continue to refine my goals as I get a little more idea of what I am doing.
I am excited to learn from everyone on here and share stories!
-Andrew