All Forum Posts by: Ashley Cook

Quote from @Jordan Nikolaisen:

I've looked for posts regarding turnkey rental companies in Nashville/Middle, TN, but haven't had any luck with finding much info here amongst the bigger pockets community. I've seen some posts from a few years ago, stating there wasn't really much of a presence here with those kinds of companies. But as it is 2022 now, I'm curious if anyone here has turnkey companies they've invested with in Nashville, or the middle TN area recently?

To be honest, I'm not terribly interested in looking for rental properties in Nashville, but more so looking at the surrounding areas in middle TN- i.e. Gallatin, Lebanon, Mt. Juliet, Murfreesboro, Spring Hill, etc. 

So the questions I have- turnkey company recommendations for middle TN? Thoughts on the rental market in the surrounding cities/counties. 

Hope to get some informative feedback! Thanks!

Hi! I’m a local agent born and raised in Gallatin. You’re correct, there aren’t a ton of turn key offered rental properties, as most of those are sold for much more to primary home buyers. I have one property right now that could be a short term or long term rental right now. Feel free to reach out for more information. Let’s sync up for a coffee if you’re interested in the sumner county market. Thanks!

Quote from @Klint Ruud:

Gallatin, Hendersonville, Goodlettsville, Hermitage, Springhill, and Chattanooga. 

All the deals I've done in these areas have produced the highest returns. 

We have had exponential growth here in Gallatin, Sumner county Tennessee. Two years ago the median price of homes was 280,000, now the most recent report says it’s around 426,000. like most investors we look for the one percent rule and it’s just extremely hard to find in this area now. We do have a very limited inventory as well. PS I’m an agent. 
apologies for grammatical mistakes, I’m driving with voice text!

I have an opportunity to purchase at a discount a clients investment property. I do not have funds for down payment to do traditional financing out of the gate.

The seller is open to seller financing and me refi’ing as soon as possible (6mo is the timeframe my lender gave me.) Their motivation is to get out of the property and to get cash in hand within the year.

However, they have a mortgage on the home. Let’s say it’s not assumable, what are my options without possibly going the seller financing route and not being able to refi it as planned due to some unforeseen legality? 

I cannot accept gifted funds and use them without waiting 60 days - which the seller doesn’t want to wait on. 

Does anyone have a recommendation? To be honest, I feel brain dead at this point thinking through scenarios so please be helpful 🤗 not hurtful. 

THANK YOU!

New investor and realtor here! What are thoughts on building in a home warranty on your purchase to help with unforeseen issues into the first year? 

Has anyone taken advantage of one recently for an investment? I would love to hear your suggestions. 

Much love 👋🏼

Hi Victor! Welcome! I’d love to hear more about your group and how “dues” work. I’m interested in starting a similar group in our community - middle Tennessee (Gallatin). I’m a newbie as well and am preparing my intro! I thought - why not jump right in ✌🏼👊🏼