All Forum Posts by: Michael L.

Fancy! I'm a fan.

@Dean Letfus , interesting to know. Those are a couple of markets I am interested in. Would you mind recommending any turnkey providers in Memphis and Atlanta?

Thanks @Ali Boone , @Albert Hasson , @Engelo Rumora for the responses.

@Ali Boone Yes, I have been looking at Zillow mainly, but I also look at current 'For Sale' listings. I feel the active listings give better insight as they typically have more pics to show condition.

You're probably right about turn-keys still selling too quickly for much if any negotiation room.

Has anyone considered or successfully negotiated the price down for a turnkey property? Many of the turnkey properties I see are priced significantly higher than the FMV (comps). I can understand a small (<5%) up sell, but in cases where the price is 10-15% over FMV, can you negotiate down?

This is also assuming there are no other buyers at the listed price.

@J. Martin Disappointed I missed this meetup, but I just joined the BP community. Will try to make the next. Maybe we can see the 'after' on your 4-plex for the next meet :)

Congrats!

Thanks @Paul Timmins and everyone for the warm reception.

My weekend's booked with research and reading :)

Thanks @Jeff Pollack and @Account Closed

Helllloooo BP Community!

I'm Mike, and I must admit I've been a lurker on BP for the past couple of weeks. I started watching some of Brandon's youtube webinars then found myself on the BP site. So much info!

I have limited experience in REI, but I've determined that my focus will likely be out of state SFR to start and possibly expand to multis once I've gained some experience/confidence. From what I gathered so far Indy, KC, and Chicago seem ripe for this.

Right now I'm soaking in all the info (podcasts, forums, BP blogs, books), but anxious to get my feet wet.

Looking forward to the journey!

Welcome to BP @Krysti Sam! I consider myself a bigger noob since I have have zero properties under my belt. After browsing around BP, I'm looking at out-of-state rentals as well to get my feet wet.

@Jay Hinrichs words of wisdom are greatly appreciated!