All Forum Posts by: Brad Fisher

Check out Daniele from Hawthorne Holdings.  Might reach out to her.

Brian, what does the exemption look like?  Is owner occupied taxes at residential rate?

@Jackson Malcolm

Thanks for the helpful links!

Does TN have a homestead exemption/reduction for owners that are TN residents? Wondering if OOS investors need to plan for higher taxes.

I’m in!

Hi all, wondering if folks have had more success on fire/landlord policies with local insurance agents or if the "big box' folks still work. Trying to figure out the best options for OOS investing in the Huntsville and Chattanooga markets (where I am currently focused); want my numbers to be tighter as I am analyzing deals.

What types of rates should I expect for 3/2 SFHs that are 1970s or newer?  Or even new construction?

@Paul Leavitt  I am exploring the Chattanooga area as well.   If you have some folks you think might be helpful to talk to, please DM me.  Thanks!

I also use city-data.com.  It sources a lot of its data from the census bureau and bureau of labor statistics.  

http://www.city-data.com/city/...

Here is a link for Jacksonville.  Scroll down until you see the map.  You can sort by all kinds of data, including demographics.

What are some of the "anchor" industries/businesses that attract folks to the Chattanooga area? I know tourism is still be there because of the Smokies, but are there other things that have been contributing to the home value growth over the last 10 years or so?

I am also exploring investment opportunities (SFH, small MFH) in both Chattanooga and Huntsville.

@Ika Sargeant. I live in Springfield and yes, mortgage is under 500K.

Could you elaborate on how cash flow would improve over time? I understand rents will go up, but so will taxes. Maybe I missed something.

@David Fernandez Sorry, forgot to mention you logic was the same thing I was thinking. I could role the profit from the sale right into something in a more affordable market. Thanks for your input!