All Forum Posts by: Catherine Aubale Epstein

Mike,

I agree with you.  In Nashville, I started buying 7 years ago.  We were just breaking even barely and one year at a time, the rental market went up and up and up and now it is giving us great cash flow.  It just took a couple of years, but we knew it, could support the properties and now the value has more than doubled and we have wonderful tenants...and cash flow.

Just a thought. Immediate cash flow should not be the only decision making. The future value of the area you are investing in and the outlook on the city. IRR is also important!

Yes, but more expensive: Direct mail to one neighborhood.  But to be good it has to be constant and might cost a bit.  Important to figure out first which area to hit.  Mostly look for areas where there are many turnover of properties!

Buy leads? 

Be involved in your neighborhood and network! It is hard but pays off after a while!

But cold calling and open houses are not to my preference as over the years, I sold only one home due to open houses...therefore not worth your time, except to get new clients, and often they already have an agent and you can't try to have them leave their agent (unless they ask you to represent them)  as it is against the ethic rules!! 

I am a broker and found out that cold calling is not a good thing to do nowadays as people get already too many sales calls and they are not really happy to talk to you.

Do some advertising on Facebook as a start for example.   Try to get leads and then if you get their phone number call back immediately!

Best talk to an Attorney or your CPA. LLC are very easy to start. Good way to own properties, but also attached to some costs.

Hello,

I am a real estate broker first in San Francisco and now in Nashville with 35 years of brokerage.  I have encouraged buyers (and myself) to buy income properties even if there is no cash flow immediately.  You will though have to be sure of the location and market you are entering.  If it is a growing market you should be pretty safe if you are willing and financially able to hold the properties for a few years.  Look also at the future resale value.

Hope this help.

3 BR 2 BA nice lot East Montana, Aurora, Co. Remodeled. Great rental area

$325,000

great property! Tenants lease terminating end of October for future owner occupying property!

Thank you ! Indeed have 35 years of real estate experience as a broker and have invested for clients and myself in Bashville for the last 5 years.

hello Amber,

Could you send me the whole scoop ?

Thank you 

Catherine 

Hello!

We are expanding our real estate management  side of our business and please contact me if you are looking for a "boutique" management firm that will handle your properties as their owns.

Thanks,

Catherine