All Forum Posts by: Cj Powderhorn

Hi! I'm curious if anyone on this thread is still active as the last post was a year ago.  We are looking at heading down to Ensenada to check out some properties next month. If anyone can connect I'd appreciate it! Thanks, Cj

What area are people looking to B2R?  Obviously, lots of SWFL and TX. Any other areas that folks are looking at?  Just curious-I'm just expanding from Memphis to SWFL.  Interested in other opinions and areas where folks are doing well. Thanks!

That is my concern. My hope is we get some posts on here with both true and realistic feedback. I was contacted directly by someone who had a negative experience via PM.

Has anyone else noticed that almost all of the reviews on large property marketplaces/strategy sites/big TK operators are all 5 star? There MUST be someone out there who ordered steak but got chicken? 

I’m not even talking about,  ‘there’s a roach in my food’, maybe more of a ‘things could have been better post investment or my property manager sucked, or I can’t believe the premium I paid’. Or even, I think these guys will be great but I’m investing in NB and the rental vacancy and quality of the PM remain to be seen...

These reviews are so hard to find-I’d love to here a bit more on the negative sides before I make my decision.

I do have a TK provider (one area) to whom I’d give  5 stars-but I’ve been working with them for 15 years.

Thanks!

@Chris Piazza, how do you feel about the hurricanes? I have some friends there and it seems they always end up with stuff not being covered (either wind or water damage). They have all the insurances that they 'are supposed to'.  Also, do all of the canals need a seawall?  I've seen some that just have vegetation.  Thanks, Cj

Hi, Looking at some NB in the 33993 area. SFH. Has anyone worked with Zach Lemaster and his guys in this area? Just looking for a couple of references as well as some of the FL specific gotchas - besides the alligators. Also, wondering if the NB areas typically include future assessment and flood/wind insurance into their calculations? I've at about 10 investments SFH and Duplex, but and looking for a new area so I feel like I am starting over a bit! Thanks very much, Cj

I agree that it won't change the appraisal.  However, if you are selling, it may increase your sales price. I've been looking at listing a few properties for sale thru RoofStock and the rent definitely has an impact on the sales price. Most of mine are rented at an undervalue rate (but have tenants that pay of 5+ years). I like their system for sellers but will probably have to wait until I have a tenant turnover.  I know this is slightly off topic, but I do believe sales price must be tied to rent for most people!

Thanks @Mark Fries!  So the areas you mentioned are the areas that you think have a good possibility of appreciation growth?  I'm probably going to just keep researching things for now, but I still have your info when I am ready to go! Thanks, Cj

Hi! Resurrecting an old post...does anyone have and research on JAX zipcodes that they are willing to share? I know there are several people on here that have done that for Memphis. I'm looking for a new area to invest in with the possibility of more appreciation.  Thanks very much!

Hi,

Any recs on TK operators (all in house)? Or, possibly an across the board team that you have used who would like some additional investors?  Thanks, Cj