All Forum Posts by: Jamie Jones

Hi @Matt Beech I am from Murfreesboro as well, welcome to BP. What areas have you been targeting in your search for deals? 

@Wyatt Cutler Tiffany @Dennis L Lewis JrI don't know if you've seen it or not, but there is another BP meet-up scheduled for next Saturday at Pinewood. Should be really beneficial for everyone!  

 I would prefer noon but can make it at 1pm as well at Pinewood. Looking forward to it!

I'm so happy to see this thread! Great idea @Zachery Buffin. I am going to attempt to make the other BP meetup in Nashville, but at 4pm, it's going to be tough for many people that work a full time day job. An after work social or Saturday morning meeting would probably the best for me. Let's get this thing going and start helping each other out.  

@Ryan Stackhouse If you don't mind me asking, what area were those duplexes in that you recently purchased?

@Darwin Crawford very entertaining read-thanks for putting it out there with 100% honesty.  In your advice, what is the best strategy for a newbie in buy and holds? Wait it out and try to save up enough for down payment + reserves? Partnerships?

@Jordan B. with that much starting capital, I say go for it! I am in a very similar situation as you, just with less capital so I may have to go directly to a house hack with FHA financing once my lease is up. I think finding a great deal on a SFH with a traditional mortgage and down payment and then finding the multi-family house hack when your lease is up could really accelerate your wealth.

Good luck with everything, I look forward to see how it turns out for you.

I may be missing something but if you were planning on house hacking originally, where are you planning to live if you buy this property? Would you rent out the entire home or just the spare bedroom and house hack that way?

Hi Adam Vo I live in Murfreesboro as well and looking to invest in the middle TN area. There is definitely a lot of potential in the area but, as Gary mentioned, is tough to find anything that hits the 1% rule. It all comes down to how hard you're willing to work to find a deal. Feel free to connect if you would like to chat more!

Looking forward to it!