All Forum Posts by: Jay Grabbe

@Dale Stevens

Let me know about the meeting, I'm right down the road and available on Mondays. There was another meeting in the area on Thursdays but I'm tied up that night.

@Jeff Valentino I live in highland, looking for a good RE agent that's investor friendly if anyone can help.

Thanks,

Kurt Carlton I would love some information too while I do some research. Thanks everyone.

Patrick Faherty ,Russell Pitts I have bought several properties through them and have not visited in person. I have been focusing on Tennessee right now and everything has worked out good. A minor problem with one house that I'm hoping to rectify this month. Overall it has been a good experience.

@Benjamin Centeio

Per my note I would def suggest talking to them. Their online sheets are nice. Watch the numbers and you can make changes to them live for a more conservative approach. 

I personally stay away from C properties starting out but depends on your finances and risk tolerance. The A properties are over 100k. 

HI @Neal Isaacs

I bought a local condo maybe only 5-10% below market and I manage it for experience right now, then I started buying from turn key providers out of state. They can do all the leg work while I work my 9-5,6,8 job. I stay above 200 cash flow but the best property i have so far is the 1st one i bought.

My goal is to get to around ten good properties by next year.

Started learning to flip houses will do a couple of those on the side. Working to increase holdings in my area.

Lessons learned - 

Do all the numbers yourself, Do your own Comps to get property value, some companies can throw some numbers out there that can look good until you start digging.

Good Luck.

sent u a note, Im working with Norada right now.

I had a couple deals on the table, to tell them yes or no.

Sfh $89,900  estimated value $97,000, built 79

3 bed 2 bath, 1630 sq ft, slab, no garage, says no city taxes?

Numbers from agent

Rent 925, taxes 828yr, ins 600/yr, manage fees 1110yr

Would finance 20% down

Their estimated cash flow $333 month

Congratulations on starting. Make sure you do your numbers and stick to your plan. I started this year too and it has been great so far.

get a property manager and see how they do it