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All Forum Posts by: Jeffrey Holst

Jeffrey Holst has started 14 posts and replied 660 times.

Post: Help Choosing a Market

Jeffrey Holst
Posted
  • Investor
  • Chattanooga, TN
  • Posts 676
  • Votes 543

@Craig Curelop great advice. The biggest issue is just getting started. There are many great places to buy and probably any of the markets being considered will work just fine.

Post: Stuck on Step in FIrst BRRRR

Jeffrey Holst
Posted
  • Investor
  • Chattanooga, TN
  • Posts 676
  • Votes 543

@Aaron Cameron start with local and small banks. Might be easier to find a bank up there rather than down here. Also make sure you are going to our meet up and to reia etc because you will meet people who are doing what you want to do.

Next BP meet up locally is Thursday. We do it 4th Thursday of every month as a happy hour. We also have a Facebook group that posts the time and location for that meet up.

Post: Help Choosing a Market

Jeffrey Holst
Posted
  • Investor
  • Chattanooga, TN
  • Posts 676
  • Votes 543

@Stuart Schlarf I'll second @Paul Leason that Grand Rapids is a could choice for a four season city. I lived there many years and loved it. I'm in Chattanooga now but mainly because my wife doesn't love snow.

Best advice I can give you is just do it. Hardest part of investing is starting. Yes it's important to educate etc but you also need to jump in.

Best of luck. You can do this.

Post: Chattanooga cashflow neighbourhoods

Jeffrey Holst
Posted
  • Investor
  • Chattanooga, TN
  • Posts 676
  • Votes 543

I'd also check out Hixson and possibly Brainerd

Post: refi? sale? Can you guys-n-gals help me?

Jeffrey Holst
Posted
  • Investor
  • Chattanooga, TN
  • Posts 676
  • Votes 543

@Joseph Bass I feel like if you have a good relationship with a hard money lender you can offer cash and 10 days closes or whatever. You just need to make sure the lender can turn it around that fast. Most can. You don't actually need to say this is a cash offer just say I can close in 10 days or whatever with no financing contingency. And then as long as you know your market and your lender you are safe. But make sure you don't over pay and make sure your lender is legit.

Post: refi? sale? Can you guys-n-gals help me?

Jeffrey Holst
Posted
  • Investor
  • Chattanooga, TN
  • Posts 676
  • Votes 543

@Joseph Bass sell or not depending on your goals. But if you have 20-30% down you should be able to get a hard money lender or some other kind of line in place that would allow you to make "cash" offers in my experience very few people actually pay cash they just have access to cash.

Post: June Chattanooga Investors Happy Hour!

Jeffrey Holst
Posted
  • Investor
  • Chattanooga, TN
  • Posts 676
  • Votes 543

Im excited to see everyone

Post: New investor out of Chattanooga Tennessee

Jeffrey Holst
Posted
  • Investor
  • Chattanooga, TN
  • Posts 676
  • Votes 543

@Joseph Bass it is not the reia

Post: New investor out of Chattanooga Tennessee

Jeffrey Holst
Posted
  • Investor
  • Chattanooga, TN
  • Posts 676
  • Votes 543
Originally posted by @Benjamin Bleasdale:
So greedy. 
Originally posted by @Jeffrey Holst:

@Lucas Carl biggest issue is when I do find them as they are harder to find I tend to want to keep them for myself. My point is I am still buying as long as it cashflows.

 I know it's crazy when people do the work to dig out a good deal and then don't want to give it away 

Post: New investor out of Chattanooga Tennessee

Jeffrey Holst
Posted
  • Investor
  • Chattanooga, TN
  • Posts 676
  • Votes 543

@Lucas Carl biggest issue is when I do find them as they are harder to find I tend to want to keep them for myself. My point is I am still buying as long as it cashflows.