All Forum Posts by: Jeffrey Holst

Welcome to BP I think you will find Chattanooga tone a great market. Best of luck finding that flip

@Joey Wilson welcome hope to meet you soon

@Ivan Avila Chattanooga is an amazing market and the most recent uhaul moving report showed that TN took the top spot for relocations meaning more people are moving here proportionately than any other state in the union.

Just an observation.

@Brian Moore congratulations my friend. Keep it up

The trick to timing the real estate market is really really simple.

I've been hearing a lot of people talk about a pending real estate crash.

Some of these people have been out of the market since 2013 or 14. Imagine if you could buy at 2013 prices right now. Imagine if you could buy a 2006 prices right now

If you bought in 2006 or 7 at the height of the last market and were forced to sell or refinance in 2010 you got screwed but if you had long-term debt, adequate cash flow and a reasonable cash reserve your property is almost certainly worth way more now than it was in 2006.

So the secret to timing the real estate market is buy whenever you buy but only sell when it's high.

It's really that simple.

@Brad Fisher you won't regret learning about the Chattanooga area

@Dairon Ruano I don't know that I would limit myself to only Ooltewah Collegedale and Harrison. I have no problem with those areas but I think there's a lot of stuff in Hixson, Eastridge, Red Bank, and North Georgia (particularly catoosa county) that's attractive as well.

I do think that Chattanooga in general is a stable market and a great place to invest I currently have about 70 units in Chatt plus a few commercial buildings. And have 30 more units under contract to purchase between now and February 15th.

@Kwambe Smith I'll second Kelly's statements as far as first property management goes. I also echo her concern about Avondale.

That being said Chattanooga market has been very good for me I have about 70 units locally and are having no significant collection issues. I'll editorialize here also and state that I'm seeing the same thing in the other markets that I have investments in.

You are correct about service dates etc But what I'm saying is if you find a company that is willing to do multiple studies at a discount because they can do them at the same time you can bundle the price they're still different studies but there are companies that will cut you a break if you do three or four of them at the same time in the same general area since they only need to send an engineer out once etc.

I know that core solutions group that I use is been willing to do that for people. 

Happy to send you more information about core if you need it. Just send me a DM and I will be happy to discuss further

Also I just noticed that this is an old thread I still stand by what I said