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All Forum Posts by: Jennifer Slaughter

Jennifer Slaughter has started 29 posts and replied 232 times.

Post: Memphis in May Property Tour 201

Jennifer SlaughterPosted
  • Real Estate Agent
  • Fort Collins, CO
  • Posts 246
  • Votes 142

@James Wachob yes, looking forward to it!

Post: Novice high networth investor eager for feedback on strategies

Jennifer SlaughterPosted
  • Real Estate Agent
  • Fort Collins, CO
  • Posts 246
  • Votes 142

@James Wachob when I was there, I thought Midtown was a really interesting part of town.  I usually think of Memphis as an opportunity for cash flow but with the obvious gentrification happening in Midtown I think there could be potential for appreciation as well, whether with a new build or flip.  But that is just me speculating. 

Memphis is interesting, it's an inland port with distribution centers so there is a large transient population of workers who are looking to rent which probably accounts for the high rents compared to the low cost of entry.  As an investor I want my properties in an area with a diverse strong job economy and population growth so I would stick close to FedEx or St. Judes.

Post: Newbie looking to B&H Multifamily property

Jennifer SlaughterPosted
  • Real Estate Agent
  • Fort Collins, CO
  • Posts 246
  • Votes 142

Hey @Tyler Gibson and welcome.  I am glad we started investing when my husband was still in the USN, we had had the idea for some time and I'm glad we pulled the trigger when we did.  We are in the civilian world now without the security net of the military and I'm glad we are adding to our portfolio because civilian jobs don't seem secure as a military contract.  Anyways, we invest in Memphis and I've seen MF properties listed with our turnkey partners there. 

It can be done, depending on what kind of property you are looking at.  Get comfortable analyzing properties and making sure the numbers make sense according to your criteria.  I would make sure to do due diligence on any property you look at to make sure it isn't in a war zone where variables may eat away potential cash flow.

Post: Novice high networth investor eager for feedback on strategies

Jennifer SlaughterPosted
  • Real Estate Agent
  • Fort Collins, CO
  • Posts 246
  • Votes 142

Hi @Abby Li and welcome to BP. I appreciate how straight forward you are and it seems like you have done quite a bit of research to develop a plan. We were in a similar position not too long ago with goals to be less dependent on w2 income. We interviewed several turnkey providers and I've heard great things about the ones you mentioned. We ended up investing with a turnkey provider in Memphis that has a little more flexibility than what we had seen from other providers. We started with a BRRRR because we were a little more risk tolerant and we were comfortable enough taking on the risk after doing our due diligence. We are doing more deals with the same team in Memphis and are going out there for a teaching event for Memphis in May. I know you're getting a lot of good feedback, feel free to reach out if you want more info.

Post: BP, help me pick a city for Buy and Hold!

Jennifer SlaughterPosted
  • Real Estate Agent
  • Fort Collins, CO
  • Posts 246
  • Votes 142

We are cash flowing in Memphis and I agree with what other people are saying--being out of state, having a savvy team with boots on the ground is invaluable.

Post: Fort Collins valuable CPA team member

Jennifer SlaughterPosted
  • Real Estate Agent
  • Fort Collins, CO
  • Posts 246
  • Votes 142

@Matt M. please send me his info

@Bryan O. thanks!

Post: Fort Collins valuable CPA team member

Jennifer SlaughterPosted
  • Real Estate Agent
  • Fort Collins, CO
  • Posts 246
  • Votes 142

@Shaun Armon and 

@Account Closed

Thanks for your input! Right now we have a small SFR portfolio but our greatest interest is having a cpa that can tax shelter capital gains from flipping.

Post: Out of State Investing

Jennifer SlaughterPosted
  • Real Estate Agent
  • Fort Collins, CO
  • Posts 246
  • Votes 142

@Account Closed, sorry I didn't see this sooner but just to review a doc is about $100, the cost of peace of mind. 

Post: Any turnkey providers helping with BRRR Strategy?

Jennifer SlaughterPosted
  • Real Estate Agent
  • Fort Collins, CO
  • Posts 246
  • Votes 142

@James Denon, do you want to invest with a turnkey provider and make money from appreciation or cash flow? Historically, real estate appreciation is greater than inflation but I understand your concern with certain markets that are slow to recover from downturns. When we were researching turnkey providers, our desire was to profit from cash flow since the high appreciating market we lived in was driving up prices which made it much harder to find good deals. If you want both appreciation and cash flow, I would go with a turnkey provider who has the flexibility to do a BRRRR. In a market where the cost of entry is low AND you get the forced appreciation from the rehab, you can get great returns. We have worked with @James Wachob and @Scott King in Memphis and we first got into the market by doing a BRRR- and now we are at the last "R"- Repeat, Repeat, Repeat.

Post: Fort Collins valuable CPA team member

Jennifer SlaughterPosted
  • Real Estate Agent
  • Fort Collins, CO
  • Posts 246
  • Votes 142

Does anyone have a recommendation for a great real estate investing knowledgeable CPA/tax strategist in Fort Collins or northern Colorado? I would also appreciate a recommendation for an attorney in the same area. Thanks in advance!