All Forum Posts by: John Williams

If you can buy with cash, I say go for it! You may be able to negotiate better terms on the purchase and you can always get a loan on it later!

Clarksville, TN is still a great place to invest. We have a great balance of cash flow and appreciation!

The rental rate still matters, especially if you plan to move out at some point and still retain the property. You will want to make sure it still makes sense as a regular long-term rental. I think every deal should be analyzed on a case-by-case basis though. Run the numbers "by-the-room" and as a long term rental and don't just count on the 1% rule. 

I've seen folks buy distressed multifamily property just because it was "distressed." This may be obvious to some..... but just because it is "distressed" does not mean it is a "deal." You still have to buy at the right price and have an exit strategy. 

Would you consider other markets? For example, Clarksville, TN (outside of Fort Campbell military base) could be a great option. Let me know if you'd like to connect!

A great leader in the real estate industry will have a compelling vision for the future of the local community, the courage to act to realize that vision, and the ability to galvanize others in support of that same vision. There are real estate leaders in my community that just pour into the growth and development of local businesses. They stand out because they choose to reinvest in the local community, rather than anywhere else - and they just keep going (even in the face of headwinds)!

What is a "vegan-friendly" building?

Yes, I have personally used my VA loan this way!

In my opinion, it is often easier to build capital by buying and holding mid/long term. For example, rather than fix and flip, you could use that money for a down payment on a regular rental property. In my market (Clarksville, TN), you can buy properties right off the MLS for a 5-15% discount and have built-in equity. Additionally, sellers are covering closing costs in many cases. You may be able to sell that same property in 12-24 months and cash out on the equity. I think you've got a better chance of building capital this way.

We'd love to help you out! We manage properties in Middle-TN from Clarksville to Nashville!

RentMyHomeClarksville.com