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All Forum Posts by: John Williams

John Williams has started 63 posts and replied 393 times.

Post: Long Distance BRRRR Advice

John Williams
Posted
  • Property Manager
  • Clarksville, TN
  • Posts 437
  • Votes 208
Quote from @Quentin Jivery:
Quote from @John Williams:
Quote from @Zach Wagner:

Hey there everyone! I'm a newbie to real estate investing and I have been stuck in analysis paralysis. I've been trying to gain as much knowledge as I can before pulling the trigger on a property. I live in CA and I'm looking to invest out of state. I was wondering if anyone knows of good cities to BRRRR in this current market. I'm looking for properties in the B or C class neighborhoods. Primarily single family homes (all in purchase + rehab around $100k). My main focus is cash flow but I would love for the property to appreciate over time as well. Thanks in advance, any advice or insight helps.


 Make sure you check out Clarksville, TN (where cash flow meets appreciation!) We've got a very attractive market, particularly for out of state investors

I’m interested in Clarksville I have a friend who is a lender for ho lives close by, what can you tell me about it. 

 I'll shoot you a message so we can set up a call!

Post: Florida rentals (out of state investor)

John Williams
Posted
  • Property Manager
  • Clarksville, TN
  • Posts 437
  • Votes 208

Make sure you check out Clarksville, TN (where cash flow meets appreciation!). I've got a team in place to assist out of state investors like yourself get started with a portfolio. We are a full-service, "A to Z" real estate brokerage and property management company that caters to out of state investors. 

Cheers!

Post: Long Distance BRRRR Advice

John Williams
Posted
  • Property Manager
  • Clarksville, TN
  • Posts 437
  • Votes 208
Quote from @Zach Wagner:

Hey there everyone! I'm a newbie to real estate investing and I have been stuck in analysis paralysis. I've been trying to gain as much knowledge as I can before pulling the trigger on a property. I live in CA and I'm looking to invest out of state. I was wondering if anyone knows of good cities to BRRRR in this current market. I'm looking for properties in the B or C class neighborhoods. Primarily single family homes (all in purchase + rehab around $100k). My main focus is cash flow but I would love for the property to appreciate over time as well. Thanks in advance, any advice or insight helps.


 Make sure you check out Clarksville, TN (where cash flow meets appreciation!) We've got a very attractive market, particularly for out of state investors

Post: California Vs Out of State (really, but why?)

John Williams
Posted
  • Property Manager
  • Clarksville, TN
  • Posts 437
  • Votes 208

Appreciation is always a gamble - the past will not necessarily look like the future (especially in California). If you can still find cash flow, that is a different story. However, if you are betting on appreciation alone, you should be able to service the debt/expenses in some capacity just in case your assets don't appreciate as fast as you'd like. 

In my market, you can leverage $1,000,000 and pick up 15-20 solid homes that produce decent cash flow and appreciation!

Post: Is SoCal just bad to invest for cashflow over all?

John Williams
Posted
  • Property Manager
  • Clarksville, TN
  • Posts 437
  • Votes 208
Quote from @Xiao Xiong:
Quote from @John Williams:
Quote from @Xiao Xiong:

I just started to learn about the BRRR, had an investment property in SoCal sold it. As I learn more and more, looking to start building cashflow portfolio.

The more research i do the more it suggested that California does not suit for our investment strategy of generating cashflow.  I know I'm new to this, am i doing my math wrong? 

As much as i would like to build portfolio locally, with understanding of it all come down to whether the number make sense, i am starting doing my research out of the state.  Would be great if some of you with more experience can share some thoughts!

I am also looking for recommendation of CPA to work with that understand the real estate investing.


 There are many folks facing that same challenge! My company has seen a lot of demand from out of state investors who are in a similar boat. Out of state investors love Clarksville, TN because we have a great balance of cash flow and appreciation. We offer a great alternative to investors from those higher-priced markets. 

If you have a great team in place, investing outside of your own back yard isn't all that different. Being able to see/drive to you property is basically just a mental hurdle you should try to overcome. In fact, some folks would be better off if they didn't have the ability to drive to their property every weekend! Life is all about leverage - "who" not "how." Who can you leverage to help you achieve your investing goals?

David Greene's book on Long-Distance Real Estate Investing is also great resource!

Cheers!
 


 Thanks John!  Will definately look gor options on long D investing.  I feel like with the current market is hard to find something CF already, plus the management fees almost killed every senario im calculating ...


 Let me know if my team will be able to assist!

Post: Is SoCal just bad to invest for cashflow over all?

John Williams
Posted
  • Property Manager
  • Clarksville, TN
  • Posts 437
  • Votes 208
Quote from @Xiao Xiong:

I just started to learn about the BRRR, had an investment property in SoCal sold it. As I learn more and more, looking to start building cashflow portfolio.

The more research i do the more it suggested that California does not suit for our investment strategy of generating cashflow.  I know I'm new to this, am i doing my math wrong? 

As much as i would like to build portfolio locally, with understanding of it all come down to whether the number make sense, i am starting doing my research out of the state.  Would be great if some of you with more experience can share some thoughts!

I am also looking for recommendation of CPA to work with that understand the real estate investing.


 There are many folks facing that same challenge! My company has seen a lot of demand from out of state investors who are in a similar boat. Out of state investors love Clarksville, TN because we have a great balance of cash flow and appreciation. We offer a great alternative to investors from those higher-priced markets. 

If you have a great team in place, investing outside of your own back yard isn't all that different. Being able to see/drive to you property is basically just a mental hurdle you should try to overcome. In fact, some folks would be better off if they didn't have the ability to drive to their property every weekend! Life is all about leverage - "who" not "how." Who can you leverage to help you achieve your investing goals?

David Greene's book on Long-Distance Real Estate Investing is also great resource!

Cheers!
 

Post: Lending For Out Of State Investing

John Williams
Posted
  • Property Manager
  • Clarksville, TN
  • Posts 437
  • Votes 208
Quote from @Michael Bryant:

When trying to find a lender for out of state investing, should you apply to banks/credit unions in the state you are investing or where you live? 


 I've had luck connecting with local folks in the market where the property is located. It isn't mandatory but those local banks/credit unions often have the best customer service, can be a little bit flexible, and are more willing to work with you!

Post: First time home buyer

John Williams
Posted
  • Property Manager
  • Clarksville, TN
  • Posts 437
  • Votes 208
Quote from @Jerell Edmonds:

Hello Everyone! Im a newbie looking to get into the world of real estate investing. I currently live in RI. The house prices seem a little too high for my comfortability to begin I mean I don't mind because I know how LTR work for multi family. But my question is I've been doing some research out of state an Ohio seems like a decent area. Im looking in the Toledo & Cleveland for MF. I do have another partner involved with the goal of building an amazing portfolio of multi family for LTR or even SFH with LTR . We want to build a passive income so we can leave our w2. We're looking to scale quickly we do have a decent amount of funds saved up. We also have maybe 80k in available lines of credit I know thats not the best way but that's in reserves for us . Cash flow isn't the most important thing at the moment for us but ofc its a plus its more about getting started and building we both understand money will come. Would investing out of state be the best way to start or to jump into in your home town? Any advice would be greatly appreciated.


 Looking outside of your own back yard is a great way to get started. Many investors from some of the more expensive markets have been trending in this direction. My company has seen a lot of demand from out of state investors recently. We are located in Clarksville, TN (where cash flow meets appreciation) and we have a really resilient and stable/consistent market. Let me know if you'd like to connect!

Cheers!

Post: Out of state investing

John Williams
Posted
  • Property Manager
  • Clarksville, TN
  • Posts 437
  • Votes 208
Quote from @Darius Nunez:

Where is your favorite cashflow market located and why?

Is it the team you created? The number of SMF properties available? Less competitive? 2% rule is found in abundance? Etc


Many out of state folks are eyeballing Clarksville, TN right now. My company is seeing a lot of demand from investors looking for a resilient, stable, and consistently performing market. We have an excellent balance of cash flow and appreciation and that is one the many great reasons why investors love Clarksville!

Cheers!

Post: California investment strategy

John Williams
Posted
  • Property Manager
  • Clarksville, TN
  • Posts 437
  • Votes 208

Many folks in more expensive markets like California are looking out of state. In my market, for example, there are still opportunities for cash flow and appreciation in traditional buy & hold properties!