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All Forum Posts by: Manish A.

Manish A. has started 6 posts and replied 55 times.

Post: Turnkey providers in Jacksonville, FL

Manish A.Posted
  • Cupertino, CA
  • Posts 59
  • Votes 22

@Jeffrey Wardlow - What's the revenue of the companies that you are talking about? Is it in few millions?
How many turnkey properties they sell in a year? Is it few hundreds?

If you look at Memphis market - there are few large turnkey providers, but I don't see the same in Jacksonville #NoCompetition

Post: Turnkey providers in Jacksonville, FL

Manish A.Posted
  • Cupertino, CA
  • Posts 59
  • Votes 22

Hello BP Members,

I am wondering if Jacksonville, FL market is that hot then why there is no other large turnkey provider besides JWB there?

I understand they have a reputation and are a trustworthy provider, but their model doesn't work for an investor in the current market conditions considering the following -

  1. ARV is too high and selling the property above market #NoEquity
  2. Neighborhoods are at most C/D
  3. Property Management Fee - 10% #High
  4. Low Net Cash Flow - $100 (+/-)

How is it working for others? Am I missing something?

~Manish

Post: Portland Strategy

Manish A.Posted
  • Cupertino, CA
  • Posts 59
  • Votes 22

@Jay Hinrichs & @Neal Collins - thanks for your response!
Let me PM you to get more details on the duplexes.

Post: Portland Strategy

Manish A.Posted
  • Cupertino, CA
  • Posts 59
  • Votes 22
Jay Hinrichs & Neal Collins - I like Portland market. Any advice how to buy investment properties that Cashflow remotely?

Post: Investor friendly Realtor in The Woodlands & Spring, TX

Manish A.Posted
  • Cupertino, CA
  • Posts 59
  • Votes 22

Hello BP Family,

I am looking for an Investor Friendly Realtor in The Woodlands & Spring, TX area.

Please let me know if you have worked with someone whom you trust and highly recommend.

I would really appreciate your help!

Thanks,
Mani

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