All Forum Posts by: Marco Morkous

Business owners. Who bought an existing business vs starting their own and did it turn out to be a good idea? Also, did you use a business broker?

Looking for a rental but markets are so hot. Especially the lower price point markets. Louisville, Memphis, Birmingham, etc.

any ideas about a best kept secret? Low price point, high cash flow, little competition?

What’s y’all’s take on using a wholesalers contract Psa

Vs a regular one used by agents with all legal info on it, parcel ID etc

@Joshua Haynes thanks Joshua. Mind sharing the sheets you use for analysis?

@David A. So I take you don’t mess with single family

Second property under contract yet I still

Have the same fear. I figure that’s probably normal. The cash flow is there based on my calculations but it would help to get y’all’s thoughts too who have owned multiple properties.

Purchase Price 49k

Property vacant but in need of no major repairs maybe 1500 worth

Built 1956

3 bed 1 bath 970 sq ft

rent range 725-775

C+ class area

Thoughts?

@Rachel Underwood thanks

I’m wanting to buy properties but have decided to go with 1960 or newer properties. I had a bad experience with my first property due to maintenance issues. The property was 1910 built. What is you guys take on buyer older investment rental properties? Will the maintenance associated eat up all the cash flow?

@Nicholas Armstrong are you an agent?

MONTGOMERY Realtors please read carefully. I am a realtor myself in Tennessee. I am looking for someone to represent me in MONTGOMERY Alabama and the surrounding market for brrrrs and buy and holds. Must be very responsive. I live in Nashville so be willing to check out properties via video chat for me. Be willing to put in the work, knowledgeable, have a strong network of title, contractors, handymen, lenders, insurance etc. most importantly know about investing! You must own your own properties and know the ins and outs. If this is you or someone you can strongly vouch for please drop your info and a short intro in my PM. Thanks