All Forum Posts by: Maureen McCann

Hi @Nick Maugeri, congrats on your first OOS investment!! You now have some great experience to give many BP newbies who are looking to do OOS investing. Thanks for sharing!

Best wishes!!

Hi @Charles Bruce, welcome to BiggerPockets!! That all depends on the way you're looking to invest. Do you have an idea of how you would like to invest (BRRR, turnkey, etc.)?

Hi @Tracey Leung! This is a great question!! I know some turnkey investors may not take the trip to see the city, the neighborhood, or the turnkey provider. However, I recommend that folks take the time to visit their top one or two companies before pulling the trigger. Any decent turnkey company should be ready to give a tour, or even have scheduled ongoing tours. This tour can include a tour of the area and a few properties. They should be able and ready to show you some props, take you around town, answer questions, shake your hand. If the turnkey company can’t accommodate a tour, move on.

Best wishes!!

Welcome to BP @Winston Covington, thank you for your service!! Huntsville is an awesome market to invest in, I'm pretty sure you already knew that. :)

Are you looking to invest in turnkey, BRRR, etc.?

Best wishes!!

Welcome to BiggerPockets @Roi Azoulay!! Your 10 years of real estate expertise will come in handy for new investors. Take advantage of all of the resources BP has to offer!

Best wishes!!

Hi @Stacy Siska, I am not experienced with Hipster Investments of Roofstock, but I wanted to give you a little information about full-service turnkey. The turnkey option means that you don’t need to do any of the rehabbing the full service turnkey company does all of the work on their time and dime. The turnkey company has networks and systems in place to find the best properties and rehab to a high standard and quality. This also means that you won’t have to worry about vacancy risk during the rehab process.

Closing happens after the rehab is finished and inspections are passed, this means that you
won’t have any risk during the rehab stage. The turnkey company benefits from the spread
between what they put into the property and the market price they sell to you.

Your returns will come from cash flow each month and, presumably, long-term appreciation, this is not guaranteed. Going with the turnkey option means that you’ve traded extra potential return from forced appreciation for the luxury of having your time and energy back and having someone else do
the hard work for you!

I hope this helps you a bit with your choice of turnkey companies!

Best of luck!!

They are inexpensive, that's why a lot of investors choose Huntsville and Birmingham. Not only are the prices low, with companies like Amazon, Toyota, and Mazda planning to build in Alabama, the increase in employment opportunities is immense. The vast amount of employment opportunities in Birmingham is another indicator that Alabama’s economic state is very bright!! 

Hi @Ryan L., I'm so happy to see that BP has helped you so much! You and your wife are a great example of what you can achieve if you use all of the resources at your fingertips! Congratulations on your current success and your future success. Thank you for sharing your story, as well!!

Best wishes!!

You go girl @Valerie Winrow!! This is your first of many real estate investments, as you said, I wish you luck on getting to 10 units in 2020! It's great that you learned a lesson from your first investment, it means that you can give others advice about your challenges. 

Best wishes!

Congratulations @Aditya Soma!! This is so awesome!! This is the first of many real estate investments to come!! Keep up the good work!

Thanks for sharing! :)