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All Forum Posts by: Nick Gann

Nick Gann has started 7 posts and replied 192 times.

Post: First Deal Complete and WOW

Nick GannPosted
  • Real Estate Agent
  • Murfreesboro, TN
  • Posts 194
  • Votes 181

@Donald Thomas

Welcome the big small leagues! You'll be addicted soon enough!

Post: Alcoholic Tenant Calling Police, Blessed Lawyer, and Devil on me

Nick GannPosted
  • Real Estate Agent
  • Murfreesboro, TN
  • Posts 194
  • Votes 181

@Remington Lyman

Good. God. Man. That's the weirdest thing I've ever seen. I'm unsure of the best method to deal with this person. Just wanted to reassure you he's out of his mind.

Post: Lease your strip center to a head shop

Nick GannPosted
  • Real Estate Agent
  • Murfreesboro, TN
  • Posts 194
  • Votes 181

@Quang L.

Do you like money? If so, then yeah.

Its a good business, and generally smart folks run them. Make friends and moneh at same time!

Post: Bought a Golf Course Lot; How to Partner with a Builder?

Nick GannPosted
  • Real Estate Agent
  • Murfreesboro, TN
  • Posts 194
  • Votes 181

@Nicholas Smith

What'd be funny is if you developed a kids playground right in the middle of thw neighborhood.

Otherwise, yeah, hire your own builder!

Post: What do you do when there is a pimp next to your STR?

Nick GannPosted
  • Real Estate Agent
  • Murfreesboro, TN
  • Posts 194
  • Votes 181

@Paul Sandhu

Upsell male guests on amenities!

Post: HELOC on Investment properties & Primary in One Pool

Nick GannPosted
  • Real Estate Agent
  • Murfreesboro, TN
  • Posts 194
  • Votes 181

@Nathaniel Larrea

If it's even possible, you're going to have to find a local portfolio lender to get 100%. I know of noone that would do that, it exposes the bank far too much, and you for that matter.

Post: How to Determine potential ARV

Nick GannPosted
  • Real Estate Agent
  • Murfreesboro, TN
  • Posts 194
  • Votes 181

@Pete Abilla

As others have said you need comps. Unless there is some massive issue with the home, that 599k house is not the same kind of house as the 159k. When viewing comps you need to make sure your houses are comparable... meaning similar layouts and styles.

Post: 7 Unit Multi family as first investment property

Nick GannPosted
  • Real Estate Agent
  • Murfreesboro, TN
  • Posts 194
  • Votes 181

@Jonathan Greene

I agree with Johnathan on most points. With one caveat I dont tend to view it as 7x times the problems. It seems to be to be 6x easier as the liability split is better. Spreading out the load but under one roof is a solid idea.

As for whether or not its a solid idea for your first property, there's so much to ask before anyone could know. I say jump in and get going, but that's how I am... maybe your personality would better suited to a SFH.

Post: Profile reset, help?

Nick GannPosted
  • Real Estate Agent
  • Murfreesboro, TN
  • Posts 194
  • Votes 181

I have setup my profile several times and each time when viewing from the app it shows no details and essentially treats my profile as though I just signed up... what gives?

Post: Crash? Crash?! CRASH!

Nick GannPosted
  • Real Estate Agent
  • Murfreesboro, TN
  • Posts 194
  • Votes 181

@Jesse Stahl

Now that's what Warren Buffet would say!