All Forum Posts by: Nick Zasowski

Hello, I was wondering if anyone had any strategies they could share that helped you sell multi-unit in a small market. 

I'm currently trying to sell a triplex in Chattanooga and am realizing that a triplex is not as common as I might've thought to a traditional buyer. Any advice on ways to think about selling the property that might help in the process?

Thank you!

Nick

@Marvell Dart I looked into Turkey Companies for a bit and came across a lot of recommendations in Memphis that might be worth checking out. I was referred to and hope these help you too:

- Turnkey Invest Properties

- Memphis Invest Properties

- MemphisCashflow.com

- reination.com

Hey @Adam Kirk, I know this post is older. I just started investing in Chattanooga this summer and have really loved the team I'm working with so far. I'm from out of town as well so if you are still looking to network in Chattanooga, let me know and I'd be more than happy to pass along additional introductions.

Hey @Jimmy Silcox, Just going through some old Chattanooga threads after I recently started investing in Chattanooga myself this summer. I found a great team so if you are still interested in networking with realtors, wholesalers, lenders or property managers let me know.

Hi All, 

I read a bunch of different forum posts on the different approaches, but was curious if anyone had the tactical (step by step) process for this question. 

1. What is the step-by-step process to transition an existing triplex from being owned personally into an LLC?

2. Moving forward, how do I set myself up so that I do not need to do this moving forward, but can buy every future property under an LLC?

- Do I need to/should I work with an attorney and/or CPA?

I feel like I'm making this harder than it needs to be, so I was curious if any one had a K.I.S.S. (Keep it simple stupid) process for how they work through question 1 and question 2 step by step?

Thank you in advance for anyone willing to share how they approach these instances.

Nick Zasowski

@Graham Watts I was about to post the same question and am in a similar boat as you. Did you find a property management company you like? Thanks

Hey Everyone, 

I'm new to the REI game (just got my first offer accepted on a tri-plex!) and curious what metric you think is most important when analyzing investment properties? I listen to @Brandon Turner webinars and podcasts all the time and ran my first analysis on buying something over 8% CoC per his recommendation. I was curious if there were any numbers to focus on that make or break a decision for you and why? Someone mentioned to me their big focus was NOI so thought there might be a few other theories out there to learn about while analyzing future properties.

Thanks in advance for any feedback here.

Nick Z

Super helpful and some new things to be thinking through, thank you @Mindy Jensen! 

Hello! This is my first post in the BP Forum. I'm looking to make an offer on a home here in Denver. With the prices on single-family homes at outrageous levels I wanted to hear some advice from the community. I read @Mindy Jensen recent article in Yahoo commenting on NEVER buy weird. The home I'm looking at I'm concerned if it constitutes as a never buy or just an odd floor plan.

My question is what should I be looking for that constitutes as weird, so that I don't shoot myself in the foot? (Example: Is it an odd floor plan and weird rooms, or is it just poor work on the house?) Last thing I want to do is buy a property that won't have great resale/rental value.

Thank you!