All Forum Posts by: Tal Simpson

@Robert Gilstrap I'm curious to know if you ended up using Renters Warehouse, and if so what has been your experience?

@Cliff C. East Lake has some areas I’d recommend, but like many of the investor-heavy areas in Bham, it’s a block to block situation. In East Lake, stay on the South East Lake side, and try to stay in the eastern part toward Ruffner. At about 77th St South and northeast towards Roebuck Springs you will start to see a noticeable change for the better.

A little further north of East Lake is Roebuck, which is a better area but still modest enough to offer the occasional 50k or less house. Also on the north side, there are parts of Tarrant that are pretty decent.

In west Bham I would look at midfield and then some more discreet areas of west Bham like Belview Heights, Bush Hills, Central Park, and West End Manor.

Happy hunting!

 Hi Amy, just sent you a private message

Check out Guardian Water & Power, their smart (water) meters are in the $150/ea range (not including installation, but they'll arrange for that too) and do not require any involvement by the local water utility.  https://www.guardianwp.com/

 It worked the second time I tried it - probably user error on my part!  

 Not intending this as a jab or being a jerk, but if you find yourself asking the question "how do I make an offer," you probably aren't ready to buy a multifamily property.  Keep educating yourself first.

Hold it long enough to refinance based on a fully occupied worth of NOI and I bet you'll pull out more than the total cost and still have a cash flowing asset.

You will have marginally better luck with a working link

Generally bigger is better. More upside when you are able to add value and reposition the property.

 He clearly doesn't need Grant Cardone and clearly is crushing it on his own.  I don't need Grant Cardone either, and I'm not (yet) crushing it.  I think a lot of people forget that Grant Cardone is first and foremost a large multifamily real estate investor.  All the other sales/marketing/motivation stuff is to raise brand (i.e. the Cardone name) awareness and generate more income that he uses to buy apartments with.  His real estate podcasts and videos are extremely informative.  All his bragging and joking and over the top energy are just added entertainment, but if you study what he says about real estate it becomes clear that he is a very savvy RE investor.