All Forum Posts by: Taz Zettergren

@Matt Salem welcome to the forums. If the price point is feasible I'd advise to do your first flip locally that way you can build systems and processes and gain the experience of doing a flip while being able to monitor close by. Going out of state might be riskier if you don't have the teams in place, but there are several investor friendly agents who could assist you. Best of luck on the journey, let us know how your first deal goes! 

@Detrick Bell welcome to the forums and congrats on the first post! Are you looking for passive investments that are fully renovated or will you be adding value through renovations you are doing? Really depends on the route you are taking as to market I'd suggest. If you are getting your hands dirty I'd say stay local because your appreciation will be better long term but if you want the passive route there are several markets east of you and maybe north. Memphis, Little Rock, OKC or Tulsa would be great markets. Feel free to reach out if you have any questions, would be happy to share my experience and two cents. Best of luck on the journey! 

Thank you all for the references

@Kathy Diamond I'm not sure how to find that info but I know Memphis has ample of opportunities that meet the 1% rule

@Jake Posner welcome to the forums! Memphis is a great place for cash flowing properties, the price points are very favorable as well as the landlord laws. There are several turnkey providers in town or investor friendly agents like myself. Feel free to reach out if any questions arise. Best of luck on the investment journey! 

lol or @James Wise! I'm still new to the platform so learning everybody as I go. Just looked you up and that first video on the youtube channel is great literally laughing out loud still! Love the sense of humor

Does anyone have any experience or recommendations for non recourse lenders that will cross collateralize loans for properties in a retirement account? I have several clients that have a lot of equity in homes they purchased 8+ years ago but can't find a lender that offers the product. 
 

@Stacy McGee I would tape or leave a rednote on the front door. Something like pay now or communicate with your property manager or we will be evicting. Not that verbatim but something along those lines. The goal is to set a standard without having to go to court but if you have to do that it is what it is. Of course late payers aren't ideal but that's why they're renters and not owners, it's going to happen in the business but if there's no communication then that's concerning. If no communication is made by the 15th I'd get an attorney to file to evict. 

Welcome to the forums @Andy Wu and congrats on the first post! Memphis is a great market to BRRR and I've heard good things about Ohio although I have no experience there. Feel free to reach out if any questions arise I'd be happy to help. Best of luck on the journey!

@Natan Lieber Like others have mentioned it's all about the team you have in place. There are several turnkey providers in town who can handle the process for you from top to bottom but you will give up some of the equity for the ease/reduced risk of the transaction. This is a great route for investors who don't have the time or want to spend the effort sourcing deals.

Like we have discussed an investor friendly agent is one who has experience investing personally but also has referrals for contractors and property management for you on the back end making it a very seamless investment as well. Memphis is a great market with unlimited opportunities! Best of luck on the journey