All Forum Posts by: Taz Zettergren

@Paul Lynch I've got a reference, just dm'd you

@Hayden Thomas welcome to the forums and congrats on the first post! Tough one to answer because not all investments or investors are equal so what some will find is a deal others won't. I'd be happy to give you my opinion on it though! 

@Phil Petite congrats on getting back in the game! Memphis is a great place to do it 

@Christian D Llanos welcome to the forms and congratulations on the first post! You are well ahead of the game starting early and I commend you for that. There's not much you can do until you are pre qualified and able to move forward on a house so I'd prep the playing field by conversing with an agent to find the parts of town that would be a good fit for you and start searching online in the meantime. Like Bruce said I'd rent month-month and find the right place once you get over here.

Ideally some kind of plex would be a great fit whether it's a duplex, triplex or quadplex that way you have your own living corridors and don't have to fight the roommate battles.

Best of luck on the journey!  

@Jenny Zhang You're looking in the right spot! DFW is a great market that's going to continue to grow at a quicker pace than most others because the amount of jobs and people that are moving to the metroplex. Like many others have already mentioned it's challenging to cash flow but can be done. Some of these larger turnkey companies have done forward commitments and can offer you 5.5% rates with 30% down and that definitely helps things pencil. 

I have a few references for you, will send a DM. Best of luck investing! 

@Avery Lauber welcome to Bigger Pockets and congrats on the first post! There's no better way to start out than getting a buy and hold in the market that you're local to. I've heard nothing but great things about Greenville, from my understanding there's quite a bit of appreciation there. I would advise contacting a realtor in your area to better understand the do's and don't in the area.

 If you are ever interested in a lower price point Memphis, TN is a great place to look. Best of luck investing! 

@Mike Sheard welcome to Bigger Pockets, you will find tons of references on here so you're in the right place. I'm an agent here in Memphis, TN and work with several hundred clients who are mostly out of state investors. I have partnered with REI Nation who is a turnkey provider here in the southern/middle part of the country. Memphis, TN and OK are markets that we cover so I'd be happy to assist whether it be here in TN or referring you to someone in OK. REI is currently managing over 7,600 single family homes here in the southern/middle part of the country so there's a ton of experience you can leverage here.

Best of luck investing! Let us know how the journey goes

@Taylor Petersen welcome to the forums and congrats on the first post! @Liam Naughton hit the nail on the head. If you're leveraging the purchases I would advise getting into the nicer areas which will be more expensive. You do give up some of that cash flow but the appreciation is better and typically the experience is as well since you're dealing with a more desirable resident. You might not be able to hit the 1% rule precisely but in these areas they tend to be safer investments that are more consistent over time. I have a few connections with realtors and property management companies in Oklahoma so feel free to reach out if you'd like me to intro them to you. 

Best of luck investing! Let us know how the journey goes. 

@Mat Piche Congratulations on all the success! I work with around 800 clients who buy and hold properties here in the southern middle part of the country. I specialize in Memphis but have access to other opportunities in Little Rock, DFW and some in the Houston metroplex. 

Would be happy to discuss in further detail, feel free to reach out if I can be of any assistance. Best of luck investing! 

@Zach Lemaster Looks like I touched a nerve when that wasn't my intention. @Daniel Curtin did not just ask about the experience of working with RTR but also "...Or, even if you haven't used it, what concerns do some of you more experienced investors have?" You and I don't know each other and while I am relatively new to being active on BiggerPockets, I've been in the industry for almost 10 years. I am an investor myself and have renovated roughly 300 properties for REI Nation, worked for the management company speaking with residents, spent a short time on the customer service side of the business working with existing clients and their portfolios after purchase and to this point have spoken to close to 6,000 interested investors answering questions about Turnkey real estate in general and REI Nation specifically. Today, I work with over 800 clients assisting them with building out or diversifying their portfolios.

So, I am lucky enough to talk to a lot of investors and have a lot of varied experience under my belt. I wasn't trying to attract business, but answer the man's question. Our owner Chris Clothier has been encouraging me for years to get on BP and share my experience and knowledge and I recently took him up on it. I did exactly what I thought he would do. I answered the question based on what I know and did it without disparaging or talking negatively. I even pointed out that in the service business you will always hear both positives and negatives.

Either way, I hate that you were so offended as that was not my intention. I'm not a fan of the referral industry and you are right about being biased. I've learned enough from Chris to know there are real differences between referral companies and actual Turnkey companies. However, I've also learned from him that he respects you and the business you've built and its clear that you want to jump in and take care of your clients. No malice intended. Outside of that, I stand by the statement that if I ever hear a negative, it's almost always what I stated above.