All Forum Posts by: Todd Strong

I'm currently looking into section 8. Do you look into the county to see how many vouchers they have available? 

How do you know that a county accepts Section 8 rentals.  Tried calling but very hard to get ahold of a person to discuss.

Any tips are apprecited!

Could I send it to you through email?

Here is the deal analysis. Forgive me for my lack of knowledge but would like some feedback about the deal and whether it makes sense or not. The property is about an hour away from my current residence. It will need some work to divert water flow from the crawl space but otherwise is in solid condtion via the home inspection. Needs a vapor barrier as well. Thanks

https://drive.google.com/file/...

Thank you both for the guidance. I will definitely utilize this information. I have currently bought my first rental property and looking at purchasing a duplex through an FHA loan. On the podcasts, I know they look at the 1-2% rule when buying a property. In my current area, the market is extremely hot and finding deals that meet this criteria is difficult. With this market being so hot, what are your suggestions for paying higher for a growing city?

Investment Info:

Single-family residence buy & hold investment in Cookeville.

Purchase price: $119,900
Cash invested: $20,000

This is my first investment property. I decided the best way to learn was to dive in. It has been an interesting learning process and has shown me just how complex investing can be. I wish I would have learned about BiggerPockets earlier before I purchased the deal but now I just hope I can continue to grow.

What made you interested in investing in this type of deal?

This was my first deal. It has been a great experience in driving me to learn more about real estate.

How did you find this deal and how did you negotiate it?

Real estate agent

How did you finance this deal?

In-house loan

Investment Info:

Single-family residence buy & hold investment in Cookeville.

Purchase price: $119,900
Cash invested: $20,000

What made you interested in investing in this type of deal?

This was my first deal. It has been a great experience in driving me to learn more about real estate.

Hello everyone,

I would like to introduce myself to the bigger pockets community. The podcast has been such a great resource in expediting my learning about real estate. I'm a first time investor just looking to learn the ropes. I'm interested in learning about how to evaluate deals in multi-family homes. Currently, I live in TN and the city I live in is growing rapidly. This has been making it difficult to find a good deal especially since I just graduated last year. If anyone has any advice about assessing markets or deals it is greatly appreciated. Lastly, I know this is during the Corona Virus pandemic but I figured what better to do than to learn! Thanks