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Updated about 7 years ago on . Most recent reply
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Creating a Team for Middle TN
Hi Everyone,
Over the last few months I have been working hard to obtain my goal for 2018 which is to buy my first rental. I am originally from the UK, however I currently work in the Commercial Real Estate world here in Orange County, California but am looking to invest in residential SFH in middle TN. I see TN as a growing market, as well as considering a move there in the near future (Franklin, TN). I am open to other markets, however TN seems like the right choice for my current situation and seems like a great place to get the ball rolling.
I am now at the point where I am seeking Real Estate Agents, Lenders, and PM's so I can develop a solid team and begin my investing career. I have the cash required for a down payment on a SFH of around $100,000. I have performed a detailed analysis of a few properties and the numbers work pretty well for what I am trying to accomplish and for the ROI I am looking for.
I have utilized the "Search" function here on BiggerPockets as well as other means of research in hopes to find a solid team. If there are any investors on here that currently invest in the TN market or have recommendations for Agents, Lenders, and PM's I would love to hear from you. I am ready to begin my REI career and hope to obtain my first rental within the next few months!
Thank you for your time!
Most Popular Reply
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I'm using @Devan Mcclish property management company Olympus management. They are doing a good job and I would recommend them.
I can recommend quite a few lenders. It depends one what exactly you want to do with your $100k in cash. Buy cash and refinance? Put a downpayment of 20% and leverage 80?
- Luka Milicevic
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