Buying SFH's and Portfolios

[Antonio Corrales]

Looking for agents, brokers, loan officers, etc. to send me off market SFH's or portfolios. I'm a real estate investor looking to pick up anywhere from a few homes to 50-100 plus at a time with a portfolio. My preferred area is St. Louis but will consider other landlord friendly areas. Buy box is 2+ beds and as turnkey as possible.

[Aristotle Kumpis]

Hi Antonio. We have lots of properties in various parts of Indiana. The property management has been there for 15 years and are great. We also have package deals in Cleveland as well. Send me a message if you want to discuss. Happy to help.

[Drew Sygit]

@Antonio Corrales not much of a Buybox description.

What ROI, Cash-on-Cash, etc numbers are you looking for?

[James Wise]

Quote from @Antonio Corrales:

Looking for agents, brokers, loan officers, etc. to send me off market SFH's or portfolios. I'm a real estate investor looking to pick up anywhere from a few homes to 50-100 plus at a time with a portfolio. My preferred area is St. Louis but will consider other landlord friendly areas. Buy box is 2+ beds and as turnkey as possible.

HoltonWise specializes in helping investors do deals in landlord friendly markets. CLICK HERE to talk to a member of our team.

[Kerry Noble Jr]

Are you open to Central IN?

[Adam Thornton]

Hi Antonio - 

Happy to connect, as I can provide some great exposure to the Memphis, TN and Little Rock, AR markets. My group specializes in turnkey SFR and buys/rehabs around 20-25 properties per month. We also have a management company that can manage the assets on the back end at anywhere from 7%-9% of gross depending on the number of doors you plan to acquire. Currently sitting on around 40 SFR's with another 35 or so currently being renovated, and offering seller finacning of 5.99% with 20% down for 5 years on all of our inventory. Let me know if this is of interest.

Thanks,

Adam

[Todd Anderson]

Antonio, Take your time and look around at areas.  There are a number of choices even on this thread.  If you are looking to build a portfolios and are looking to have the properties managed then you can really choose from anywhere in the country.

When I talk with investors looking at following this type of strategy, they look for areas that the growth is obvious.  This way they get the best chance for appreciation.  We focus on markets that the new construction is solid and the population has a strong track record of growth.  Many of the markets I recommend, that we have off market inventory in, are in the top growing areas in the country. 

With that part said, then look to have cashflow in this volatile market.  Buying a property that cashflows day one is important when the market direction is unclear.  This will give you the ability to weather and bumps along the way.  The investors I work with also look to New Construction because then they can minimize any surprises that may come along.  

With that said, then find a market that is and will be landlord friendly.  Look to areas that the laws are changing in the right direction.  

Let me know if you would like to connect and chat about what we can offer investors.