Nashville Market Questions

[Brendan VanDalinda]

Hello everyone,

I'm a Marine Corps veteran looking to make my first foray into the world of Airbnb properties, specifically in Nashville this summer. While I've typically focused on single-family homes, my journey into real estate began with buying my first house using a VA loan and house hacking it, then acquiring additional properties from there. With around $100k in liquid funds at the moment, I'm eager to invest in the Nashville area.

Here are a few questions I have:

1. **Market Insight and Legislation:** I’m seeking guidance on understanding the Nashville market dynamics and navigating any pertinent Airbnb legislation. Is there anyone knowledgeable in these areas who could offer assistance?

2. **Property Management Recommendations:** Could anyone recommend reliable property management companies in the Nashville area? Do these companies typically handle tasks such as cleaning and furnishing, or would I need to arrange for those separately?

3. **Realtor Referrals:** Lastly, I'm in search of reputable realtors in the area who have experience working with investors like myself. Any recommendations would be greatly appreciated.

Thank you in advance for any and all replies! Your insights and advice are invaluable to me as I embark on this new venture.

Brendan VanDalinda

[Michael Smythe]

@Brendan VanDalinda

Be careful asking for investor-friendly agents!

+95% of agents only have experience dealing with owner-occupied transactions - which are mostly EMOTIONAL decision based.

You can ID these types of agents easily by asking them:

1) If they are RE investors themselves.
--Many will say yes, so ask them for proof! They should be able to send you an address of a rental they own.

2) If they plan on sharing a BP Calculator sheet for each and every property they send you.
--Many will state that's your job, but then what value are they truly offering as an "investor-friendly" agent?

The more questions and request for proof you ask, the better!