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Knoxville Real Estate Forum
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Updated almost 3 years ago on . Most recent reply

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7
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Andy Yong
13
Votes |
7
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Moving to Knoxville TN!

Andy Yong
Posted

Hello!

After a few years of sitting on my butt, I finally took action and bought a SFH in Knoxville. My wife and I will be moving from NYC next week! I'm excited and nervous at the same time thinking about my investment future.

I plan on using 2 strategies, STRs with financial partners, and BRRRRs. I picked those 2 strategies because I need a means of recapturing capital. I want to scale faster than buy and hold 1 property a year. I'm currently in the process of building my team for my first BRRRR. So, if you have any core members you recommend, I would really appreciate the referral. So far I have talked to a few realtors, wholesalers, and a lender. My next step, would probably be finding a recommended hard money lender or bank/credit union that will take on BRRRRs. Followed by a contractor.

As an aside, I could also use some new friends, I'm kinda leaving a lot of connections in NYC.

Hope to connect soon!

Most Popular Reply

User Stats

7
Posts
13
Votes
Andy Yong
13
Votes |
7
Posts
Andy Yong
Replied

@Shane Ryan I'm in North Knox. Well, I hope it won't be too bad, at least I don't look like your typical "yankee". I personally haven't checked out the Sweetwater area. I'd let you know if I do decide to invest in that area. Appreciate the offer!

@Christopher B. Perhaps we will! I'm going to try to go to the different meetups. If you see me there, do say hi. 

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