All Forum Posts by: Aaron M.

I've considered turnkey investments (provider buys property, totally rehabs it, then sells the property with a tenant and PM service in place) but I can't see a the viable exit strategy with this type of investment. My concern is that the provider gets the benefit of the forced appreciation from the rehab, and the buyer receives a nicely cash flowing property whose ARV exceeds the local market making a later sale very difficult (unless appreciation is rock solid and consistent). Perhaps the circumstance is far more dynamic than how I'm thinking about it. Ntl, I'm curious if turnkey investors feel they do have a reasonable exit strategy? Turnkey providers feel free to chime in also, if you like.

Warren Buffet's quote "be fearful when others are greedy and to be greedy only when others are fearful" is bouncing all around the investment world. To my surprise, the quote is old (1986). In case you are interested, here is the full Berkshire letter to shareholders that contains the quote:

https://www.berkshirehathaway.com/letters/1986.html

@Michael Cross Thx again for the guidance.

@Michael Cross Thx for the guidance. Trying to learn Hagerstown from a distance is challenging. I look forward to getting up there to learn more. Btw, many describe Baltimore City as a market where you need to assess "block to block" to determine better vs lesser areas. Would you describe Hagerstown as "block to block" as well? Thx.

Am curious . . . what geographic area of Hagerstown makes up the "North End"?

@Scott Mac Appreciate these leads, Scott. Many thx.

@Russell Brazil, with COVID-19, how have you modified your above "first and foremost important" criteria of meeting you in person?  Con calls? Video calls?

@Stephen Rager This is a discuss thread for my "files". Appreciate the help all.

@Joe DiMaggio I enjoyed last night's panel, Joe. Thx to you and the others for sharing your insights.

@Keesha Duminie I just discovered this discussion string; great insights, feedback and suggestions. I'm trying to decide on my niche also. I'm deciding between SFR, condos, and MFR. B&H will be the strategy. Did you decide on your niche???