All Forum Posts by: Andreas Mueller

HI Violet, as a fellow investor/landlord and Realtor in the city I have a few thought that I hop are helpful. I'm going o be a little blunt but this is BP where we don't sugar coat it!

1) its basically winter. The slowest time of the year to rent. I HIGHLY recommend you have your leases alway turnover April-August, which is when you have the most demand for rentals. If you are close to a university Sometime January or Sept is ok too. But in general Fall and winter are slow. Be prepared to lower rents. 

2) there is a TON of inventory in that area. And while Sylvan Park is nice, you are backed up to a freeway and commercial. 

3) ITs listed as a single family home, which is true, but it's a townhouse. 

4) Your rental is overpriced and you have competition right next to you on the same street for less. See this listing: https://www.zillow.com/homedetails/603-Centerpoint-Ln-Nashvi...

Hope this wasn't too direct but just want to be helpful. And if you need a second eye, I'm happy to help. I have a rentals in that area and around the city. Also just like meeting fellow investors! Feel free to reach out direct, breakfast on me. 

Much Luck!

-Andreas

Welcome to Nashville Daniel! Im also a recovering Californian who relocated here :)

I'll echo others here, you can get qualified based on the income of the property, a DSCR loan, or other product. It's not hard and you have more than enough to put down to get a great small multifamily property here in Nashville and get started!

I'm happy to help give advice, if you would like to chat offline? Send me a direct message! And no worries if you don't use us as realtors, Just like talking real estate. 

And happy to line up your team here on the ground (agent, contractors, lenders, etc...) We only work with investors so we speak the language and hopefully can get you what you need. 

Hope to hear from you, and regardless, good luck!!

-Andreas

KW Commercial Realtor

I'll echo what all the smart folks are saying here. Break that lease OR offer to do all the legwork fining a proper tenant to take over (as a landlord for my properteis if a tenant needs to move I let them out of the lease without penalty ONLY IF I dont lose rents, they find the tenants, and they pass my credit screening). Ask, he may just let you. 

Then call me, ill find you an amazing house hack her in Nashville :)

@Sam Chicquen congrats on diving into nashville real estate! There are tons of fantastic realtors on here. Our team exclusively works with investors and can help you run your numbers, gather tenants and introduce you to contractors. If you think we could be a good fit, feel free to reach out to be direct! -Andreas

@Engla Farm congrats on diving into nashville real estate! There are tons of fantastic realtors on here. Our team exclusively works with investors and can help you run your numbers, gather tenants and introduce you to contractors. If you think we could be a good fit, feel free to reach out to be direct! -Andreas 

@Annette Barnett Nashville does have some nuance for NOO STR but there are some nuances that allow folks to get creative. We also have some fantastic title companies/lawyers on our team that are adept in allowing NOO STR. Fee feel to Reach out if you think we can be helpful!

oh and MTR is also a fantastic solution here especially when you are close to the many hospitals or colleges. Can be even better returns than STR

Anthony, looks like a great spot! Ill see if we have any investor buyers in our database. 

Also happy to chat and/or give any advice. Our brokerage does the highest volume here in Nashville and our team only works with investors. I just like talking real estate too. :)

-Andreas

Sam, we are a the largest brokerage in Nashville (and Tennessee) and our team ONLY works with investors. Feel free to give me a shout and let's see if we can be helpful. Also just like talking real estate so happy to connect regardless. 

-Andreas

Totally agree, 1031 that into a small multi family in a growing city like Nashville, Charleston, Tampa. Rent increase alone for the coming year will be more than 4%, In nashville we raised rents this year by 7%-10%. Then you can either rent your primary residence or buy, which you can afford with your 1031 profits and paying no tax. I would recommend renting your primary for a bit and buy 2 small multifamily properties. Then refi one of them next year or 2025 when rates are lower, take that cash and buy that home you love for your primary. My 2 cents

Welcome Gleason! Would be happy to go over the pros and cons with you of the different brokerages here. Plenty, of fish in the sea so happy to be helpful! Message me direct if you want to meet up.