All Forum Posts by: Brad Taylor

I do not think it is a good strategy. You are paying higher commissions and fees for funds with less options. Why not just invest in mutual funds and keep the wasted money for yourself?

Absolutely. Send me the info and what you would like to know.

I am seeing great deals in Clarksville but don't know enough about how the college/military economy to pull the trigger on anything.

Hello from Gallatin TN!!!!

I use every dollar to create the budget and then plug those numbers into mint to track expenses vs budget. You can do all of this in every dollar, but Dave charges $100 a year to automate expenditures and mint does it for free.

Are you saying that you can sell the lot for $360K or would the new investment be leveraged? I think it really depends on what your goals are. I am guessing that you are not in love with your current house, but how bad are you wanting the new house? Enough to possibly delay REI? Personally, I would rather be sitting in a paid for primary with a paid for (or even leveraged) rental rather than having a mortgaged new house with a mortgaged rental.

Hi Christian. I can't speak from investment experience, but I am familiar with how Nashville housing prices have trended over the last few decades. The urban (especially east and south Nashville) areas are very high right now. Even fixers can bring $200+/sqft. Most desirable areas are saturated with rehabbed homes, and people are now transitioning to demolition and rebuild projects. I see it hard to score a deal in the urban market, especially to rent long term and expect cash flow. 

I am not sure exactly what your long term goals are, but to buy and hold I think Rutherford county has the best deals right now. Plenty of availability to rehab and rent, and the job market is strong due to automotive manufacturing.

Welcome! I am also from the Nashville area.

I'm in. Also cannot connect on my phone. Will send a message when I get to a pc.

What areas are you talking about specifically? I am in the north side and Goodlettsville/Hendersonville/Gallatin are all hot.