All Forum Posts by: Bryce Stclair

Has anyone created a qualified opportunity fund (QOF) with a corporation or partnership and successfully invested in a Nashville Tennessee or Clarksville TN? It seems like a great program and I was really excited to see Clarksville and Nashville having multiple census tracts.

This should be a exciting time to invest with the news today of Nashville getting 5,000 amazon jobs for the operations center of excellence with average wage of over 150K.

Map of QOZ's (Qualified Opportunity Zones)

@Eddie Woodside yes sir I do 

Thanks Patrick! 

Hey BP! I am a Tennessee Real Estate but was born and raised in Goddard Ks. I have a friend there that owns a local concrete company and we are looking to connect with local agent/investor. Please feel free to reach out!

that great to hear you have takin advantage of your VA loan! I am a local investor in Clarksville Tn feel free to reach out any time if you have questions or I can help and any way here!

Hey Michael!

I have personally not had any experience with this situation. Have you been able to reach out to a local attorney on this matter yet? 

Hey Eddie congratulations on diving head first into investing in real estate ! All great questions when it comes to 

investing in quads. I can only speak for the Clarksville market because its what I know. One main factor that effects rent is 

how close it is to the post. The closer to post the more rent rates go off BAH. Also value add can be pretty hard to do on 

Quads in the area. They are normally built around many other quads. Putting all new flooring in and such might not be 

the best option for your best ROI. I would look at buying washer and dryers for each unit you could raise rent at 50 a

door if the other quads around you don't have them available with rent. Know your competition and how you attract 

renters to what you have. As far as calculating your ROI goes, you could pay your VA funding fee up front and that would

lower your purchase price. There are less tri's and duplexes in this area but I think the key things making sure the 

numbers work for your investment! Let me know if you have any other questions! 

@Matt Castle Thank you! 

@Ryan Hebron Thank you and I would love to sit down and grab coffee sometime! Feel free to reach out anytime. 

Hey Michael welcome to Clarksville!

There is a local group of investors that normally get together once a month. Last time I looked they posted the dates and times on meet up.com  

Hey BP!

So it has been way to long since I posted anything since I started my real estate journey last June. It began when I bought a Cabin just outside of Gatlinburg and started using it as a V/R though Airbnb.

Since then I was fortunate enough get me TN real estate license in January of this year. I closed on a quad in Clarksville TN a few months later and "house hacked" it for awhile using my VA loan. If you are active military or a veteran I highly recommend using you VA loan! I went on to buy my neighbors cabin and do a complete rehab on it in 2 weeks! When I say rehab I mean rehab! New deck, Roof, HVAC, Floors, Furnature, Hot Tub, Landscaping. Now they are both renting at about a 90% occupancy every month! Never let distance stop you from pursuing a deal. As we get closer to the holidays and ending the year it will be upon us before we know it, I hope to continue to network and meet more like minded people.