All Forum Posts by: Arnuv H.

Hey Arnuv, 

You can try out Griffin, Clift, Everton & Maschmeyer, PLLC.
They are in Memphis. I have worked with them before for my SFR's (long distance) they are awesome. Ping me and I can give you the contact details. Cheers
 

Hey @Arnuv H.!  I don't know any title companies local to that area, but you can call Heritage Title and Closing in Russellville, AR and see if they can help.  They've helped me with properties around the state!

Look no further than Texas. Not all cities cash flow, but there are many that do.

Hi Arnuv! Michigan is a good market as well. But if you're also searching for appreciation, Columbus is the place to be. There are still 1% deals but the more attractive part is Columbus is an expanding city, with several significant companies relocating to the area in the near future, resulting in an abundance of new job opportunities. I personally focus my investments in the Columbus area and have a network of property managers, general contractors, lenders etc. that I would highly recommend. If you're interested in identifying the right neighborhoods to invest in or exploring investment opportunities in Columbus, it would be a great idea to connect with you and leverage your expertise and network to navigate the real estate market effectively.

 I'm guessing at 600k 3000+ you'll be in a C class area with low quality tenants, lots of turnover, and 100+ year old building with lots of maintenance costs. Have you considered B class areas built after 1978 (no lead paint), better quality tenants, less turnover, less maintenance. Would be more like 700k 3000+. It hurts up front but works out so much better in the long term.

While this type of return is possible in the markets you are looking into, it is not possible to do from Internet.

You'd need a great team on the ground and to find solid deals, possibly with value add.  If you buy turnkey with cash, your cash will be exhausted and you will be making hundreds of dollars per month and not thousands.  If you buy properties that look great on paper but are tough to manage, all your cash flow will be eaten up by turnover, repairs, and capex.

This question always gets asked and I never see a commitment by the OOS investor to really get their team and market set up.  There are TONS of threads on the forums by investors buying sight unseen in the midwest, and their first tenant turns over and they get a bill for 20K and their cashflow for 10 years is gone.

Hi Carol! Only specific title companies will handle this - I can refer you if that would help. There can be a few more steps specific to properties bought at tax deed auctions here in California. I've sold a few this year and have a few coming up - not rocket science but definitely a few more hoops and only a few title and escrow companies will work on them. Hope this helps!