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All Forum Posts by: Grant Bynum

Grant Bynum has started 4 posts and replied 14 times.

Howdy from Texas. I will be taking a trip to Knoxville in August. I'm wanting to find the best investor friendly and hungry realtor that will help me buy my first property there. Who have you had the best experience with? 

Quote from @John Underwood:

I would get the first house within a few hours away and learn the ropes.

I would advise to stick with a house and skip any condos.


 Exceptional advice. Thank you John.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $254,000
Cash invested: $100,000

This is my first investment. I got it at a great price vs. what homes are going for. Homes in College Station seem to really be going way up. The home already had renters. But the rent price was a bit low. The positive is that I didn't have to spend time looking for renters. Learning how to self manage for now. One guy I like in this market is Gregory Schwarz, seems sharp. Gig 'em!

Yall, thank you! 

Howdy yall. I'm a newbie. I have one rental property in College Station.

I'd love to enter the Broken Bow market with a one or two bedroom cabin. But is this market tapped out?

What's the next best location you'd recommend - kind of like Broken Bow was 4 years ago?

Thanks! 

It might be a winner.  

Daniel, what if you went to the students and offered to get only ONE sublet tenant for the summer, not tons of tenants? It would be less money, but it'd make it easier to get everyone's buy in, including the landlord? 

Quote from @Daniel Kaplan:

@Grant Bynum In all honesty, these landlords are terrible and rarely even check up on their properties. I live in an apartment owned by the same company and they have a property manager who literally lives 12 hours away from the property I am leasing and never comes (besides when there are major complaints from all 30 of us tenants). 


 Why don't you go to the management company and say you are going to work with one apartment? And that you will give a cut of the profits to them of what you earn?  Once they agree on one, then hit them up for more. 

It's a great idea, love your thinking. Many students sublease their own apartments.  but that's typically only one person for the summer, not many guests.  You could try it without getting the approval, but if you had roudy guests, they could get reported and you'd get your clients kicked out of their apartments.  I'm not saying to not do it, but trying to think of a way to help solve this.  

@Gregory Schwartz wow, very good to know. thank you Gregory! What type of property would you most recommend in this current market in Bryan for a starting investor like me? SFH? or something different?