All Forum Posts by: Jason Carter

Well done @Paul Leason. One of my holds is right down the street on Hogadone. Thanks for getting those comps up! :)

Awesome deal @Caleb Bryant. Congrats! 

What area of Birmingham is that? 

Curious, why don't you just invest in Birmingham? Lots of opportunity there. 

@Charles E Bernard Jr You can contact local property management companies and ask them about the comps and median rent. 

Due diligence is just research, like you're doing on the comps and rent. Do as much due diligence, or research, as you can. 

Search for that company on Biggerpockets. Look for people who have used them and direct message those people about their experience. Look for investors here on BP in that area and direct message them and ask them about the neighborhood. 

I invest out of state and property management is the key. You need a good one. They place the tenants, collect the rent and look after your property. Ask the other investors in the area who they recommend. Ask about Norada's management company. Again, use the search feature on here to see what has already been written about them. I know there have been posts on Norada. I don't know much about them but they have been around a while. 

Are you guaranteed a tenant at closing? I wouldn't close turnkey without one. Get it in writing that the rehab will be complete and you will have a tenant when you close. You want cashflow from day one. 

Also be sure your LLC can get the right kind of loan. I'm not sure if LLCs can get a traditional 30 year fixed mortgage. Ask your bank about that.

Best of luck. 

Congrats @Johnette Crawford! Saw the pics and rehab looks great. 

@Mark Byers at Signal Rents might be able to help you. 

Good to hear. I need to get more into it. Set it up and haven't used it since. Just got super busy with end of year stuff. 

@Mindy Jensen I did. I’m all good. Thanks for the follow up! 

@Robert Ashline Congrats on taking the first steps and welcome to BP. You're in the right place to learn. I invest in Birmingham and love it. 

I'll throw out one suggestion - look up house hacking. I wish someone had told me about that concept when I was just getting started. Seems like a no brainer way to get started to me. But it's  not for everyone, but something you might want to look into.

Best of luck! 

I don't see a mastermind link. All I have is this: 

Thank you so much for ordering the 90 Days of Intention Journal!

The exclusive bonus for this purchase is access to a Mastermind group. You can join your Mastermind group starting December 6 when the journal officially launches! We'll post a link on that day, right here, for you to sign up and start connecting with other investors.