All Forum Posts by: Heather Brooke

That’s helpful! I was originally looking at properties east of nashville (Donelson, hermitage, Mt. Juliet, Lebanon) but I’m not sure properties would cash flow as well as I’d want them to there. I’m thinking Jackson, Columbia, Franklin, KY might be a better option. What are your thoughts on this? 

This is helpful, thank you! Do you mind sharing where you typically find your properties (or where you did when you started out)? There are a couple I have my eye on from the MLS but wondering if there are better ways to identify them for beginners!

Hi everyone,

I’ve been lurking and reading and trying to learn. I’d love to hear some success stories of people who’ve gotten into real estate in their 30s or 40s after they’ve settled down. This is so new to me and I’d like to buy my first rental in 2023 but would love to hear stories of others who taught themselves how to do this a little later in life without growing up in the real estate business!  

 Hi Amit - I am looking in one of the suburbs of Nashville. 

Hey everyone, 36F this is very new to me. I’ve been reading and looking at my local market trying to determine how to get started. My husband and I have 3 kids, our primary residence is recently completely paid for ($650k) and we have W2 income of around $250k annually (first year making this). We’d like to start bringing in some passive income and are interested in single family homes in our area to hold and rent. We have a down payment but I’m a pretty risk adverse person so I’d likely wait to save up more to put down before pulling the trigger. The problem I’m having is finding a good deal. Comparing purchase prices in our area to monthly rental income in the same neighborhood I’m having trouble figuring out how people are getting 1-2% of purchase price each month. Most of the rental neighborhoods I’m considering have houses selling around $375-400 and are renting between $2-$2.4k. What am I missing and how are people making 1-2%? Thanks for your help!