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All Forum Posts by: Jacob L White

Jacob L White has started 16 posts and replied 38 times.

Post: Need help deciding if I have found a good market for my first STR

Jacob L White
Pro Member
Posted
  • Flipper/Rehabber
  • Nashville, TN
  • Posts 41
  • Votes 17

What are some reasons I should or shouldn't select a house in a market that isn't primarily an str market? The property I'm looking at is a few blocks from the beach in between two commercially active towns but this area seems primarily residential. If any gurus out there are available for a consultation I would really like to talk with you.

Post: Mortgage Brokers or Lenders who can shop your rate

Jacob L White
Pro Member
Posted
  • Flipper/Rehabber
  • Nashville, TN
  • Posts 41
  • Votes 17

Trying to find the best rates and terms without filling out a ton of applications. Who should I call? I need a company licensed in most of the Southern states.

Post: A Buyers Perspective on Buying & Managing a STR in Gatlinburg/PF

Jacob L White
Pro Member
Posted
  • Flipper/Rehabber
  • Nashville, TN
  • Posts 41
  • Votes 17

@Mark Miles Thanks for the designer tip! Do you have the name of a website with the overseas designers or did you just google it? If so, what did you search for?

Post: Looking for recommendations

Jacob L White
Pro Member
Posted
  • Flipper/Rehabber
  • Nashville, TN
  • Posts 41
  • Votes 17

Trying to build a list of people to call if in need so any recommendations is appreciated. More specifically I am looking for recommendations for handyman, roofer for small repairs, and flooring installer right now. Thanks.

Post: House hacking in Nashville

Jacob L White
Pro Member
Posted
  • Flipper/Rehabber
  • Nashville, TN
  • Posts 41
  • Votes 17

@Daniel Evans Hey man, how much are you looking to put down? Have you considered a hard money loan to refinance?

Post: Looking to Network with Investors in Middle Tn (Nashville)

Jacob L White
Pro Member
Posted
  • Flipper/Rehabber
  • Nashville, TN
  • Posts 41
  • Votes 17

Hello all! I am a Real Estate Investor living in Nashville, Tn. I would love to chat with any of you investors out here in the Middle, Tn. area. The more people you know in this business the more successful you are. I am looking forward to hearing from you! You can message me on here and we can exchange numbers/ emails!

- Jake White

Post: Nashville real estate advice.

Jacob L White
Pro Member
Posted
  • Flipper/Rehabber
  • Nashville, TN
  • Posts 41
  • Votes 17

Hey Davon! The best advice I can give you, and this is going to sound counter intuitive, is to dive in and roll the dice. I got locked into analysis paralysis for years. Read dozens of books, went to seminars, paid many many Gurus enough money to have bought a deal... and after all of that I learned maybe 1/100th of what I learned by diving in and buying a deal.

If you are looking to flip? Analyze a deal as best you can then buy it. I’m not saying go in blind. But the value of your first deal comes from DOING it, not the profit you make. The experience you gain from diving in knowing situations will come up that you don’t know how to handle, then learning how to handle them, that is what will pay off in the long  run. 

And that applies to whatever you are trying to do in Real Estate. You don’t need to know a lot to get started. But you will NEVER know a lot unless you get started.

Does that makes sense? What kind of investing are you looking at getting into?

Post: How to generate a Cash Buyers list

Jacob L White
Pro Member
Posted
  • Flipper/Rehabber
  • Nashville, TN
  • Posts 41
  • Votes 17

Hey All!

I am getting into the Wholesaling game. I would like to generate a list that I can cold call to accelerate the process of meeting buyers. I know I can buy one for about a grand from list source, which I am reserving as a final option.

 I am a relatively experienced investor, so I have no problem going and talking shop at Meetups. But I am old fashioned, that has been the only area I have had any success in. I am trying to get this wholesaling business to gain momentum. We have too many deals and not enough buyers! 

Successful Wholesalers of bigger pockets, help!!! :)

Post: Rehab room calculations?

Jacob L White
Pro Member
Posted
  • Flipper/Rehabber
  • Nashville, TN
  • Posts 41
  • Votes 17

@Reggie Burnett

I have found rules of thumb like that to be just that, far too general rules of thumb. What I do is I make a log of every job I have done, and log how much that job costed. So I can make a quick estimate based off of that.

Post: New direct mail campaign questions

Jacob L White
Pro Member
Posted
  • Flipper/Rehabber
  • Nashville, TN
  • Posts 41
  • Votes 17

Hey Sonny, just sent you a direct message. I have personally not had any luck with direct mail, but maybe I just wasn't patient enough. In my opinion the money is better spent buying a list and cold calling. Or, if you were looking to automate, hiring a cold caller. But, there's a thousand ways to skin a cat!