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All Forum Posts by: Jen Menchaca

Jen Menchaca has started 6 posts and replied 26 times.

Quote from @Brittany Minocchi:
Quote from @Lisa Paige:
Quote from @Brittany Minocchi:

Another vote for Ohio! I have a few MFHs and a SFH in Canton that do very well with cash flow, which is my main focus right now.


 Hi Brittany. I am alos looking into MFHs. What methods did you use to acquire them? 

We purchased one with cash and used financing for the other two. 
Hi Brittany, 
I’m also looking to find small multi family. Are you able to cash flow these days with financing? Thanks! 

Post: Fayetteville, NC Market Research

Jen MenchacaPosted
  • New to Real Estate
  • Boise, ID
  • Posts 26
  • Votes 5

I'm currently researching markets for out of state investing. I have heard good things about Fayetteville for BRRRR's, Cashflow, and STR. I'm just starting out and looking for cashflow, but would someday like to transition to STR while still gaining appreciation. Are there certain neighborhoods that are better than others? Looking for any knowledge from those in the area. Thanks!

Post: Is Myrtle Beach, SC Good For Cashflow or Only Appreciation?

Jen MenchacaPosted
  • New to Real Estate
  • Boise, ID
  • Posts 26
  • Votes 5
Quote from @Chris Rosenberg:

@Jen Menchaca Hey Jen. I can tell you Myrtle Beach is a pretty tight market. I typically look for BRRRR properties that hit the 1% rule, especially now with interest rates higher, and they are hard to come by. I've only ever found 1 on the MLS that met this rule, about a year ago. It was a cash purchase, as is. Everything else has been off market. I've begun buying in Columbia SC because the numbers seem to work better. I have had good appreciation here in Myrtle Beach over the last 4 years, along with most of the country. I can't predict that will continue, I can only say it seems like people continue to move here, and they continue to build houses here.


 Thanks Chris, that's helpful information. I'll check out Columbia too. 

Post: Is Myrtle Beach, SC Good For Cashflow or Only Appreciation?

Jen MenchacaPosted
  • New to Real Estate
  • Boise, ID
  • Posts 26
  • Votes 5

I'm doing a little market research to narrow down my options. Currently I am interested in LTR for cashflow. I understand this is difficult lately with interest rates, but I hear Myrtle Beach is a great market for investing. I am curious if anyone has come close to the 1% rule recently or if this market is purely appreciation based. I am also considering STR after I get my feet wet with LTR and figured staying in the same market would beneficial down the line. Any information or advice would be greatly appreciated!

Post: Jonesboro, Arkansas Cashflow

Jen MenchacaPosted
  • New to Real Estate
  • Boise, ID
  • Posts 26
  • Votes 5
Quote from @Josh Milewski:
Quote from @Jen Menchaca:

Hey All, 

I'm getting into market research and just listened to On The Market podcast where they list the top 8 housing markets for cashflow. Jonesboro, AR was one the cities mentioned. Does anyone have any experience in this market? From the podcast it sounds like a viable option for cashflow, but I have no real world experience of the area. Any insight would be helpful. I, of course, will do more research outside of this, but am hoping for some personal knowledge of the area. Thanks!


My team wholesales, invests and lives here. We're a relatively new team but would be happy to connect and tell you about the area.

Hi Josh, I’d love to connect and learn your take on the area. I will message you. Thanks!

Post: Jonesboro, Arkansas Cashflow

Jen MenchacaPosted
  • New to Real Estate
  • Boise, ID
  • Posts 26
  • Votes 5
Quote from @Justin Lee Taylor:

@Jen Menchaca I can hop on a phone call for any questions. I’m an active investor here in the Jonebsoro location


 Hi Justin, I'd love to connect. I'll message you. Thanks!

Post: Jonesboro, Arkansas Cashflow

Jen MenchacaPosted
  • New to Real Estate
  • Boise, ID
  • Posts 26
  • Votes 5
Quote from @Billy Daniel:

Hey @Jen Menchaca!  I don't have any first hand experience investing in the area, but I would certainly like to.  It's one of the larger cities in Arkansas and is home to Arkansas State University.  I think property values are fairly stable and cash flow is easier to find than many other places in the country.  


 Thanks Billy! Those were my thoughts too. I'll keep looking into it.

Post: Jonesboro, Arkansas Cashflow

Jen MenchacaPosted
  • New to Real Estate
  • Boise, ID
  • Posts 26
  • Votes 5

Hey All, 

I'm getting into market research and just listened to On The Market podcast where they list the top 8 housing markets for cashflow. Jonesboro, AR was one the cities mentioned. Does anyone have any experience in this market? From the podcast it sounds like a viable option for cashflow, but I have no real world experience of the area. Any insight would be helpful. I, of course, will do more research outside of this, but am hoping for some personal knowledge of the area. Thanks!

Post: Thoughts/Advice On Strategy

Jen MenchacaPosted
  • New to Real Estate
  • Boise, ID
  • Posts 26
  • Votes 5

Hi, 

I'm currently working on getting my finances in order and considering different strategies. My ultimate goal is to invest in small multifamily, but would only be able to acquire one at a time with my own available capital and I would like to scale more quickly. I know they say we should pick one strategy and focus on that, but I am considering starting out with one STR in order to create more capital more quickly. I would use a second home loan for the lower down payment on that property and then use all those profits to start investing in small multifamily. Please let me know your thoughts. Thanks!

Post: Are Turn-Key Companies Worth It?

Jen MenchacaPosted
  • New to Real Estate
  • Boise, ID
  • Posts 26
  • Votes 5

Hey All, 

I am still in the learning phase of investing and just heard about companies selling turn-key properties to out-of-state investors that already cash flow. This seems like such a great deal, but then why wouldn't everyone do this? Aside from the obvious reason that you could increase your returns if you put in the work up front. I'm curious, what are some other down sides to this option? Thanks!