All Forum Posts by: Jerod Jones

Hello, 

We are running an STR in Robbinsville from afar. Everything is going well but we want to upgrade our internet to tap into the WFH crowd. We are currently using Viper Broadband and paying $120/month for wifi that barely works.

Does anyone locally have a positive expirience with internet providers in the area? 

Thank you,

Jerod

Investment Info:

Single-family residence buy & hold investment in Hanamaulu.

Short Term Rental Cabin in Western North Carolina!

What made you interested in investing in this type of deal?

We have a long term rental already and wanted to give short term rentals a shot. We were looking for a side project that is a little more involved.

How did you add value to the deal?

The appraisal came in 10% higher than our purchase price. We plan to add additional amenities to the property to increase winter rentals.

Lessons learned? Challenges?

We are managing from afar so the biggest challenge was finding our team and pushing ourselves to accept the challenge to go for it.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Churchhill Mortgage out of nashville is great! Carol Borrelli with eXp realty is fantastic!

Hey Tyler, 

Yes! We are working on finding a single family property in Chattanooga now to BRRR. Looking for contractors in that area now if anyone has a contact!

Investment Info:

Single-family residence buy & hold investment.

3 Bed 2 Bath cashflowing rental!

How did you find this deal and how did you negotiate it?

MLS we were able to negotiate down 10% because the seller was in a hard money loan going into the holiday slow season.

How did you finance this deal?

Conventional

How did you add value to the deal?

We made improvements mainly to the outside. U Driveway, tons of landscaping & hardscaping, new roof and HVAC.

What was the outcome?

We were able to reappraise and get our PMI off after 12 months when we moved out and turned the property into a rental

Lessons learned? Challenges?

Everything took longer than expected but was worth it in the end!

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Realtor- Riya Patel

@Sara Campbell yes! We are looking in all of the surrounding areas. 

Thanks Justin and Allan

Hello

My wife and I are real estate investors in Nashville. I am hoping to network with a few wholesalers. Any introductions would be greatly appreciated!

Thanks,
Jerod

Hey @Brian Moran, I am based in London these days. Moved over from Nashville for work recently.