All Forum Posts by: Jon Wright

Is it just me or does it feel like everywhere you look people are going to short term rentals? People I know with 0 real estate investment experience are asking about it or thinking about it. That doesn’t feel like a good omen to me to get into that arena. But… I do want to. What do y’all think?

@Brian Keegan I’m an agent and an investor. Everything can’t be measured in $. If you’ve had a relationship with this agent for 3 years that has to be worth something. If he or she has kept up with you or answered questions for you for 3 years that has to be worth something. The market is super competitive right now because people know if you list something it will sell. I’d go with the person who has invested their time and effort into helping you reach your goals along the way. Best of luck!

@Noah Smith Florence, Muscle Shoals is my area. About an hour from Huntsville.

@Noah Smith yes but other side of the state in the shoals area.

@Cole Bigbee welcome! This is a great place to learn and network! Listen to every podcast from the first to the latest it’s a ton of info!

@Noah Smith where you at in north Alabama?

@Shawn Costley I do brrrr rentals and flips, I also am a licensed builder and realtor so I build new construction and help people find homes as residence or investment.

make sure you get the current books. There are only 2 needed now. A large study guide book https://nascla.1examprep.com/products/residential-home-builder-study-guide?variant=7450620755996&utm_campaign=gs-2019-03-08&utm_source=google&utm_medium=smart_campaign&gclid=EAIaIQobChMI_Yve_dCe5QIVksDICh13YgWvEAQYAyABEgIM0PD_BwE

and the NASCLA book https://nascla.1examprep.com/collections/nascla-books/products/alabama-nascla-contractors-guide-to-business

A lot of the websites that sell Alabama books will still show a collection of 5 or 6 books that were used for the old exam. Best of luck. 

I’m a licensed builder and real estate agent. I’m Looking at options to finance some spec builds. I’ve never done any kind of hard money loan. I have built some homes with partners and split everything 50/50. I feel like I could make more money doing them on my own with hard money but I’m a little apprehensive about what that might entail. So it’s a devil I know situation. What advice or experience do you guys have with this type of scenario? Who would you recommend I check out for information on a hard money loan?

@Shawn Costley I’m a realtor and investor in the area. Florence has the university and muscle shoals and tuscumbia are solid rental markets. If you’d like some help here I’d be glad to help anyway I can.