All Forum Posts by: Joseph Bui

I've been looking at Cleveland as well. I have 9 doors in Memphis and Detroit and hope to add Cleveland in the near future. I also have section 8 tenants as well and their are definitely pros and cons. Would love to connect and knowledge share if you are interested.

Its tough to get cash flow right now unless you are buying in Midwest markets. I have 9 doors across a couple midwest markets (Memphis and Detroit) and they were all cash flowing immediately with a minimum 10% cash on cash, but usually more. I'm based in Seattle and I purchased them all remotely. The key is putting together a trusted team on the ground. Would be happy to connect and knowledge share if you are interested.

Hi Rakesh, I own 9 doors across a couple midwest markets. They are a mix of multi family and single family. They metrics I look at are rent to price ratio, history of appreciation and potential built in equity. Would be happy to connect and talk more about my investments.

I've used a turnkey company in Memphis where I bought two and I also nearly bought with Midsouth as well, but decided not to. They key is to realize their pro forma numbers is perfect case scenario. I think its a decent way to get your portfolio started. Would be happy to connect and share about my experience with turnkey companies in Memphis.

When you sell your primary (living there 2 of the last 5 years), you don't make taxes on the first 500k of profit.

Hi Eden, I've been investing in Memphis since 2020. Have a couple doors there now and would be happy to connect and share resources in regards to the teams I've worked with.

Hi Rafael, not sure which markets you are in but I'm a newer investor myself invest mainly in midwest markets. I currently have 9 doors across Memphis and Detroit. Many midwest markets still have a rent to price ratios that cash flow so thats why I keep buying there. Would be happy to share about my experience and connect if you are interested.

Hi Darnell, I’m based in the Seattle but have been doing BRRRRs in the Midwest (Memphis and Detroit) where I have scaled my portfolio to 9 doors. I’m also starting to look into Cleveland as well. Would love to connect knowledge about what we are seeing in each market. 

Hi John, I’m based in Seattle but invest in Memphis and Detroit where I now own 9 doors. Would love to connect and knowledge share about how I scaled my portfolio. 

Hi, Im based out of the Seattle area but invest in the Midwest where I now own 9 doors. Would be happy to connect and knowledge share about how I scaled my portfolio over the last 4 years.