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All Forum Posts by: Joseph Muench

Joseph Muench has started 1 posts and replied 5 times.

Post: Nashville Meet Up For New Investors?

Joseph MuenchPosted
  • Specialist
  • Nashville, TN
  • Posts 6
  • Votes 2

Sounds great @Michael Skvorak! Count me in! I'd love to learn as well as network and have been looking for something like this in the Nashville area for a while. 

Post: Looking to buy 2 houses with potential structural work

Joseph MuenchPosted
  • Specialist
  • Nashville, TN
  • Posts 6
  • Votes 2

Hi @Addison Ricci, I know plenty of investors in the Nashville area who have tackled foundation problems without incurring a huge expense at all. It sounds like you've got a great deal and a great money-making opportunity. I would tell you to go with it! 

Post: Percentage Deal on a Flip

Joseph MuenchPosted
  • Specialist
  • Nashville, TN
  • Posts 6
  • Votes 2

Hi everyone. I am an agent in Nashville and specialize in sourcing fix and flip deals. Although I am in Nashville, I am curious to hear from everyone as well as those in Nashville. I am interested to hear what percentage of deal you typically like to buy as an investor for a flip property. I understand obviously you want the best deal possible, but to be realistic, what would you find as a good percentage to make a desirable profit? For example, I know the Nashville market has been hot and finding a deal under 74% is becoming more and more rare. More frequently I will see deals go at or around 76-79% and investors are still able to make a healthy profit. What do you guys think and what do you guys find acceptable? As an agent who is usually on the opposite side of the fence, I am curious to hear what buyers/investors have to say.

Post: Seeking an investing partnership in Nashville

Joseph MuenchPosted
  • Specialist
  • Nashville, TN
  • Posts 6
  • Votes 2

Hi @Kyle Noskowiak, I may not be the partner that you are looking for, but I would love to help you out as you look to invest. I am a licensed agent who specializes in finding and distributing SFH flip deals in the greater Nashville area to investors. I usually have 25 deals come across my desk every month, and pride myself in being a great resource for hungry investors. Let me know if its something you might be interested in, and best of luck to you in your future investments!

Post: Which markets to start in

Joseph MuenchPosted
  • Specialist
  • Nashville, TN
  • Posts 6
  • Votes 2

Hi @Madison Holbrook, I admire your ambition to begin investing in real estate and retire by 35! Thats an awesome goal to set. I believe it would be difficult to move markets and invest, but it is definitely not impossible. I'm not sure if getting a $15K house is a great idea. I think that using an owner's occupancy loan to get into a nicer property could be a better option. With this loan, you could get into a good property that would generate the rents you desire for less than 5% down. 

Also, I am in the Nashville market (so I may be biased) but there is plenty of evidence to suggest that this is one of the best in the country. Best of luck to you as you begin investing!