All Forum Posts by: Jered Sturm

We use guardian on all our MF including our 42 unit building. so far so good. Once you exceed 40 units with them they begin doing the bill collections as well so thats nice

@Ashley Bingham I would argue that having your license is not the issue. The market is extremely hot in ATL and most cities. Good fix and flip deals never even make it to the market. My business partner is licensed in GA and OH and we typically only use his license on the sale side of the transaction. On the buy side it is typically off market. 

@Ashley Bingham Congrats on the new chapter in life. I recently moved to ATL to expand our RE investment company down from Ohio. Are you thinking of investing in ATL? What type of strategy are you interested in? Buy and hold, flipping, wholesale? 

I think education is important but action is more important you can only learn a very small portion of standard educational paths. For me personally, 95% of my learning came from real world experience. 

One thing that did have a big impact on getting me thinking was the Bigger pockets podcast. If you commute for work, go to the gym, or whenever you can just take the time to work your way through the 200 episodes you will learn more from that than going to get a degree in RE. 

At the start of the 2017 I will be forming a meet up in the NW ATL markets. If your interested in meeting other investors reach out to me directly and ill keep you posted as that develops. 

Enjoy the journey! 

Welcome @Joey Clowery I would strongly suggest the house hack of a 2-4 unit building with FHA financing. In current market conditions this makes the most sense and mitigates risk tremendously as a new land lord.

If I were in your shoes I would borrow as much as the bank would lend you on a 4 plex and live in one of the units. 

best of luck on the journey of REI, its a fun one.

@Jensen Jeune I am assuming these can be bought separately or as a package?

My cell number is in my profile. Please reach out to me so we can talk more about these and your business. 

Thanks much!

@David Nacionales Welcome to the site. It's a great place to network. If you're BP podcast fan you may have heard me on show 124. Indiana can be a strong cashflow market. One of the big issues in these types of areas is finding quality property management. They exist but usually, focus on larger complexes 100+. Before buying make sure you really vet the PM company you are considering working with. I suggest start by calling their listings and see how the person answering the phone (if they answer) interacts with you. 

Let me know if I can be of any help!

@Tyler Evans Welcome to the site. I am similar to you in my path to REI. I started as the handyman, turned project manager, turned construction company owner, and then began buying investment real estate. Now full-time REI I am so grateful for the foundation knowledge I had from the construction background.

Your skills and background in remodeling will be more beneficial than any MBA you could have. There are literally thousands of extremely smart analytical people that want to invest in RE but never can do it because they understand spreadsheets but don't understand the actual building and what it takes physically to run. This leads them to never starting or sadly often getting scammed by  contractors. It's like going to start a small business in china without speaking Chinese. Doable yes likely to fail definitely. 

I recently moved to Kennesaw to expand out company down from Ohio. I love meeting new people and talking RE. If you ever want to meet up reach out to me on here and well grab a drink. 

Welcome @Jonathan Roveto I am newer to the NW Georgia market as well. Congrats for starting the empire! I'm curious where are you SFRs, and what are you getting your PhD in?

The best way to go about this process is from the inside out. Here's what I mean: the sales staff of a PM company or the owner will be able to make it sound great. I would advise going directly to the internal operations of the business and see how they preform. You can do this by going to their website and seeing what listing date available for rent. Call them as if you were a respective tenant. See if they even answer the phone, when they answer are they professional, see how accommodating and timely they are with scheduling a showing. See how knowledge able they are the property or their procedures. Maybe even throw in some bait questions like " is this house ok for kids?" Their response will let you know if they are smart about how they respond to fair housing law questions and if they mess up on the answer move on or they may have you getting sued for discrimination. 

If possible even go to the home and view it as if you were a prospective tenant see how well it is cleaned and desirable to attract new tenants. The point is sales staff and owners can make anything sounds great. Get the real picture. 

Best of luck on your search. 

@Adam Huntahlers Congrats on the purchase. Kennesaw is a hard place to find good deals so kudos to being able to find one. I started with a house hack as well. Great way to begin. Hopefully I'll see you around the meet ups.