All Forum Posts by: Justin Vogelgesang

Welcome @Joshua Evans, this is a good place for networking and learning. I'm in the Nashville, TN market

I took my time through the course and took the test 2 days later, while it was all fresh on my mind. Passed on the first try. From other agents that I've spoken with about it also, that seems to be the best way to do it. 

Hey @Antonia Hyman, I think any accurate advice for you would ultimately come down to what your plan is long term. Are you looking to buy and hold properties for long term cash flow? Or STRs? Fix & flips? I can't imagine $100k going very far in NY, but then again that is a market I am not familiar with. 

An out of state market would be ideal in that sense, but that comes with different hurdles. For rentals, you'll need a property manager of course. If you do out of state flips, then a reputable contractor and real estate agent will be someone you'd want to be in contact with. I personally would be more interested in flipping homes and using hard money for the first few investments until I had more cash at hand. At which point, find an STR in a growing area for passive income while I keep doing other projects

Nashville agent here, always looking to network

Hey @Brittany C Spragins, seems like you've got good advice above to start with. I'm an agent in Nashville, all we do in our brokerage is buy/sell investment properties. That being said, in my personal experience, I don't mind when a new investor comes to me without having all of that pre-determined. Most investment minded agents will be able to refer you to contacts that they've had positive experiences with, in the past. If you had to start with one person, I would start with a good agent and let them help you connect some pieces from there. The lender is definitely your next person to be in touch with. Contractors are easy to come by (at least in my area), don't miss out on deals by not having the agent and money ready first though. Of course it's best to have a contractor lined up when you buy the property, if possible. This would just be the order I suggest

It's nice to see a good thread started about Nashville, there's a lot of great information here so far. @Joe Mathew as for your original question, there's a lot more success stories going around than of the alternate kind. Nashville is a great market with plenty of good reasons to invest here as well as in the nearby areas. Investing of course is never guaranteed, so there's an amount of due diligence in order before buying a property somewhere. It's easy to make money in these areas, but it's easy to lose money anywhere if the proper research hasn't been done or if the person is unfamiliar with the market in general. 

Hey @John Bradley, there is actually one coming up soon in Nashville. I'll message you

@Ryan Estes I'll take your advice on the VA Loan!

I would definitely suggest looking in the Nashville area closely, as well as Clarksville. Clarksville is right outside of Fort Campbell, and that market is hot as well. Homes there actually average 3 days on the market now, which is even faster than Nashville and they are generally more affordable there too. 

You are correct about appreciation though. While it is never guaranteed, you can definitely make safer bets in certain areas. Nashville has been consistently in the top 5 markets nationwide and is predicted to continue in the future. If you ever have any real estate questions, feel free to reach out! I'm always happy to talk real estate or chat with other vets 

What are you considering as a "good deal"? Out of curiosity. I've heard great things about the markets in Texas, and that there are plenty of deals to be found. I'm in the Nashville area, and I still see 1% rental opportunities very regularly. That is the general rule that I've seen many investors follow, in regard to LTRs. Also, congrats on your success in Cali! What branch are you retiring from? 

@Ligmon Williams no, new builds aren't sprouting up left and right like they are in Nashville areas