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All Forum Posts by: Karen Wanamarta

Karen Wanamarta has started 0 posts and replied 53 times.

Post: STR, Long Term + Airbnb

Karen Wanamarta
Posted
  • Investor
  • Nashville, TN
  • Posts 55
  • Votes 17

@Ashley Martin Hi Ashley, I have 2 seller financed deals I can send your way. Feel free to DM!

Post: Searching For Mentorship

Karen Wanamarta
Posted
  • Investor
  • Nashville, TN
  • Posts 55
  • Votes 17

@Kameren Powell shoot me a message! Happy to talk. Make sure you join your local REIN as well.

Post: No well on property, title insurance

Karen Wanamarta
Posted
  • Investor
  • Nashville, TN
  • Posts 55
  • Votes 17

@Dennis Carter II I don't see why title would cover this. Did you use a home inspector? 

Post: Moira Here, Middle TN.

Karen Wanamarta
Posted
  • Investor
  • Nashville, TN
  • Posts 55
  • Votes 17

@Moira Grajczyk if you're open to selling I have a buyer for this! Otherwise, I would check with your local zoning/planning department to confirm that you can add tiny homes to the property and what inspections/septic systems need to be set up. Are you planning on furnished or unfurnished? 

Post: Moving to Nashville, TN for CRNA School: Options?

Karen Wanamarta
Posted
  • Investor
  • Nashville, TN
  • Posts 55
  • Votes 17

@Chris Allen I would sell properties as needed. If the Fed cuts rate later this fall you'll have an easier time selling! One of my clients was a W2 employee before starting nursing school and she bought a home prior to quitting her W2 job so she still qualified. Happy to talk this through. Depending on your family situation and school location it could make sense to rent vs buy, but I generally prefer to buy if you can find an affordable home that meets your needs. 

Post: Rent Payment excuses

Karen Wanamarta
Posted
  • Investor
  • Nashville, TN
  • Posts 55
  • Votes 17

@Steve Cribb you need to send them a 14 day notice to cure. Your attorney should have one or you can find a form online. Make sure you send it by certified mail. Unless you want to do the eviction yourself, hiring an eviction attorney can be expensive. How many months do they have left on the lease? How much of a security deposit do you have? Feel free to reach out with questions. Depending on the county the property is in I could recommend you an attorney. 

Post: Sell our current business to start full-time flipping?

Karen Wanamarta
Posted
  • Investor
  • Nashville, TN
  • Posts 55
  • Votes 17

@Haley Elisabeth I would not sell a stable business, especially if you are new to flipping. Flips are sitting on the market longer, inventory is up and demand is down year over year. I would use hard money to start. Paying interest is better than not being able to access your money unless you can comfortably take a 100k swing in your finances. If you have enough equity in your personal home, you could consider doing a cash out refi and using that to start your flips. Happy to talk more in depth. Feel free to DM. 

Post: Need Help Deciding on Rental Strategy for New Construction in an "Up and Coming" Area

Karen Wanamarta
Posted
  • Investor
  • Nashville, TN
  • Posts 55
  • Votes 17

@Emily Runyan Have you tried reaching out to ALE Solutions? Medium term housing for insurance claims. They pay well. 

Post: Long term rentals

Karen Wanamarta
Posted
  • Investor
  • Nashville, TN
  • Posts 55
  • Votes 17

@Zachary Dylan Nelson Do you currently own your primary residence? Best place to start is with yourself! Clarksville has a lot of creative financing deals so you don't necessarily need to put 20% down for an investment property. Feel free to reach out if any questions.

Post: Wholesaling in TN - Just starting out

Karen Wanamarta
Posted
  • Investor
  • Nashville, TN
  • Posts 55
  • Votes 17

@Zak Blaine realtor/investor here and I can connect you to some wholesalers I work with who are professional and legitimate. Feel free to PM.