All Forum Posts by: Katherine Hite

@Matt Hudson

Of course! Let me know if you have any questions about the process or would like more insight on the neighborhoods and strategies with the most opportunity here in Music City! 

That is fantastic! Thank you so much! Best of luck! 

Hey @Carson Plant

Short answer: it's impossible to say whether the market has peaked or not! I agree that more and more homes are coming on the market overpriced but because of that, they are sitting longer which could be great for the patient yet posed investor. Additionally, as I'm sure you've heard, Amazon and EY (among other business heavy-hitters) are bringing over 5,000 jobs to the city this year; these are mostly high-paying roles that are projected to increase the average rent rate by $300! I think this makes a great landscape for both flips and BRRRR rentals; it all depends on the neighborhood! We have not felt the last of this strong arm market yet! I would love to help you find the best property(ies) for you that meets all your needs and satisfies your short and long term goals! Please let me know if I can answer any other questions or provide more insight to you!

Hi @Chris Maurice

I absolutely do not agree with the lenders who told you it was impossible to do a 5% down, conventional loan on a primary residence multi family, that is absurd! I would call Kyle Deutschmann at Reliance First Capital immediately! Not only is he a fantastic financier and loan analyst he is an investor himself and an avid BP listener! He specializes in investor financing and loves getting creative so he sounds like the perfect person to talk to! 

Best of luck! 

Hey @Pat Marin-Finn

First off, welcome to Nashville! I think this a great market and near perfect time of year to get some skin in the game in Music City! I am a Realtor/Investor specializing in the Metro Nashville area; I got into my first house-hack last year and am looking to get 2 more income producing properties before 2020! I agree prices seem to be inflated due to overpricing which is causing properties to sit on the market for longer which in fact could be a good thing for the patient yet posed investor!

As far as STR's: I recently went to an agent-only panel held by my brokerage with representatives from our Metro Codes office and I will say that at the moment STR's are being pushed out of residential neighborhoods by the hotel industry. However, more and more developers are building with us in mind!

I work with a developer that's actively building STR friendly properties. Alloy, a unique community up on a hill, literally across the street from the soon-to-be new MLS stadium, with reaching downtown views, is in a burgeoning neighborhood feeling the heat of surrounding Nashville hot spots like Wedgewood-Houston (or WeHo as you may have heard). There are 3 story townhomes available built with investors in mind as they are 100% STR qualified.

Another development I know of is called Contralto, it is a condo community on Church Street, right smack in the middle of all the action Music City has to offer. There are about 10 studio units left, all of which are again 100% STR eligible!

 I would love to help you find the best property(ies) for you that meets all your needs and satisfies your short and long term goals! Let me know if you'd like to talk more about investment strategies, the market, or Music City in general; I take it upon myself to be the one-stop-shop Nashville Tour Guide to every new pair of boots that touches down in my town!

Hey @Matt Hudson

If you're looking to talk with a like-minded financing pro, reach out to Kyle Deutschmann. He is an avid BP listener and a fantastic Lending Analyst here in the Davidson-Williamson area, working for one of the top rated companies on LendingTree! Looking for creative financing? He's your guy!

Hey @Bryce Rodgers!

Welcome to the forums, I'm pretty new here myself and I love connecting with rooks and vets alike! Congrats on buying your first property, the first is usually the hardest so great job getting over that hurdle! I am a Realtor/Investor specializing in the Metro Nashville area; I got into my first house-hack last year and am looking to get 2 more income producing properties before 2020! I wouldn't say the market is slowing down so much as homes are sitting longer in certain areas due to overpricing, which could be a great thing for the patient yet posed investor! I think flips and BRRRRs are almost always a good idea in almost every neighborhood in the city! As I'm sure you've heard Amazon and EY (among other business heavy-hitters) are bringing over 5,000 jobs to the city this year; these are mostly high-paying roles that are projected to increase the average rent rate by $300! I would love to help you find the best property(ies) for you that meets all your needs and satisfies your short and long term goals! Let me know if you'd like to talk more about investment strategies, the market, or Music City in general; I take it upon myself to be the one-stop-shop Nashville Tour Guide to every new pair of boots that touches down in my town!

Hey girl!

First off, welcome to Nashville! I think this a great market and near perfect time of year to get some skin in the game in Music City! Whether or not the market favors one strategy or the other, to me, completely depends on the location/neighborhood! I would love to help you find the best property(ies) for you that meets all your needs and satisfies your short and long term goals! I am a Realtor/Investor specializing in the Metro Nashville area; I got into my first house-hack last year and am looking to get 2 more income producing properties before 2020! Let me know if you'd like to talk more about investment strategies, the market, or Music City in general; I take it upon myself to be the one and only Nashville Tour Guide to all newcomers and visitors alike! 

@Blake Dailey

I agree/disagree with Kyle, most anything outside of Davidson-Williamson Co. is definitely "affordable", true. Great idea to do a MF outside of the Arnold Air Force Base as I would assume you might have a lot of transplants looking for rental options! I am a Realtor specializing in the Metro Nashville area and while I agree the prices are higher, I still think there are fantastic opportunities for successful BRRRR/buy and hold properties, especially considering that Amazon and EY (among other business heavy-hitters) are bringing over 5,000 jobs to the city this year! These are mostly high-paying roles that are projected to increase the average rent rate by $300! Additionally, I recently went to a Realtor-only panel held by my brokerage where we invited executives from out Metro Codes office to come and talk more about what's happening with STR's in the city as well as answer our questions and while there is a crackdown in residential neighborhoods/zoning, more and more developers are building projects with investors in mind (meaning full STR eligibility)! I have 2 developments off the top of my head that still have units available, if you'd like to know more, please feel free to message me for deets!

Also if you're looking for a fantastic lender, I would hit up Kyle Deutschmann, he is an avid BP listener and investor himself working for a top rated company on LendingTree! 

@Kara Jordan

One of my best friends lived right in downtown Silver Spring for a while! I love that area! What brought you to TN?