All Forum Posts by: Manish Varma

I have a property under contract (home inspection done already), which needs some repairs. Also will need a PM to take care of it. Property already has a tenant who lives there since 2016.

I really appreciate recommendations on a General Contractor and Property Management companies there.

Thanks,

Manish

@Shamsul Chowdhury, did you end up with the investment there?

I am following same route and new to REI, maybe I can learn from your experience.

Thanks, and looking forward to hearing from you :)

@Annie Johnson, I just started exploring Jamestown, NY. I am curious if you could share some lights on your investment in this area and some recommendations about good local investor friendly realtors and property managers.

Really appreciate your inputs @Zach Westerfield and @Shun Riggins!

I will do some more research about this market before doing any investment there. Shun, I might reach out to you if and when I am ready to invest in Macon, GA. Thanks again!

I am looking for suggestions if someone can share their first hand experience about this market.. also some good recommendations about reliable property management/contractors.

To find off market deals?

@Ali Boone, Thanks!

It does make a lot of sense.

Just started thinking about REI 2 months ago. Did some analysis and was really impressed how good the ROI can be (of course if done right!).

Then talked to some realtors for out of state investment properties (as I live in CA) and turnkey properties companies.

What I see now is:

- New construction properties: Price way too high!

- Older constructions: people selling the property they bought 6 months ago, rehabbed and now selling it for 100+% of their purchase + Rehab cost. (One example, 100+ yrs old property in IN, originally purchased for 42k in July 2020, now after rehab listed for 139k).

Anyone else also feeling the same or it’s just me? Or it’s totally normal and that’s how it works?

@Brandon Despras, I am afraid I am not ready yet. let me do some basic analysis before I move forward.

Don’t want to get carried away with numbers, doing more rewards vs risk analysis right now.

@Sachin Amin, thanks for the advice. I will explore more about them.