All Forum Posts by: Manwell Reyes

What’s up guys! Looking for a good agent in St Louis cause I’m interested in possibly scooping up some sec 8 properties. Would love to speak to someone who’s well versed in the space or knows the areas well enough to advise.
thanks so much guys!

0 Votes

Saint Louis, Missouri

Quote from @James Wise:

Quote from @Manwell Reyes:

Hey guys! I currently own a duplex in Cleveland that's doing well, as well as a house in Marion, Oh that's rocking but just came across a deal for 15 doors in Geneva which is an hour east from Cleveland and was wondering if anyone has any experience out there? The city itself is small with only 5800 people and the population has been on decline since the 90s.

I'm a tad concerned dropping 750k on 15 units without some kind of signs of population increase or stabilization. Does anyone have any thoughts or knows that market? thanks so much in advance

Geneva is pretty nice. Any of these lakefront?

No nothing lake front

0 Votes

Cleveland, Ohio

I'm a tad concerned dropping 750k on 15 units without some kind of signs of population increase or stabilization. Does anyone have any thoughts or knows that market? thanks so much in advance

2 Votes

Cleveland, Ohio

Quote from @Derek Torculas:

Hello Bigger Pockets,

Me and my partner are thinking of purchasing a property in Geneva, OH. It has a great 15% plus cap rate. 4 plex that has great bones and its fully occupied. Is this a great area to invest in? its we either purchase it or wholesale it still no sure yet. Anyone in that area? Thanks

hey Derek did you ever go through with this investment? was looking into Geneva myself

0 Votes

Quote from @Luka Milicevic:

Quote from @Manwell Reyes:

Quote from @Luka Milicevic:

@Manwell Reyes

I haven't personally done one, but have several clients that have a bunch.

There is definitely a market for mid term rentals in the Nashville area due to the medical hub of West end and several other large hospitals in the area. There is the obvious expense of furnishing the rental. You also don't have to deal with any STR regulations since you're a 30 day+ rental.

I have several property managers I can recommend. They actually have contracts with corporate clients and so your pool of prospective renters are higher. The thing is, if you want access to their corporate clients then you have to furnish the property with their furniture packages. The furniture packages they have are very expensive, but it supposedly adds 25% to your total bookings.

That sounds pretty amazing. Do the management companies have to view the property first? I’d love to get in contact with them if that’s possible?

Send me a DM and I'll send you my managers.

Awesome! Sent you some messages. Appreciate you

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Nashville, Tennessee

Quote from @Luka Milicevic:

@Manwell Reyes

I haven't personally done one, but have several clients that have a bunch.

That sounds pretty amazing. Do the management companies have to view the property first? I’d love to get in contact with them if that’s possible?

0 Votes

Nashville, Tennessee

Hey guys!

This is my first post on the bigger pockets community so I'm a newbie. I have a couple of 2/2 houses here in the area and I was contemplating making them mid term rentals for the traveling nurse/insurance company play, but I was wondering if anyone is in that space and if its doing well? And if so, do you know of a good mid term property manager here?

Appreciate any knowledge you guys might have. Truly appreciate it.

0 Votes

Nashville, Tennessee

All Forum Posts by: Manwell Reyes

Manwell Reyes has started 3 posts and replied 7 times.

Post: Looking For a Knowledgeable Agent Concerning Sec 8

Post: Investing in Geneva, OH east of Cleveland??? Good or Bad Idea?

Post: Investing in Geneva, OH east of Cleveland??? Good or Bad Idea?

Post: Geneva, OH for Investing?

Post: IS NASVHILLE A GOOD PLACE FOR MID TERM RENTALS ?

Post: IS NASVHILLE A GOOD PLACE FOR MID TERM RENTALS ?

Post: IS NASVHILLE A GOOD PLACE FOR MID TERM RENTALS ?