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All Forum Posts by: Matthew McDermott

Matthew McDermott has started 1 posts and replied 20 times.

Post: Real Estate Investors in Huntsville/Birmingham AL

Matthew McDermottPosted
  • Real Estate Broker
  • Huntsville, AL
  • Posts 22
  • Votes 25

@Liza Dydyshka

Awesome and welcome. I'm in Huntsville and would be happy to connect and provide any value and resources possible.

Planning on having a few investors over next week to be on the local investing podcast we are launching.

Depending on what you're looking for I can invite others.

Message me

Post: BRRRR or Traditional financing for first deal

Matthew McDermottPosted
  • Real Estate Broker
  • Huntsville, AL
  • Posts 22
  • Votes 25

@Tucker Fife

@Tucker Fife

You're knocking it out of the park with what you're doing at 24. I can tell you're learning the important stuff and wanting to be smart with your deal.

Huntsville is my favorite investment market in the whole country.

I don't think a brrr is too much for a first deal. My first 3 were brrr. What I might say is to take on a light remodel with your first nest egg you're using. I wouldn't want to take on a job needing to move walls, electrical, plumbing etc in a real old house that you never know what all will be involved. You could do a lighter remodel though.

I wouldn't be worried about doing out of state either. Im a local Huntsville Real estate agent, property manager, and run a remodeling company to help our clients have 3 of their core 4 at one stop. Almost all of our clients are out of state. Talking with references of other investors who have used the GC, PM, and Agent is paramount especially those who have done brrrs. That way you feel can sleep at night knowing you're working with someone who is not fly-by-night but has a reputation and commitment.

Send me a message with your questions. Would love go be a resource for you as you grow your portfolio

Post: Turnkey quad in Decatur near Huntsville

Matthew McDermottPosted
  • Real Estate Broker
  • Huntsville, AL
  • Posts 22
  • Votes 25

@Gorden Lopes Great Find. Great Buy. Good job Gorden.

Post: Investment groups in Huntsville

Matthew McDermottPosted
  • Real Estate Broker
  • Huntsville, AL
  • Posts 22
  • Votes 25

@Engtavius Briskey-Chappell Hi. I have been having zoom meetups with investors who focus on Huntsville. Its been awesome and we've brought a lot of value to each other.

Would love to connect and help in any way.

Post: Huntsville Area Property Management Recommendations

Matthew McDermottPosted
  • Real Estate Broker
  • Huntsville, AL
  • Posts 22
  • Votes 25

@Neely Coble

Hi Neely. I am a local property manager with many bigger pocket clients.

We have long term relationships because we

-communicate quickly

-have substantially less fees than the industry standard

-and guarantee our tenant placement

Let's connect and see what value I can bring you and your property.

Post: Birmingham AL & Surrounding Areas

Matthew McDermottPosted
  • Real Estate Broker
  • Huntsville, AL
  • Posts 22
  • Votes 25

@Caleb Bryant

"Zoom meeting for like minded real estate investors to collaborate, share insights, suggestions, resources, ask questions, and grow.

The object of the meeting:

To educate ourselves more about the real estate market in the area

To share resources for greater success and efficiency in growing our portfolios

To create synergy by working together and making connections

The call is open to current investors, beginning investors, and those thinking about investing in the area.

Please come with questions for the group or experiences to share."

Post: Birmingham AL & Surrounding Areas

Matthew McDermottPosted
  • Real Estate Broker
  • Huntsville, AL
  • Posts 22
  • Votes 25

@Thea Jenkins, @Jill Herzig, @Brad Peralta, @Scott Rivers, @Account Closed

A virtual meeting has been created for tomorrow, Friday, October 23 at 3pm CST (Huntsville Time).

Here is a link to the meeting. It has been posted in the events section of BP. It has all the video call information.

For any questions or issues with getting on please message me directly.

https://www.biggerpockets.com/...

Post: Investing in the Greater Huntsville AL Area

Matthew McDermottPosted
  • Real Estate Broker
  • Huntsville, AL
  • Posts 22
  • Votes 25

Matthew McDermott is inviting you to a scheduled Zoom meeting.

Topic: Investing in the Greater Huntsville AL Area

Time: Oct 23, 2020 03:00 PM Central Time (US and Canada)

Join Zoom Meeting

https://us02web.zoom.us/j/8273...

Meeting ID: 827 3653 7483

Passcode: 250163

One tap mobile

+13126266799,,82736537483#,,,,,,0#,,250163# US (Chicago)

+16465588656,,82736537483#,,,,,,0#,,250163# US (New York)

Dial by your location

+1 312 626 6799 US (Chicago)

+1 646 558 8656 US (New York)

+1 301 715 8592 US (Germantown)

+1 346 248 7799 US (Houston)

+1 669 900 9128 US (San Jose)

+1 253 215 8782 US (Tacoma)

Meeting ID: 827 3653 7483

Passcode: 250163

Find your local number: https://us02web.zoom.us/u/kBD3...

Post: Birmingham AL & Surrounding Areas

Matthew McDermottPosted
  • Real Estate Broker
  • Huntsville, AL
  • Posts 22
  • Votes 25

@Thea Jenkins

Welcome to the bp world. Yes I agree that this medium has been more efficient for working with others and connecting in helpful ways.

I haven't invested in Birmingham but I know the market is great there too.

I have focused on Huntsville and the surrounding cities (Madison, harvest, Decatur) and have had awesome experiences and great returns.

I am a real estate broker with a focus on investment properties and property management, but I am also an investor myself so I am excited to connect even on an investor to investor level and just share thoughts and experiences for the area.

It'd be great to connect more

Post: Birmingham AL & Surrounding Areas

Matthew McDermottPosted
  • Real Estate Broker
  • Huntsville, AL
  • Posts 22
  • Votes 25

@Thea Jenkins I've been wanting to set up a zoom conference call to talk about experiences and share insight in the investments we are all doing in the greater Huntsville area.

Do you think this Friday or following Monday would be better?

I could set it up and send out link information to everybody. We would just need to decide what day and time is best.