All Forum Posts by: Michael Santorios

I started investing with JWB back in 2016.  I was new to working with a property manager as I always managed my own since 1991.  I now realize what a big mistake I was making.  JWB has make it so easy that we've now built a substantial portfolio of properties in Jacksonville that JWB manages for us.

I couldn't be happier with JWB and my Portfolio Manager, Ashley Hatten. 

@Karim Z. , I've never looked at ATL but would assume it would be a good. If you find the right property management company and the property(s) have all the right "numbers" for a good ROI, I'd consider it. The only reason I settled on Jacksonville was because I received a referral to the Turn-Key Property management company JWB whom I love. I also spoke with Memphis Invest and was very impressed with both companies. I would work with either, but I settled on Jacksonville because I know Florida better than Dallas, Houston or Memphis, and the properties I bought has the right ROI and purchase price. I also plan on moving to Florida once I retire.

Karim,

I too live in Northern VA., and you're right about how hard it is to get cash flow in this area. You may want to consider an out of state turn-key rental property. I sold my Bethesda Condo because the taxes and condo fees were going higher than the rent could keep up killing my ROI. I took the proceeds from the Bethesda property and purchased (2) two single-family homes in Jacksonville, Florida. There are a few great Turn-Key companies working in Jacksonville, Memphis, Houston, and Dallas. You may not get the appreciation from the DMV, but if you're looking for cash-flow out of state will give you a much better ROI. Best of luck to you.

I believe you're referring to the mobile home area off Route 50. You're buying the home but have to pay ground rent. The homes are also in the direct path of planes landing at Dulles airport so it's very noisy all day and night.

Call Perry @ http://anchorpropertyservices.com.

Hi @Jake Torrens , welcome to NOVA. 

@Paul Munly  welcome to BP from a fellow Northern Virginia Real Estate Investor. 

BP's, 

I've searched the documents section and there doesn't appear (or I can't find) a simple excel document for "tracking".  I simply want to keep track of the deals submitted where they are (i.e. rejected, waiting for reply, follow-up, withdrawn from the market).  

Thank you,

Michael

Hi Jae,

Check out Univeral Title (http://www.universaltitle.com/), they should be able to help. 

Michael Santorios

Hard Hat Homes, LLC

(www.hardhathomes.com) 

Hi @Bill Baldandorj. From one Chantilly, VA REI to another, welcome to Real Estate and BP. Best of luck to you. Lots of great information here.