All Forum Posts by: Mike Tetzel

Sent you a PM

PM’d you. 

Off market four-plex available only a few blocks from Centennial Medical Center, Centennial Park, and Vanderbilt University. Call me 615.796.3564 with questions. 

2,000+ sq. ft. house on just under an acre in the north part of East Nashville. Nicely rehabbed comps pushing $400,000. Cash or cash equivalent to purchase. Call me 615.796.3564 if interested. 

Hey Ryan,

Welcome to BP. Mount Juliet just popped up so I thought I would reach out. I live in Hermitage and moving to Donelson in the next month or two. I worked for multiple large regional and national builders, so that experience has helped me a lot. Good luck with the goals and looking forward to doing some deals in the future. 

Someone that actually takes accountability instead of blaming others...great story!

Hey Jarrett,

I live in Riverwood, right off Old Hickory in Hermitage. The area is really growing since Downtown is getting so expensive, its pushing more affordable out of the city. In your situation, I would strongly consider selling because of multiple factors. 1) You can build your cash reserves up, which is necessary for you to continue to succeed in real estate. 2) The hassle of rentals at a distance when you move. I still have a handful in North East Ohio that I purchased around 2008-2011, but they really become a hassle if you don't want to take the time to maintain them. Also, staying with your parents will give you time to look for a really good investment moving forward. Last point I'll make, I have been in real estate since 2005 and I saw a LOT of people go from having plenty of equity to having negative equity during the downtown. I'm not saying thats going to happen again but I would say your not in a financial situation to withstand that type of downturn, so consider minimizing your risk and sell. Hope that helps! 

Eric Hensley at Parks in the Gulch. He partners with me on new construction builds downtown Nashville, has many investor clients and buys/sells all my properties. Great guy...comes off with a strong personality at first(6'7" 375 lbs - Vandy ex-football player) but is a great asset for me.

Thank you very much @Luka Milcevic. I tried to attend but couldn't make it, so I really appreciate the summary. Very thoughtful!

Thank you for the numbers! It helps for a benchmark with the couple we're building in North Nashville.