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All Forum Posts by: Dave Malone

Dave Malone has started 3 posts and replied 66 times.

Post: Middle Tennessee market slowing down?

Dave MalonePosted
  • Lender
  • Nashville, TN
  • Posts 75
  • Votes 25

I’d say NO unless your selling a farm. Condominiums could be a bit over priced but not far off from last year. Supply is down from last year so that’s a plus for a seller. 

Post: Nashville Mastermind for Real Estate Investors

Dave MalonePosted
  • Lender
  • Nashville, TN
  • Posts 75
  • Votes 25

Thank you for planning this! Im excited to hear you put this event together. 

@Isaura Orellana

NICE, response! He can stay out of the market but please let me in. I’ve been “looking” up there (from Nashville) but haven’t done anything yet, but this post may mean a trip to Detroit.

Post: Charge $99 for service fee for doing nothing!

Dave MalonePosted
  • Lender
  • Nashville, TN
  • Posts 75
  • Votes 25

I owned a service company for several years and our minimum charge was $150.00. Overhead is expensive, rent insurance payroll fica gas vehicle etc. I’d much rather send our staff out to do a $4000.00 job then a minimum charge job, we made no money on them but provided a service to continue to get the larger sale. 

Post: Moving to Nashville - Introduction

Dave MalonePosted
  • Lender
  • Nashville, TN
  • Posts 75
  • Votes 25

I’m new to Nashville as well (just hit 9 months) meetup.com has several different networking groups. http://meetu.ps/c/12LKl/139jT/...

I’d be happy to meet with you when you and talk once you arrive. Good luck with the move! 

Dave 

Post: How to determine price of BRRRR

Dave MalonePosted
  • Lender
  • Nashville, TN
  • Posts 75
  • Votes 25

I have a similar question,,, I’m looking at houses  and wonder if anyone has a purchase price range that seems to work well??? I’ve ran numbers on houses from the 50k to 75k initial purchase price but wondering if buying something more expensive is the better way to go as the “percentage” of repair cost goes down. ( example it cost about the same for new an HVAC system or shower tile) 

Thanks for the input. I’ve actually tried that,,,  I haven’t found an apartment community that allows for it in Downtown Nashville.

Thank you for advice. If I had enough solid contractors I’d consider that,,,In the current economy I can barely do two at a time. 😬