All Forum Posts by: Nate Hammond

 Thank you for the quality input! You laid out my exact problem (a good problem to have). I think I need to get some more concrete numbers on the rentals and “do all the math”. I know in the long run my 3rd option is the biggest wealth builder but also takes on the most risk. 

 Short and sweet lol. I like it! Thanks for the input. 

Hey everyone,

I'm about to inherit a substantial amount of money through my fathers estate. The amount of money is enough to:

1. Pay off my primary mortgage...OR
2. Buy two turnkey properties for cash through a place like Mid South Home Buyers...OR
3. Buy around 5 turnkey properties via financing through a place like Mid South Home Buyers.

My mortgage payment is approximately $1,600/month. Simply getting rid of that payment would be nice and a huge breath of fresh air.

Buying two properties for cash would bring in enough cash flow to cover my primary mortgage payment.

Buying 5 properties via financing is obviously the most "long term" wealth building option, but also comes with more risk.

I understand most of the pros and cons of each option but I would love some more opinions of these options.

Thanks in advance!

@Daniel Masamey

I’m not sure why I’m just now seeing this notification. Sorry for the delay. Yes, I’ve bought in Lawrence Township and the Devington neighborhood so far. Pretty much C-class all the way. 

@Ray Sizzum

You went by his property? Talked to the neighbors? Talked to Tyler? You just came in saying all this stuff with no context. Thanks

@Ray Sizzum

Can you please elaborate on your posts?

@Jay Hinrichs

Wow! That’s crazy! How will this effect their clients, like @Tyler Jahnke?

@Tyler Jahnke

Thank you for the reply! I’d love to hear about your experience with property #2 as well. I’m currently in escrow for my first property in Indy with a different turnkey provider (not Morris Invest). I’m planning on heading out to Indy this summer and attempt to create the relationships that you’ve made. Thanks again!

Hey @Tyler Jahnke,

Thanks for the update! Are you planning to use another turnkey provider for property #2 or are you sourcing the property yourself? Thanks in advance!