All Forum Posts by: Account Closed

@Shawn Holsapple I really appreciate your guidance. As a new investor, I am alarmed by how money investors were promised Heaven only to receive Iraq. 

It seems like you focus predominantly on SFH - Just curious why you are staying well clear of multifamily units? I definitely have my eye on properties that rent for $ 700 plus.

Thanks again for your thoughtful response, much appreciated.

@Anthony G You, sir, raise an excellent point. I guess as a soon to be dad to, I am probably overthinking the whole school thing :)

Thanks so much for your response as it is broadening my horizons :)

@Account Closed Thanks so much for taking the time to respond, as someone who was a teacher for 10-years, I will concede that there is much more to a school with a 1/10 rating as you correctly pointed out. However, my  experience also tells me that a school typically has a poor rating for a reason and changing the perception is no easy task. 

On a personal level, I am concerned about acquiring a property in an area where the assigned schools have a rating of 3 or below as it appears that there is a strong correlation between low school ratings and high crime areas in Indy. 

High crime and low school ratings are certainly red flags in my book. Again, I will concede that many investors have made fortunes investing in such areas, but there has also been a few casualties along the way :)

Hi there guys,

I just relocated to Indy and noticed that the majority of multifamily and other investment opportunities appear to be in areas with shockingly bad schools - ratings from 1- 4 out of 10.

When I look at all the turnkey properties, I am yet to find houses or multifamily units in great school districts, 7+ for assigned elementary middle and high schools. It appears that many TK properties have an average school rating of 3 out of ten.

I am wondering why one would invest in areas with below or even average schools if you have a buy and hold strategy?

Any areas with good schools and decent returns you could recommend? Thanks for reading and I look forward to hearing your thoughts.

@Marco Santarelli

Your clients must very satisfied with your "product" which is awesome. I wish your company every success in the future!

@Marco Santarelli

Thanks so much for taking the time to respond, I really enjoyed your comments.  In your experience, how difficult/easy is it for a TK investor to offload properties to another investor when wanting out for one reason or another? AND how would an out of state investor go about selling the property? I am assuming most TK companies would provide this "after service?"

I am definitely going to listen to your podcast, thanks!

@Account Closed

Much food for thought indeed, and thanks so much for alluding us to the benefits of the combination approach OR what am going to call the "tri-vesting approach" from now on :)

@Ben Leybovich

 Are you saying there won't be CF due to higher vacancy/turnover rates, payment issues and the like? I think I once heard you say that you have to look beyond the numbers or something like that...

@Jay Hinrichs

 Very interesting comments, thanks very much for sharing! I enjoyed what you said about the new class of citizen and just about everything else :)

@Chris Clothier

I always enjoy your articles so it was great to read your comments. I know that your reputation is absolutely top notch and I follow your company with great interest!

@Curt Davis

I have also only heard good things about your company and thanks for informing us about your reasons for flipping properties to investors - I have never considered the idea of lower commissions...

@Keith Anderson

I really like what you said about analyzing the sustainability of the TK as well as understanding the economics behind the operation. Perhaps prospective TK investors should analyze the sustainability of the cash flow of their investment, much like one would when buying a dividend paying stock, something like Johnson and Johnson (JNJ)  for example. This of course would be very difficult without having a comprehensive understanding of the market you will be investing in. 

@Kevin Siedlecki

 It does seem like multiple income streams is the name of the game!

@Joe Bertolino

 Thanks for sharing your views, it has provided me with much food for thought. Oh, handing your bib  to a stranger so they can sprint across the finish line and kiss your wife at the end - hilarious!!

I just woke up here in Seoul, South-Korea and would just like to thank EVERYONE for taking the time to share their views, I really appreciate it. To be honest, some of the info went way over my head so I am going to have to read ALL the posts again...after I've had some coffee...haha.

I hope everyone has an amazing weekend and I am excited to share your thoughts with my friends at the investor club!