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All Forum Posts by: Ryan Alacon

Ryan Alacon has started 5 posts and replied 30 times.

Post: Investor Friendly Banks/Lenders in Memphis

Ryan AlaconPosted
  • San Diego, CA
  • Posts 30
  • Votes 12

To add the rehab budget, we just let the closing company know to make sure to add it to the HUD. It was as easy as that. You send them the funds for purchase, closing fees, insurance if you will have them pay it, and rehab funds. After close, we received our rehab funds back.

Post: Investor Friendly Banks/Lenders in Memphis

Ryan AlaconPosted
  • San Diego, CA
  • Posts 30
  • Votes 12

I used Aaron Chapman for a BRRRR we just completed a couple months ago. Great, knowledgeable team and very responsive. I would use them again for 1-4 unit properties. Make sure to spend a little time talking to Aaron directly to let him know your strategy.

Post: Looking for San Diego Meet Ups

Ryan AlaconPosted
  • San Diego, CA
  • Posts 30
  • Votes 12

Hey @Danielle Wolter,

Have you used the Meetup app before? You can enter in your interests, like "real estate" and a whole bunch of meetups should pop up. Hope this helps!

Cheers

Post: Any investors in the Rozelle (38114) area?

Ryan AlaconPosted
  • San Diego, CA
  • Posts 30
  • Votes 12

@Randall Weatherall thanks Randall! I’m still getting a feel for the market so this is helpful. 

Post: Any investors in the Rozelle (38114) area?

Ryan AlaconPosted
  • San Diego, CA
  • Posts 30
  • Votes 12

@Account Closed awesome tip. when I'm in town, i'll make sure to try the BBQ. 

Post: Any investors in the Rozelle (38114) area?

Ryan AlaconPosted
  • San Diego, CA
  • Posts 30
  • Votes 12

@Account Closed thanks for your thoughts on this. It seems like gamble today but at the right price, I think it might be worth it.

Post: Any investors in the Rozelle (38114) area?

Ryan AlaconPosted
  • San Diego, CA
  • Posts 30
  • Votes 12

@Curt Davis thanks for your thoughts. 

Usually, would an appraiser take location from street to street in their calculations for an ARV or appraisal? Comps on the area are difficult to asses and vary significantly from west vs east side of Lamar Ave.

Post: Any investors in the Rozelle (38114) area?

Ryan AlaconPosted
  • San Diego, CA
  • Posts 30
  • Votes 12

Hi!

Do you have an investment property or live/work/play in the Rozelle (38114) area? Due to its close proximity to Cooper-Young I was wondering if any gentrification has started spilling over to the outside edges of some popular neighborhoods.  Any thoughts or advice is appreciated!

Thank you!

Post: Market Cap Rate in Jackson, TN

Ryan AlaconPosted
  • San Diego, CA
  • Posts 30
  • Votes 12

Hi! I’m also looking at the Jackson tn market. I’m open to discussing the market with anyone and sharing ideas. I’m new to RE but will share whatever info I can.

On another note, does anyone know if any REI clubs or meetups exist in Jackson?

Thanks 

Ryan

Post: Memphis? Memphis. Memphis!

Ryan AlaconPosted
  • San Diego, CA
  • Posts 30
  • Votes 12

@Chad Baird I'm going to try and revive an old thread. Any updates on your Memphis investments?