All Forum Posts by: Ryan Budil

I would love to see an update as well.

As great as the economy looks right now, I am concerned that there will be a recession in the near future. I don't think that it will be like the last one we went through 9-10 years ago, but a correction should be here soon. I don't want to make a move and then have the property be valued less than what I paid for.

Interesting question to ask with some good follow up. I have never even thought to question Zillow's zestimates before reading this. 

Best response goes to @Mike Cumbie ... Reminds me of the movie the Anchorman. "60% of the time it works... every time." 

@Robert Lindsley I too am looking at places in CT. Please update us on how things work out for you.

Oregon does have some rainy/cloudy days, but that is mainly on the westside of the state. Look in to Bend, Oregon.

It gets quite cold, but the sun is almost always shining. The people are friendly, lots of local brew pubs, lots of outdoor activities from hiking, skiing, white water rafting and great schools.

Good luck!

Thank you to everyone who has posted!

I have talked to a couple of turnkey companies, but after initial contact I haven't heard back from them. Even when I have reached out! So, I am a little less enthused with them.

I have been using my time watching more podcasts and have picked up some books to further educate myself. Also, I have been communicating with several other BP members and have gotten some great advice!

One question that I have that I couldn't get answered is, how are turnkey properties priced? I have heard that they tend to be around market value, with little room for negotiation. I have even heard of some companies pricing properties above market it some areas. Has anyone had experience with this?

Awesome! Congratulations on the big move! Best of luck to you!

That's great to hear!

Congrats on your investment! Any status updates on the performance? Has everything worked out as planned?

I am considering making my first investment as well and would love to hear about your experience.

Best of luck!

Ryan

Has anyone here worked with Memphis Investment Properties before? If so, can you tell me about your experience with them? How are the property managers? Any issues?

Thanks in advance!