All Forum Posts by: Samuel Smith

I'm looking for a local or remote (would need to make sure it will be the right fit) CPA for personal and real estate tax planning and filing. I'm a small time investor but plan on growing, so I would appreciate the help guys.

I really appreciate all the helpful feedback. @Wyatt Franta

@Wyatt Franta See that's what I was thinking but from what I was reading and research a lot of people shy away from new construction because of the lack of history. @Joe Villeneuve

@Joe Villeneuve I agree with that statement but I also believe that if you are creative you can make something work that not seem like it doesn't work. @Gorden Lopes

@Gorden Lopes oh your so lucky I want a quad so bad would help me fast track my road map so much because I could house hack it. I'm definitely doing nothing but researching and networking right now doing everything I can so that when I have the funds for access to someone so has the funds I can pull the trigger.

@Account Closed I've only met with one agent so far in Huntsville Ray Petit, but do you already have investment in huntsville yourself you should PM me and talk more about it.

No areas are different what I'm saying is the sellers are raising the purchase prices to a point that the numbers don't work out. Right now my access is to on-market deals I have not broken into the off-market realm so with what I have I'm having a hard time making the numbers work out.

@Joseph Breamer Thank you for your feedback I will take that into consideration and action upon that as much as possible.

@Joe Villeneuve yes in Huntsville city limits almost everything is being affected by it I've met more seasoned investors that are saying the same thing.

@Joseph Breamer How where you able to narrow down your search criteria in Huntsville to help you locate distressed seller I'm trying to get started once I have my finances in order, I'm honestly having a hard finding good deals.

@Wyatt Franta Thank you for the feedback yea I agree it's just hard because since I'm just starting out. There is a lot of new construction going on in Huntsville right now would it be smart to buy a home near the new construction because you believe it will raise that value of the area and whats the range of improvement like that?

@Joe Villeneuve Right now Huntsville is a hot market because of the high ends jobs and all the upcoming improvement as well, the new FBI headquarters, toyota plant, new baseball stadium, and some other things as well. A lot of outside investors are here because of the potential in this market.

I'm going to be a new investor I've decided that I want my focused niche in buy and hold.

I've done my research and I would like to use the BRRRR method or creative finance (since I have an excellent credit score). I'm young so time is on my side, but I have a full-time job as an engineer so I lack the ability to go and do wholesaling. I also recently got a new job in Huntsville so most of my focus and in the new job to make sure I can keep it. Does anyone have any options on how to further define my path forward and how to get up and quicker?

I've been searching in my market that is red hot right now, I'm trying to get my analysis practice down but I'm not liking how the numbers are looking.

I look forward to this discussion thank you in advance BP members.

@Tre James The market lacking the availability of multifamily home in Huntsville since it's such a sought out for investment. Your best bet is probably single-family homes if you can get one at the right price, Huntsville is turning more into a seller market in my opinion.

The numbers are subject to change depending on other factors but I tried to get an avg and work of that. Mainly the purchase price and the ARV because it is a newly constructed area.