All Forum Posts by: Nick Johnson

Looking for info on trustworthy companies that offer "turn-key" solutions.

Looking for a RE Agent/Realtor that will help an out of stater stay away from money pits and areas that won't rent.

Looking for solid quality Property Management that won't take advantage of someone out of state.

Looking for someone to toss me some pitfalls to avoid that can happen in TN that someone in CA might not be looking out for due to lack of TN experience.

Etc....

Thanks @Wayne!!!

I am looking for someone that owns SFRs or 1-4s in Nashville, TN that I can ask a few questions to if you have the time. Feel free to post here or send me a private msg. I would love to pick the brain of someone that is currently working there to help me NOT make a mistake.

Thanks a million!!!!!

Considering the Atlanta area for a possible move within the next 1.5-3 years.

Looking for a middle to upper class neighborhood surrounded by other middle to upper class neighborhoods (dont want paradise in the middle of the ghetto) within a 15-25 minute commute to downtown.

Where would you consider a good place to raise your family?

Annual household income will be in the $115-$200k area.

I am open to ideas and also to places or zipcodes that I should avoid like the plague!

Thanks for any and ALL input!

Alfonso,

You can also look into local Real Estate Investor clubs in your area that might have free meetings that you can attend and learn what others in your area are doing. Soak it all up like a sponge.

Good luck with your learning process and just remember to take your time as to not put the cart before the horse.

Tons of advice! Thanks so much for taking the time and keeping the thread on track!

I like the ideas and feel that there are a few that I think would meet my objectives.

I am always looking for new ideas and better information, so if it's out there, please send it.

I just want to have a plan on paper before I make the first purchase. Better to have a plan ahead of time than to be stuck in a situation and can't meet my long term goals.

Thanks again guys/glas!

I am curious how guys and gals that want to have a long career with real estate investing can perpetuate their capital.

Here is my question:

Let's say that you have $50,000 capital to start with.

You buy a $100,000 property and put $10,000 down.

At this rate you can only buy 4 or 5 before your initial nut is spent.

How do investors continue to come up with down payment money in order to perpetuate buying on a long term schedule?

I would like to buy and hold for long term rental income, not flip. Is this possible?

Thanks for taking the time to give me your ideas!

I know that it has only been a few days, but please keep us posted on how this deal develops. Thanks!

Sounds like a deal Tim!

No telling if I will get it but I will keep you posted for sure :) Somehow I will work out the best way to invest there for myself. Worst case I might end up visiting (if I don't transfer) in order to invest. If that's the case, we can split the bill ;)

Tim,

I just applied for a transfer to Indy. We'll see if I hear anything back. :)

Good idea. Thanks Christian!