All Forum Posts by: Taz Zettergren

@Sachin Sharma I agree with the others, I'd put more money down vs paying $300 per month. Or look at buying single families. There are compaines out there offering 5.75% interest rates for properties that are already renovated, rented and cash flowing positively in DFW. Best of luck! Feel free to reach out if I can be of any assistance

 Yes that will vary depending on what site and depending on what neighborhoods you're looking at. For a very general overview Rentometer is a great resource. I've found a lot of success here in Memphis and Little Rock but those other markets I've mentioned are great as well. 

@Stephen Williams hate to hear that's the case. Send me a DM I can get you in contact with a general contractor who also owns a PM company. 

@Zane K. I have a few clients who have properties in Huntsville and they've been pleased, it hits the goals you're looking to achieve. Other great areas to include would be Memphis, Little Rock, OKC and Tulsa. Feel free to reach out if you have any questions about these areas. Best of luck on the search! 

@Abigail Lipson there are companies that buy properties, completely renovate them, sell them to investors and property manage for those investors as well on the back end. If you were to go the turnkey route I'd advise going with a company that handles the entire process from start to finish. I'd also suggest for you to talk with other companies and go visit your top 2-3 options in person to get a better idea of the teams and systems/processes that they have. 

I work with a lot of investors who own properties in Austin and their battling the same thing you are right now so they've shifted to areas like SAN, DFW, Memphis, Little Rock, OKC and Tulsa for a variety of reasons but the top are price points are lower and rents are stronger. Feel free to reach out if I can be of any assistance. Best of luck on the journey! 

@David Matthew I hate the thought of giving up the sub 3.5% loans but if you're ROE is sub 4% then I believe you're having the right thought process if a cash out refi or heloc isn't feasible right now. I work with dozens of investors who have done 1031's into the souther/middle part of the country where the price points are much easier and the laws are more friendly. Feel free to reach out if I can be of any assistance. Best of luck! 

Memphis is a great market to be in, little more favorable from the cash flow standpoint than Nashville. There's a large presence of blue collar workers with a strong rental demand. Would be happy to talk through the ins and the outs of the area. 

@Taylor Barlow Texas is a great place to start with the appreciation. I have hundreds of clients who invest there and I'd be happy to intro you to an agent over there as well as a PM company, send me a dm.

Memphis, TN/north MS is a great place to look as well. The price points are much easier and the laws are landlord friendly as well. Best of luck on investing! Looking forward to talking with you soon.

@Priya Gohil Memphis is a great market that's landlord friendly with a very low entry cost. There are tons of economic stabilizers and with the addition of XAI coming to town and the Ford Blue Oval plant this is helping the economy even more. 

@Megha Malhotra I've heard good things about @Engelo Rumora

@Steve Roger Memphis is a great market as well that's affordable, still cash flowing and landlord friendly. Best of luck on the journey!