09/24/2026
My first time investors finally pulled the trigger! 😃
Would you believe this was a conversation for nearly 4 years? 😱
Congratulations to Dr. Holmes and Vanessa! They had capital they wanted to invest in the market but man did that seem like a new venture. But this year we finally talked about how to approach investing in real estate while mitigating your risk.
1. Underwrite your deals with margin for error and consider those hidden costs like vacancy and maintenance. If you have to eliminate certain operational expenses or force higher rents than market value to make it work, it probably doesn't work.
2. Factor in good property management so that it doesn't become a part time job and creates a formulaic system for how tenants are managed.
3. Be sure you're dealing with a good property to start to minimize maintenance costs and constant capital upgrades. This creates more profitability over time.
They trusted the process, we found an off market deal, and now we're here 🥳🥳🥳
Buy, sell, invest, or strategize with the best! If you're looking to invest your capital in a real estate opportunity, give me a call. Let's talk about your options.
TJ Ojehomon, ABR®, PSA®, SRS®
"The Nashville Teaching REALTOR®"
Listing Specialist | Partner
FYKES Realty Group Keller Williams
615.592.1045
