Charlotte NC

Alex,, lets chat this week kind of funny to be using a Aussie forum for communications from west coast to east coast.

There is another market in the Carolina's I would like to move into next year with my TWH model.

Atlanta is so huge You need to pick an area in my mind or a county or 2 and try to be an expert in those areas, thats what I have done at least. And of course being a low volume operator I am just looking for those 3 or 4 best deals a month in each of my markets  and Homes I want to own long term. I pass on all sorts of opps that come to me that are then flipped to other investors
both international and states based.

Pheniox seems to have bottomed out as well, and wholesale prices are rising in the better areas. Can still get deals on Trashflow type properties but the better deals got swooped in the last 24 months.

I am looking at starting a sister company there and going after a section of the multi family market that has been ignored or passed over some really good long term cash flow and cap rates. And I have one of my long time partners here in Oregon that has set up shop there so we self manage as a partnership, so I keep my model of everyone who touchs our property is an owner.

From an idea to inception to execution the last 12 months I could not be happier or prouder than what our group has done with TWH…. And our investors are just thrilled, I predict in the next 18 months we will not be able to take any outside money it will be all referral business I did 4 this month that are folks coming back and investing with our company again.

One of my clients has sold all 30 houses he had in Dallas and is picking off a note a month with me.. he just could never make any money in the Dallas market with the wear and tear letting fee's and VERY VERY high property tax's…

At the end of the day I would like to be in 10 stable markets picking off the finest properties and being very choosy of what we buy and who we partner with. We are in 3 now with PHX next as I stated. And then I would like to start in a particular part of Coralina for number 5.

Ducks play the civil war today… that sounds like it should be an SCC type game.  Me I am a cardinal grew up a few blocks from Stanford and Steve Jobs. Went to the same High school same grade smoked pot with him, But did not drop LSD like he did I guess thats were I went wrong ) He was a true visionary and a tough and quirky SOB. Us Jocks all thought those guys were the biggest nerds on the planet I guess were that got us.

JLH