Searching for mentorship/shadowing opportunity

[Mark Muse]

Hi all,

My wife and I put in offers on SFHs in Chapel Hill, Raleigh, and Durham NC and fought the good fight from January - May of this year, 2022. We ran all the numbers, got our final number, and made the best offer possible on each SFH, always well above asking price. We simply got priced out in an uber-competitive market. The most extreme was a house that our realtor called a "push-down" due to the water damage, asking price 200, we offer 240, and the house sells for 380. Phew. Raleigh.

Our lease at our rental ran out in May, and we have since signed a new lease in Chapel Hill for 12 months, to read as much as possible and save as much as possible, and watch the market over the next 6-8 months before trying again.

I would love the opportunity during our hiatus from putting in offers to shadow someone through the process of a BRRRR or other technique, be it on a SFH, 2-4plex, or even apartment complex. We wont shy away from the big stuff as I feel fairly confident in our ability to fundraise given some of the connections we have made from our day-jobs. However, we when we start our house hunt again we will probably focus on 2-4plexes.

I am living in Chapel Hill but open to the markets anywhere in the triangle to gain as much knowledge and experience as possible in the coming months.

Thanks for your time and consideration,

Mark

[Katherine Serrell]

Hi Mark! Just PM'd you. I was in the same boat last year but now I have 2 STRs in Raleigh that I acquired within the last 12 months that I bought with less than 5% down each and they are performing WAY better than anticipated and I am in the process of acquiring more this year. I have 1 LTR in Raleigh and I have also done an out-of-state BRRR in Jacksonville, FL.

I'd love to connect and help in anyway I can.

I still have the W-2 job (accountant/consultant) but I am officially financially free off of 2 solid deals in a single year.