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Updated over 10 years ago on . Most recent reply

User Stats

131
Posts
46
Votes
Shaun Caldwell
  • Investor
  • Charlotte, NC
46
Votes |
131
Posts

I'm ALL in

Shaun Caldwell
  • Investor
  • Charlotte, NC
Posted

I am relatively new to REI (two months). I have an idea of the strategy I want to pursue (wholesaling SFR for now). I've begun networking with local REIA members and immersing myself in REI literature. I'd love to hear from the community...

"If you were to do it all again, knowing what you know now, what would you do differently?"

My goal for this year is to learn as much as I can and formulate a business plan. The biggest hurdle I am looking to overcome right now is figuring out how to evaluate my market (Charlotte, NC) and calculate repair costs. I know the goal, now I'm working backwards to figure out how to get there. Any advice is much appreciated.

Thanks again BP community!

Most Popular Reply

User Stats

99
Posts
21
Votes
Thomas Blaine
  • Rental Property Investor
  • Commerce Township, MI
21
Votes |
99
Posts
Thomas Blaine
  • Rental Property Investor
  • Commerce Township, MI
Replied

I'd say get to know some good contractors who can help you estimate repair costs.  That will be very important.  You will want to have accurate numbers when marketing to investors.  

Good Luck!

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