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Updated almost 8 years ago, 01/01/2017

User Stats

17
Posts
11
Votes
Quentin Taborn
  • Oxford, NC
11
Votes |
17
Posts

I have 10 Bandit Signs,a small buyers list, and a dream

Quentin Taborn
  • Oxford, NC
Posted
Hi everyone, My name is Quentin Taborn and I have recently made the shift to start my wholesaling business. My long term goal is to fix and flip as well as buy and hold. I am new to real estate investing and would love if anyone could offer any advice or expertise. I live in Oxford, NC and would like to reach out to investors in the Raleigh/Durham area. As of right now I have a small buyers list, and 10 bandit signs that are still in the box. I wanted to add that detail in my introduction so that I can look back on this post one day and see where I came from. Thanks for this opportunity, and I look forward to progressing with you all.

User Stats

2,699
Posts
2,229
Votes
Patti Robertson
Property Manager
  • Property Manager
  • Virginia Beach, VA
2,229
Votes |
2,699
Posts
Patti Robertson
Property Manager
  • Property Manager
  • Virginia Beach, VA
Replied

@Quentin Taborn - I know the Gurus tell you to use bandit signs, but please be aware they are illegal.  Here's the Raleigh sign ordinance, and it is likely identical in every city/county in your area. I know it is in mine.

Wall signs, tract signs, pole signs, billboards, banners and blimps - all these signs and many others require Sign Permits from the City of Raleigh.

To receive a permit, a sign must comply with the sign ordinances in City CodeChapter 10 Section 2083. This process contributes to the style consistency of signs in the Raleigh City limits and area of extraterritorial jurisdiction (ETJ).

Permits are required for all outdoor signs except directional signs, such as exit and entrance signs, and informational signs, such as signs designating restrooms and phones. A Sign Permit is required any time a business wants to display signage or hold an event that includes advertising visible from the public right-of-way.

Sign Permits are required for:

  • Permanent signs
  • Ground and tract identification signs
  • Signs erected on parapet walls
  • Awning signs (doc) (pdf)
  • Signs in shopping centers or at multi-tenant buildings
  • Internally illuminated signs
  • Special events signs

Anyone who erects a sign without a permit will be charged double the normal permit fee, will be required to correct any violations of City Code Chapter 10 Section 2083, and may have to remove the sign. Violations of the sign ordinance carry criminal charges, may precipitate a civil lawsuit and incur civil penalties. City CodeChapter 10 Section 2152 allows civil penalties to begin on the day a violation is discovered and continue each day after that until the violation is corrected.

  • Patti Robertson
  • 7574722547

User Stats

181
Posts
53
Votes
Michael Macklin
  • Mortgage Consultant
  • Raleigh, NC
53
Votes |
181
Posts
Michael Macklin
  • Mortgage Consultant
  • Raleigh, NC
Replied

Quentin Taborn welcome to bp. I am looking to begin my wholesaling journey in the Raleigh area as well. Perhaps we can help one another in our respective journeys. I'm always looking for other investors for support. Strength in numbers. Consider becoming a member of triangle real estate investor association (Treia). They have monthly meetings for new investors which is a great opportunity to network.

Good luck to you

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Account Closed
  • Real Estate Investor
  • Shelton, WA
639
Votes |
369
Posts
Account Closed
  • Real Estate Investor
  • Shelton, WA
Replied

@Quentin Taborn If you're going to use bandit signs, try them out and use them until directed otherwise. Every city/county in America is going to have some rule on the books regarding "illegal" signs..just because. In two years of using them the only phone call i've received about them from an official, was from a city councilman.. who was looking for a deal lol Made $112k in flip profits and added two rentals this year off bandit signs..i'll gladly pay whatever fine they impose should they decide to call. Good luck!

User Stats

427
Posts
297
Votes
Eric F.
  • Real Estate Investor
  • Raleigh, NC
297
Votes |
427
Posts
Eric F.
  • Real Estate Investor
  • Raleigh, NC
Replied

Permit or not, bandit signs don't work too well in Raleigh/Durham/Garner in my opinion. I have put up a few hundred (around 800) and never gotten any good leads. When I say never I meant not only have I never done a deal off a bandit sign, I truly do not think I even got 10 good leads off EIGHT HUNDRED signs. I quit putting them up. I notice only 1 person consistently puts them up [(855(?) 9NC Sell] Every other time you see bandit signs out it is a 1 time attempt by someone who disappears, which is 95% of people who "start" real estate investing by the way.

I am not saying this to discourage you by the way. Put them out. Try everything. You have to learn. If you want to do deals in Oxford they might do great. I have a lot of friends in Greensboro/the triad who kill it with bandit signs and that is 90 minutes from Raleigh. To be honest, I would have quit putting them out a long time ago except these guys did so well with them. It is crazy they work so much better only 90 minutes away, but the world is a weird place ya know? What finally made me quit for good was I put up 100 signs and got ZERO, yes ZERO calls (seller calls, I got 50 do you rent houses calls). That was it. I quit.

NOTE: This doesn't count back when I was doing mobile homes. I did fine with mobile home bandit signs. Lot rents are so high now I bailed on that part of my business.

PS 

Does anyone know who the 9NC Sell guy is? He is the only person who puts signs up consistently in this area, and I certainly admire his discipline. He must do his run twice a month and he hits every quality location I can think of. I have called his sign 10 damn times and never gotten a call back. I never lied and said I was a seller though.