Who here invests in West Virginia?

Question

I am trying to gauge interest in the WV market. My club is in Pittsburgh and we are the closest thing to a WV REIA club. I want to WV investors with meet ups, and meetings, we already built a facebook group. so if you are interested in helping the RE education scene in WV please connect with me.

to your success

Josh

to your success

Josh

Nick Janovich · Answer

I live, work, and invest in the Wheeling WV market. I'd be happy to talk more about the area. I currently have two duplexes and a garage unit. I'm looking for another multi-family by the year's end. Rental property prices are increasing as rents increase due to oil and gas workers. I would caution someone not to count on the high rents though; it is great while it lasts but when analyzing be sure to use non-O&G rents. I've kept my rents the same and simply charge a short-term fee. O&G guys think that's fair and it covers the costs I have with increased turnover. I haven't had a unit sit vacant longer than two weeks. My expenses YTD in this market are currently 44% of revenue YTD. @Joe Hughes might be someone to talk with. He's more experienced in this market. I'm just the little guy trying to figure it all out!!

Jay Hinrichs · Answer

@Josh Caldwell  its the only state in the Union I have not personally set foot in or on.

I bet its a sleeper don't hear anything about it really.... good luck with it.

Bret N. · Answer

Can you resend ?

Jonathan Johnson · Answer

I'm looking to start wholesaling in Parkersburg. I'm also interested in Charleston, Huntington, and the Barboursville area.

Jeremy Shepherd · Answer

@Josh Caldwell I'm near Wheeling, WV. I know the market well and am interested. Please message me with info and what you have in mind.

Jeff McBurney · Answer

Hi everyone! I used to live and work in the wheeling area but I'm in California now. Looking to invest back in Wheeling in the next few months. How's it going for everyone?

Josh Caldwell · Answer

Jeremy, just ask to join it and I will approve you asap. Feel free to invite friends.

Obi I. · Answer

hi Josh - I'm interested in the WV market. Appreciate you including me in the group. thanks

Jeremy Shepherd · Answer

@Josh Caldwell here is a meetup group in the Parkersburg area with about 12 members. This is a new group and I have not been able to make it to any of their meetups yet.

http://www.meetup.com/Parkersburg-Area-Real-Estate...

Josh Caldwell · Answer

Jonathan, I sent you a PM but basically we are just standing up a Facebook group as a sub group of my REIA club. Feel free to join it.  the goal is to build it up to the point where we can have meetings.  I can provide a lot of the infrastructure for the group but I need people to make this happen.

To your success

Josh

Who here invests in West Virginia?

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