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Updated about 1 year ago, 12/01/2023

User Stats

6
Posts
4
Votes
Mike Neff
  • Investor
  • Charlotte, NC
4
Votes |
6
Posts

Winston-Salem Newbie -

Mike Neff
  • Investor
  • Charlotte, NC
Posted

 I live in Charlotte but looking to invest in the Winston-Salem market.  Looking connect with attorney's, real estate agents and property management companies in the area. In the early stages and looking to start within the next year.  

User Stats

56
Posts
25
Votes
Evan C.
Pro Member
  • Tbilisi, GA
25
Votes |
56
Posts
Evan C.
Pro Member
  • Tbilisi, GA
Replied

@Mike Neff Hi Mike! I've worked with Saunders Real Estate, which has a PM arm as well. I'm sure there are several viable options but we worked with Saunders to buy our first investment in Winston-Salem. We worked with Holton Law for the closing, though I honestly can't say how they compare to other firms. Certainly everything went fine and it was a good experience. Still working on the second investment there now but can't make the numbers work so far on what's available. Looking to increase leads and save up my capital. 

  • Evan C.
  • User Stats

    6
    Posts
    4
    Votes
    Mike Neff
    • Investor
    • Charlotte, NC
    4
    Votes |
    6
    Posts
    Mike Neff
    • Investor
    • Charlotte, NC
    Replied

    @Evan C.  Great information.  Let's stay in touch and hope you can find your second one.  

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    User Stats

    23
    Posts
    11
    Votes
    Danny Plueddemann
    • Rental Property Investor
    • Charlotte, NC
    11
    Votes |
    23
    Posts
    Danny Plueddemann
    • Rental Property Investor
    • Charlotte, NC
    Replied

    Hi Mike, I'm in Charlotte too and am curious what made you want to invest in Winston Salem.  Are the returns better there?

    User Stats

    63
    Posts
    73
    Votes
    Stephen Diakos
    • Rental Property Investor
    • Winston-Salem, NC
    73
    Votes |
    63
    Posts
    Stephen Diakos
    • Rental Property Investor
    • Winston-Salem, NC
    Replied

    Hello all. I moved to Winston 7 years ago and have a few rentals under my belt. I've always worked with JT Meyers, with Berkshire Hathaway, as my realtor and Grady Ellis, with the Ellis Firm, for closings. I manage them myself so no help there but, if things go well and I pick up a few more units, I'll be looking for a PM too. 

    User Stats

    5
    Posts
    2
    Votes
    Katie Lamb
    • Rental Property Investor
    • Winston-Salem
    2
    Votes |
    5
    Posts
    Katie Lamb
    • Rental Property Investor
    • Winston-Salem
    Replied

    @Mike Neff I’ve used Calaway law for my closings here in winston. Hunter realty has done a great job as my PM. I’d highly recommend them.

    User Stats

    6
    Posts
    4
    Votes
    Mike Neff
    • Investor
    • Charlotte, NC
    4
    Votes |
    6
    Posts
    Mike Neff
    • Investor
    • Charlotte, NC
    Replied

    My main interest is because in general the prices are lower there and therefore I can utilize my capital better. Also, my daughter is thinking about going to college in the area so I am trying to get my homework in. We are planning on utilizing the FHA low down for a family member while she is in school.

    Thanks for all your help!

    User Stats

    76
    Posts
    39
    Votes
    Justin Craver
    Pro Member
    • Real Estate Agent
    • Oak Ridge, NC
    39
    Votes |
    76
    Posts
    Justin Craver
    Pro Member
    • Real Estate Agent
    • Oak Ridge, NC
    Replied

    @Mike Neff Winston is a great market to live and invest!  My wife is an agent and would be happy to help you along your journey if you are interested in scheduling a call/meeting :).  For attorneys, we use Moss Woods or Thomas and Bennet a ton and both are great! I have spent 31/37 years of my life in and around Winston and am happy to provide any thoughts along the way.  Good luck to you and your daughter!

  • Justin Craver
  • User Stats

    136
    Posts
    23
    Votes
    Replied
    Quote from @Stephen Diakos:

    Hello all. I moved to Winston 7 years ago and have a few rentals under my belt. I've always worked with JT Meyers, with Berkshire Hathaway, as my realtor and Grady Ellis, with the Ellis Firm, for closings. I manage them myself so no help there but, if things go well and I pick up a few more units, I'll be looking for a PM too. 

     Hey @Stephen Diakos do u have any recomendation for an inspector in the area?

    User Stats

    63
    Posts
    73
    Votes
    Stephen Diakos
    • Rental Property Investor
    • Winston-Salem, NC
    73
    Votes |
    63
    Posts
    Stephen Diakos
    • Rental Property Investor
    • Winston-Salem, NC
    Replied

    I've always used Pillar to Post for my inspections. 

    User Stats

    76
    Posts
    39
    Votes
    Justin Craver
    Pro Member
    • Real Estate Agent
    • Oak Ridge, NC
    39
    Votes |
    76
    Posts
    Justin Craver
    Pro Member
    • Real Estate Agent
    • Oak Ridge, NC
    Replied

    I second @Stephen Diakos suggestion. They are great!

  • Justin Craver
  • User Stats

    136
    Posts
    23
    Votes
    Replied
    Quote from @Stephen Diakos:

    Hello all. I moved to Winston 7 years ago and have a few rentals under my belt. I've always worked with JT Meyers, with Berkshire Hathaway, as my realtor and Grady Ellis, with the Ellis Firm, for closings. I manage them myself so no help there but, if things go well and I pick up a few more units, I'll be looking for a PM too. 


     Hey Stephen!


    im looking for a contractor to do some fixing to a rental unit (paint, carpet,smoke detectors and to repair subfloors install linoleum floor. any recomendations?