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Updated almost 9 years ago on . Most recent reply

User Stats

98
Posts
32
Votes
Kirsten Ostby
  • Rental Property Investor
  • West End, NC
32
Votes |
98
Posts

Buy and Hold wife/husb team in Fayetteville NC area

Kirsten Ostby
  • Rental Property Investor
  • West End, NC
Posted

Hi BP community! My husband and I started out with one SFH rental in 2008. My husband joined the military, we had to move, and our house value had plummeted. So we turned it into a rental property. I managed it myself and did a horrible job for the first few years! I made a lot of mistakes and learned many tough lessons. Just yesterday we closed on our first SFH locally here in Fayetteville North Carolina. We paid cash, plan to fix it up, rent it out, and possibly refinance to put our money into more SFH purchases or other investments. My father is my original inspiration for buying rental property. He owns 6 SFHs free and clear in the twin cities of MN, and he does mentor and help me a lot. However, I would like to approach this with much more of a business mindset than as a one-man-shop, as my father basically does everything himself with his rentals. I don't want to get caught in that mind trap of feeling like I need to do everything myself.
I've been binge listening to past episodes of the BP podcast after discovering it last week. 
Besides managing our rentals, I care for our three young kids. I love to do anything active and outdoors. Our dream is to open a gym, and I envision that our real estate investing will provide the income and freedom to make that happen.  I would love to meet with any local BP members and share ideas and information. And of course I look forward to communicating with all BP members through the forum :) 

Most Popular Reply

User Stats

52
Posts
16
Votes
Latonia Parks
  • Residential Real Estate Broker
  • Fayetteville, NC
16
Votes |
52
Posts
Latonia Parks
  • Residential Real Estate Broker
  • Fayetteville, NC
Replied

Hey Everyone and welcome @Kirsten Ostby. Glad to hear you're working towards your goals. I'm also in Fay. My husband and I retired from the Army a few years ago so we made this our home. We are Realtors/Investors operating from our RE office (Top Bragg Realty & Prop Mgt) on Raeford Rd so I'd be happy to meet with you to discuss any upcoming projects. In fact, I'd love to meet with all of you@Andrew K.@Account Closedto see if we can get Fay "moving" with our help. We can't post contact info so feel free to call/text/email with any questions. 

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