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Updated over 8 years ago, 05/04/2016
Looking for the next opportunity !!!!.. ALWAYS
Im constanly looking for the next opportunity. I am looking to invest in charlotte and the surrounding areas as well as Hampton roads Virginia (except Hampton, Suffolk areas)
- Residential Real Estate Investor
- Kansas City, MO
- 4,847
- Votes |
- 10,045
- Posts
Welcome aboard Freddie and best of luck investing!
Alright anytime your in Charlotte let me know
Hello @Freddie Williams
Welcome to BP community.
I am an investor mainly focusing on the Charlotte NC market. I live in South Carolina and do work with their market as well. i would love to connect with you. Let me know if you interested in meeting sometimes soon to further network
Thank you,
-Dishant
Freddie Williams I'm here in Charlotte locally been wholesaling for 2 years primarily and not transitioning into fix and flips. Feel free to reach out to me if I can be of any help.
Question, are you all finding it hard to find off market SFR's in Charlotte NC or Columbia SC? I have been looking for sources for quality leads for some time now with not much luck.
Hi @Freddie Williams and welcome to BP. At BP, your next opportunity is around the corner! With the ability to network with other real estate investors, your never alone! You came to the right place and I wish you best of luck.
yeah i have been having a hard time finding good deals in charlotte. Several realtor friends of mine have said the market is really tight right. Which is good, meaning low inventory creates a high demand.
Originally posted by @Jim Rusk:
Question, are you all finding it hard to find off market SFR's in Charlotte NC or Columbia SC? I have been looking for sources for quality leads for some time now with not much luck.
Jim very hard to find good quality deals. If you like the lower end market plenty of opportunity their. Just not my cup of tea. I have told a lot of folks it is cheaper to build then buy here in NC and SC.
Two of the markets folks are speaking about above. I have a total of 68 turn key rentals we are building in Columbia SC. Phase one is 36( just broke ground ), phase 2 will be 32 more. Think we have 10 going up in Gastonia ,NC.For Charlotte I am building 52 town homes ( may 28th breaking ground ) in Salisbury NC ( city killed us on time line to get things going ) 45 minutes from Charlotte.
Searching for land in all areas 60 miles around Charlotte NC.
Not bragging just showing folks very little inventory and cheaper to build then buy. I know a lot of folks are pushing low end deals here in this market, and Columbia SC. I just wont touch that type of asset personal choice.
Alex
Originally posted by @Freddie Williams:
Im constanly looking for the next opportunity. I am looking to invest in charlotte and the surrounding areas as well as Hampton roads Virginia (except Hampton, Suffolk areas) If you have a wholesale deal and sell, let me know.
Freddie
Are you a cash buyer or a flipper. Helps to let folks know your intentions.
Can you close cash or do you need hard money.
Alex
thanks for the response Alex. Im looking at both flipping and holding. Was interested in building cause ive heard the same thing. Is it hard to do new construction? I have a partner in Durham tryin to do that exact thing.
Hello @Freddie Williams and welcome to BP. BP has everything you need when it comes to real estate investing. BP even has it's own podcast in itunes for everyone to listen and learn from. I wish you best of luck and tons of success.
@Alex Franks, Just curious, where in Columbia are you building? In my past life I did the site work for quite a few developments in and around Columbia. Wouldn't mind connecting with you if you ever needed that.
Also, what prices per foot are you building for? I've only priced tear down and rebuild a few times and passed because the numbers didn't, but I've been hearing $70/sf low end to $100 mid range. Where as on the rehab side $20 /sf seems reasonable, while still leaving around 20 - 25% profit margin.
