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Updated almost 8 years ago on . Most recent reply

User Stats

2
Posts
5
Votes
Nick Munn
  • Charlotte, NC
5
Votes |
2
Posts

Rising investor from Charlotte!

Nick Munn
  • Charlotte, NC
Posted

Hi everyone. I am pleased to be apart of such a reputable community!! I am located in Charlotte NC, right smack in the middle of downtown. I am excited to network with all of you, and hopefully learn a thing or two while offering the knowledge I have as well. At this time I am focusing primarily on fix/flips/rehab projects, buy/hold property acquisitions, and also some wholesaling. I have been successsful in cutthroat sales all the way back when I started selling cars at a auto dealership when I was 18. From there I relocated to Charlotte, and ran a tech company as the Director of Sales. I am at the point where I really want to apply my acquired sales experience into the exciting world of real estate! I look forward to chatting with all of you!

Most Popular Reply

User Stats

105
Posts
58
Votes
Kristen Haynes
  • Real Estate Broker
  • Greater Charlotte NC and Charleston, SC areas
58
Votes |
105
Posts
Kristen Haynes
  • Real Estate Broker
  • Greater Charlotte NC and Charleston, SC areas
Replied

Hello, Nick! Welcome to Charlotte! I am also "late to the party" on this thread, lol. I have been selling Carolinas real estate since 1992, opened my own firm in 1998, and I am an Unlimited Building General Cotractor, as well as a Realtor and Investor. I do a LOT of investor deals, so know the ropes very well- what to look out for or to avoid, how to estimate renovations, etc. The most important thing that I can tell you is that you make money when you BUY the home, more than when you sell it. Ours is a red hot real estate market and there are many investors going after the same houses- sometimes, you can jump at a house, just to even GET one, and you overpay because it needs more work than anticipated. You'll learn as you go how to really nail down costs in advance- and you'll also assemble a team to help you get those repairs done cost effectively and efficiently (time is money).  You should budget 20% higher than you think you may need as a "cover". I wish you the best of luck in your new endeavors. With your background, you should really do well with real estate investing. Feel free to reach out to me if I can be of service or if you have any questions that I might be able to help answer for you. Welcome to the Queen City! 

  • Kristen Haynes
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New Home Buyers Brokers / Realty Pros
5.0 stars
4 Reviews

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