New Member Charlotte NC interests - Networking/Buy & Hold Rentals

New Member Charlotte NC interests - Networking/Buy & Hold Rentals

Davidson, NC · Member since 2017 · 17 posts · 14 votes

Hello BP,

I'm excited to be a part of this group! I'm new to BP and to REI. My wife and I live in Matthews North Carolina which is about 20 minutes southeast of Charlotte. We have a son, Brady who will be 3 in Dec '17. We're originally from the Northeast and have lived here for 5 years now. I work in the financial markets and have always had a passion for real estate. Having said that I have very little direct experience with REI. We own a home now and this is our second so I'm familiar with the process of purchasing real estate but only to occupy and not as an investment. I'm very interested in networking in my local area to learn from other investors and eventually build a trusted team to work with. I've also committed to the 90 Day Challenge as part of my learning process. As far as my goals I'm interested in buy and hold rental investments both single family and multi-units. I'm planning to make my first purchase in 2018 here in my local market. As I learn to expand my portfolio I'm interested in other markets outside the Charlotte area and outside the state.

I would love to hear from anyone willing to offer advice for novice REI with respect to buy and hold rental strategies, building a network, learning and finding various lending options, etc.

This is my first discussion so if I've left out anything glaring please go easy on me.

Thanks,

Mike

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Real Estate Broker · Matthews, NC · Member since 2017 · 135 posts · 99 votes
8y

Welcome! My husband and I live in the Matthews area and invest in buy & hold around this area. We would definitely recommend attending the monthly Hobby Millionaires meeting (find on meetup.com) as this has been extremely educational for us. In addition we’d be willing to meet up to discuss real estate over a beer if you’re interested!

Thanks 

Colleen

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  • Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 31k+ posts · 20k+ votes
    8y

    Welcome to the site @Michael Shea

  • Andrew SyriosPro Member
    Moderator
    Residential Real Estate Investor · Kansas City, MO · Member since 2014 · 10k+ posts · 5k+ votes
    8y

    Welcome aboard Michael and best of luck investing!

  • Real Estate Broker · Matthews, NC · Member since 2017 · 135 posts · 99 votes
    8y

    Welcome! My husband and I live in the Matthews area and invest in buy & hold around this area. We would definitely recommend attending the monthly Hobby Millionaires meeting (find on meetup.com) as this has been extremely educational for us. In addition we’d be willing to meet up to discuss real estate over a beer if you’re interested!

    Thanks 

    Colleen

  • Rental Property Investor · Tampa, FL · Member since 2016 · 208 posts · 96 votes
    8y

    Hey Michael,

    I have limited experience (3 residential, 1 commercial property) but I am nearby in the Mt Holly/Belmont area. I'd be happy to assist in any way, feel free to reach out.

    Brian

  • Davidson, NC · Member since 2017 · 17 posts · 14 votes
    8y

    @Colleen Goldstein Thank you for welcoming me to the site!  Nice to hear from another member so close to home.  I will check out Hobby Millionaires and would love to accept your offer to meet and chat.  I'm available on 12/4, 12/5 and 12/8 to meet up for a conversation if you can find any time those days.  Let me know!!!

    Again, thank you for connecting!!!

    Mike

  • Davidson, NC · Member since 2017 · 17 posts · 14 votes
    8y

    @Andrew Syrios Thank you!

  • Davidson, NC · Member since 2017 · 17 posts · 14 votes
    8y

    @James Wise Thank you sir!

  • Davidson, NC · Member since 2017 · 17 posts · 14 votes
    8y

    @Brian Orr Thank you for taking the time to say hello!  Nice to see others from the area with similar interests and a desire to help!  I have just joined and still getting acclimated but would like to connect at some point.

  • Cassidy BurnsBusiness Member
    Investor · Alexandria, VA · Member since 2016 · 859 posts · 460 votes
    8y

    Welcome @Michael Shea!

  • Concord, NC · Member since 2017 · 10 posts · 3 votes
    8y

    Welcome @Michael Shea. I'm completely new as well. It would be nice to meet up sometime since we are both interested in buy and holds in the area. 

  • Davidson, NC · Member since 2017 · 17 posts · 14 votes
    8y
    Cassidy Burns Thank you!
  • Investor · Jersey City, NJ · Member since 2016 · 10 posts · 6 votes
    8y

    Following, I'm interested in Charlotte market as well.

  • Chris ClaflinPro Member
    Vendor · Charlotte, NC · Member since 2014 · 44 posts · 25 votes
    8y

    @Michael Shea,

    Welcome to Charlotte REI! Happy to help how I can. I now co-host a Landlord meetup with a friend down in the Southend https://www.meetup.com/Carolina-Real-Estate-Invest...

    That would be a great resource for you and a great way to build your network. Happy to chat on the phone sometime if you have interest too!

  • Rental Property Investor · Charlotte, NC · Member since 2017 · 298 posts · 232 votes
    8y
    Welcome to the site. I am not too far away in Charlotte and like you I’m looking to move past ownership for personal use into ownership for investment purposes. Glad to see the helpful advice and hope to see you at a local meetup in the area.
  • Realtor · Charlotte, NC · Member since 2014 · 935 posts · 467 votes
    8y

    @Michael Shea welcome to BP, a treasure chest of info. Listen to the past podcast , the info is timeless. Locally, (I also live in Matthews) I would encourage you to visit many of the meetups as some good ones have already been mentioned. Go to Meetup.com and search “real estate investing, Charlotte “and you will have a list to choose from. I’m familiar with almost all of them if you want direction on what may be a good fit. I’m good for a coffee at Brakemans anytime to discuss how can help you succeed. 

  • Investor · Cramerton, NC · Member since 2017 · 336 posts · 198 votes
    8y

    Hey @Michael Shea,

    I'm working the area between Belmont and Kings Mountain on the I-85 corridor west of Charlotte.  I've gotten pretty familiar with the rental market there so reach out if you want to talk any shop in that particular area.  

    I can attest that the folks offering help in this thread are good guys, in particular @Don Harris and @Brian Orr have been very helpful to me in the last couple months as I have been ramping up and getting started.

  • Davidson, NC · Member since 2017 · 17 posts · 14 votes
    8y

    @Josh Stack Thanks Josh!  I live in Matthews and have been concentrating my search on Southeast Charlotte and as far north as the University area.  @Don Harris and @Brian Orr have both been nice enough to reach out to offer help as well.  If interests change I will certainly reach out for your expertise!  Welcome to 2018 and good luck this year!

  • Dr · Danville, VA - Virginia · Member since 2016 · 42 posts · 56 votes
    8y

    Welcome to BP  @Michael Shea ! Charlotte is a smoking hot market market for MF investing. It is definitely on our strike list. You are on the right track.

    Dr. Brian

  • Realtor · Charlotte, NC · Member since 2014 · 29 posts · 14 votes
    8y
    Hey Michael. I’m nearby as well. Starting my foray into REI. Planning to make it my second career. Focusing on Rehabs and rentals. I’d love to meet up and discuss how we could assist each other in meeting our goals.
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