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Updated about 5 years ago on . Most recent reply

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49
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Chad Gray
  • Raleigh, NC
49
Votes |
49
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New Member here from Raleigh, NC

Chad Gray
  • Raleigh, NC
Posted

Hi Everyone,

Fairly new to BP, first time posting. I currently live in Raleigh, NC which is a pretty competitive market with thin margins. However, I want my first few units to be within an hour driving distance until I gain more experience.

I was wondering if anyone had any advice for finding off market deals. I know finding a wholesaler is one, but what's the best way to get up-to-date wholesale offers? Aside from wholesaling, any other tips for finding good off market deals? It looks like this the main option for finding a good deal in my area.

Most Popular Reply

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120
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119
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Steven Griffith
  • Rental Property Investor
  • Chapel Hill, NC
119
Votes |
120
Posts
Steven Griffith
  • Rental Property Investor
  • Chapel Hill, NC
Replied

@Chad Gray

Hi Chad,

Welcome! I'm an investor located in Chapel Hill, and I can tell you they're are a lot of great resources around the Triangle. Here are a couple recommendations:

1) Just drive around the area and look for those signs that say we buy houses, or cash for houses, Etc. Call the number, introduce yourself, and ask to be put on their distribution list for when they have properties available.

2) Join the Triangle Real Estate Investor Association. You can decide if you paid membership is worth it or not, but I have the free membership and I am quite happy. I get a daily E mail listing many new wholesale properties located all around both in and outside the triangle.

3) There is a monthly meet up around the triangle called Dealmakers, hosted by @Adam Schneider. It is a good networking opportunity, and a session lasting around an hour or so of wholesalers just pitching new properties they have the contract on.

4) There is a monthly bigger pockets meet up in Raleigh/Cary. I would recommend trying to attend to network. I have only been a few times myself, but have connected with several other investors and know of several properties that have been purchased or sold through this networking event.

If you would like to pm me your email, I can forward you the deal makers event invite and the TREIA email listing of wholesale properties. Welcome to BP!

Steve

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