NC Investor

[David Littleton]

Hey BP, I'm a 20 year old college student and part time waiter in Raleigh, NC. I started wholesaling last December and I have a little bit of experience talking to sellers, I just started networking at REIA meetings. I have a seller website up at: www.buyinvestmentpropertiesnc.com

My plan is to build financial capital through wholesaling until I can start purchasing RE for buy and hold purposes. I'm mainly interested in single family homes, duplexes, and 3/4 unit apartments, but staying in the residential property classification for now.

If all goes well I should have my first property under contract on the 15th; a 2/1 home in Durham for 25k.

I'm taking action, but I'm still eager to learn more. Raleigh has a pretty good housing economy compared to the rest of the country and because of that wholesale deals are few and far between, so I've become interested in lease options and seller financed properties.

I'm signed up for a broker pre-licensing course ($439) and a creative investing course (not a seminar) ($90). I don't plan to get my license because of the legal limitation that come along with it (although MLS would be nice) which hinder wholesalers in an already unfriendly market. I just plan to use the class to obtain foundational knowledge about real estate deals.

Any critiques or advice would be more than welcomed. Feel free to email me or message me on these forums. I'm also interested in partnering with an experienced investor interested in having a smart, motivated young investor to add value to their business. I'm a very fast learner. I learn through observation as well as research. I'm a big believer in trial and error and learning from your mistakes. My belief is that there's nothing wrong with making mistakes, but there is something wrong with denying your mistakes and making excuses and then continuously making the same mistake.

"Some people are motivated by fear, and some people are motivated by opportunity."