All Forum Posts by: Account Closed

The ARV is 115k but the owner is asking 200k? Seems like her asking price is too high even without the 70% rule...?

Thank you for your straight up advice @Rick Baggenstoss  and @Tom Yung  I definitely have much more research and acquainting to do for those markets! 

I figured I would take things one step at a time, and so for now I wanted to connect with people who are experienced with the area, and gain some insight from them as well. I will keep in mind to give proper attention to property management once I've reached that stage in the game, thanks for the heads up. I just discovered many more resources thanks to the references from the helpful people on this thread, so I intend to get working on my part of the homework. ;) 

As for the business entity, I haven't gotten it set up just yet, but I am acquainted with an excellent US/Canada tax and asset protection lawyer who is an expert in that matter and he can help me with it once I have the property ready to go.

Thank you David and @Account Closed I will send you a PM.

Amazing outcome, David! Impressive and inspiring indeed. 

Hi Maxwell, welcome to the forums. I'm out of your area, but am looking to invest in it. I look forward to connecting with you in the future.

Thank you for the reply @Nasar Elarabi and @Dave Fontana I've sent you a PM. 

And @Azeez K. thanks for your PM and the referrals! I will reach out to them as well. :) 

Great thread, James, very informative. Following.

Hi all, I am a new investor working out of Toronto. I was originally looking to start in Canada, but I have changed directions and am currently looking for long term connections and investments in Georgia and North Carolina/SC. My partner and I are aiming for SF rental properties primarily, but if a good deal shows up then we'd like to do multifamily properties as well. My main focus right now is on buy and hold, but in order to raise capital I am open to rehab/flips as well.

As such, I am looking for real estate agents in the areas surrounding Atlanta and Charlotte who could act as the local partner in our business ventures. I am searching for realtors who could actively send me listings based on our criteria, provide CMAs for good leads, and pretty much act as the on-site partner. I'd like to get many LOI going out and would compensate for your help with each deal that comes through you, and hope to build a long term relationship.

Would anyone in the Atlanta or Charlotte region have good recommendations for friendly agents or brokers?  I am actively searching for good leads and deals through FSBOs myself, so we could even have a referral fee operation going if interested.

Hi and welcome Craig! I, too, am a young newbie investor such as yourself. What I found helpful in building a network of buyers (and sellers!) was going to networking events. Try Meetup.com! 

I was looking primarily at Wholesaling and Buy/Holding or newbie-targeted episodes, but I think you may like others as well. For me, though, episodes 2, 3, 11, 30, 74, 77*!, 91, 94 were enjoyable and helpful, and these were the ones that I remember the most. I haven't listened to lots of episodes in between, but I especially liked #77 and #2. The podcasts featuring newbie investors were also a nice breezer.