All Forum Posts by: Andrew Tisdale

Thanks guys. I'm thinking about calling a dealt in the home/land market to see what they could do. Holding it sounds like a good option also. It may help increase they house we plan to build value.

I have an opportunity to by some land (@ 2 acres) for 8k, which is tax value for the raw land. One plot has a septic tank and well in place, both have a creek on it. It is rural land, but in a neighborhood with mobile homes. I would like to buy the land, and split it so I can keep an acre because it boarders my family farm. This would give me access to the backside of the farm to build soon.

How should I market his to make a quick sell, and what would be a good price to ask for a .75 acre plot with a septic tank, well, and creek access?

Land is not a hot commodity in our area at this time, but I still see this as a good investment opportunity. All advice is appreciated.

In NC an LLC took about 5 minutes to apply, and 6 weeks to process. I used an attorney, but I should have saved the money a did it on my own.

Looks like you are on the right track. Are you looking to by and hold to live in/or rent, or to flip?

You maybe laughed at, but you never know until you ask. Before I bought I my first investment, I actually made 11 offers on other houses, and a lot of those were never even considered.

As an educator, and investor I have been exactly where you are at. My wife and I had about the same income when we got married, but couldn't save much because of some debt. I found some experienced real estate investors friend/family and sought their advice on how to get started, and with-in a year started an LLC. We all contributed $50 per month and went in together to buy a rental property. With active management, clear expectations, and clear policies our 13 year old LLC is now valued at $250,000 net.

When my wife and I saw this LLC growing, we paid off all debt in about 4 years (expect for our house), and started saving hard to buy some investment properties. We started our on LLC and have 3 rental properties. Because of life events like children, career changes, bubble burst, ect. our LLC is not growing like as fast as I would like, but it has taught us to enjoy this and work hard at it. My advice is to save up some capital to make a good down payment, form an LLC, and seek out a great property at a fair price that could be flipped, or rented until the value makes it worth selling.

Wish you the best, and keep us posted on your journey.

Hello Everyone,

I just joined yesterday via a referral, and have been impressed so far. I'm from NC/SC, and have been investing in real estate for over 8 years. I'm very conservative in my approach, but would like to learn more to see how I can maximize my investments, and provide a greater return. I have a 25% ownership in a real estate rental business, and started an LLC with my wife 3 years ago. Our LLC has 3 single-family rental properties. My goal is to retire in 15 years as an educator, and would like to have a million $ real estate portfolio at that time. That is a pretty big goal, but maybe its doable???

I look forward to learning more, and making connections with like minded investors.