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All Forum Posts by: Brian Corbett

Brian Corbett has started 9 posts and replied 158 times.

Post: Long term rental analysis

Brian CorbettPosted
  • Residential Real Estate Broker
  • Greenville, NC
  • Posts 164
  • Votes 90

I have sold investment properties to clients over the years that have gained instant equity and great cash flow right out of the gate but for some reason get stuck myself on getting my own portfolio going.  I really want to be able to go to some of these clients or potentially others and present them with the opportunities of a partnership on some of these deals.

Post: Long term rental analysis

Brian CorbettPosted
  • Residential Real Estate Broker
  • Greenville, NC
  • Posts 164
  • Votes 90

There are other comparable sales in the area which is where my valuation stemmed.  The estimated cost of repairs and market rent are based on my experience as a property manager here in the Greenville, NC for the last 12 years.  This neighborhood is not what I call the slum but a B/C area but finding a quality tenant at that monthly rental price will not be difficult for a 3 bedroom brick house.  It is approximately 1,025 sq ft

Post: Long term rental analysis

Brian CorbettPosted
  • Residential Real Estate Broker
  • Greenville, NC
  • Posts 164
  • Votes 90

Hi,

I have found a foreclosure property in my area that seems to be great opportunity but I want to confirm analysis with the calculators here on BP. The purchase price would be 25k with 20k in repairs for an ARV of 70k. I would be able to charge $700/month in rent and get this fairly easily. Am I missing something here? Should I make an offer before obtaining financing with private lenders? Thanks for the feedback.

Post: new member

Brian CorbettPosted
  • Residential Real Estate Broker
  • Greenville, NC
  • Posts 164
  • Votes 90

Welcome.  There is some really great information here about ownership and profiting from real estate.

Post: Need help finding a dependable contractor in Goldsboro NC

Brian CorbettPosted
  • Residential Real Estate Broker
  • Greenville, NC
  • Posts 164
  • Votes 90

I can help you with that.  I know a couple of quality guys in the area that you can trust.

Post: New Pro member in Eastern NC

Brian CorbettPosted
  • Residential Real Estate Broker
  • Greenville, NC
  • Posts 164
  • Votes 90

Hello,

I just signed up as a PRO member this week and I am very excited about all that BP has to offer.  Does anyone know of any RE investment groups that meet up in the Greenville or Goldsboro, NC areas? 

Post: Looking for good in advisors in NC

Brian CorbettPosted
  • Residential Real Estate Broker
  • Greenville, NC
  • Posts 164
  • Votes 90

Hi Josh,

I am not a CPA but a property manager and Realtor in Greenville, NC.  I could refer you my CPA and attorneys that we recommend. 

Post: Just signed up for PRO here in Eastern NC

Brian CorbettPosted
  • Residential Real Estate Broker
  • Greenville, NC
  • Posts 164
  • Votes 90

Hello, I just signed up for the Pro version of BP!  I am currently a real estate agent/broker in Greenville NC.  I have helped many of my clients grow their portfolios and I am now ready to begin growing mine as well as continuing to help clients.  If anyone in the eastern NC area want to meet up and network please get in contact with me.