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All Forum Posts by: Brad Collins

Brad Collins has started 5 posts and replied 30 times.

Post: Winston Salem, NC Brewery Meetup - 3/30/23

Brad CollinsPosted
  • Rental Property Investor
  • Winston Salem, NC
  • Posts 30
  • Votes 19

@John Sandoval - here’s the March meetup info. 

Post: Winston Salem Meetup - 1/27/22

Brad CollinsPosted
  • Rental Property Investor
  • Winston Salem, NC
  • Posts 30
  • Votes 19

Post: First Post! Rehab Resources

Brad CollinsPosted
  • Rental Property Investor
  • Winston Salem, NC
  • Posts 30
  • Votes 19

Hi @Michelle Kline - I wish I had a good answer to this question! I can tell you how we have made progress in this area - learning through trial and error. We put a lot of sweat equity into our primary residence and our first rental property. Biggest lesson I learned was to double my estimates for time and cost!

On our current project, we are paying a contractor (more of handyman) to do almost all of the work. He has been invaluable with helping to plan things out and answer questions! He knows the problems we will run into before we get there. I now understand why you hire a (good) general contractor and am so much more willing to pay those prices. The work gets done in the right order, with the right amount of planning, and so much faster (we work full time day jobs). If it's within the budget, I would try to find someone who can be your GC!

Finding a good contractor is a whole other topic that I don't have much experience with. In the current example, I seemed to have lucked out and found someone on craigslist. I interviewed his references and just had to try and give my best judge of character... until meeting him, I didn't think I could find someone who communicated well... but they are out there!

Post: Winston Salem Meetup - 12/16/21

Brad CollinsPosted
  • Rental Property Investor
  • Winston Salem, NC
  • Posts 30
  • Votes 19

@Peter Keddis - late notice but there's an event tomorrow at Fiddlein Fish!

Post: Winston Salem, NC Monthly Meetup 9/30/21

Brad CollinsPosted
  • Rental Property Investor
  • Winston Salem, NC
  • Posts 30
  • Votes 19

For some reason I think these events are difficult to find so I'm tagging everyone I can think of!

@Travis Tuttle; @Rachel Miranda; @Michelle Kline; @Brady Yokely; @Elias Hicks; @Justine M.; @Arn Cenedella; @Leon Perry; @Christian Longacre; @Ryan Howell; @Jaime Tineo@Alex Ritter

Post: Market analysis, too narrow or too wide

Brad CollinsPosted
  • Rental Property Investor
  • Winston Salem, NC
  • Posts 30
  • Votes 19

Some good points made above. For us, it's been traditional financing on deal 1 & 2. Now we're ready to get creative and itching to do more with less. I think buying your first property the traditional way is fine! Gets your feet wet, but most importantly, you're taking action! After you do this once or twice, you'll have a bit more experience and a lot more interest in doing more with less. Another (hopefully unneeded) bonus: if you royally screw up, the market tanks, and you are forced to sell, you probably won't be underwater on your loan.

Don't consider this advice, just a personal anecdote from a newbie investor in the Triad area (Winston Salem). Good luck!!!

Post: Winston Salem, NC Meetup 8/25/21

Brad CollinsPosted
  • Rental Property Investor
  • Winston Salem, NC
  • Posts 30
  • Votes 19

Tagging @Rachel Miranda

Post: Winston Salem, NC Meetup 8/25/21

Brad CollinsPosted
  • Rental Property Investor
  • Winston Salem, NC
  • Posts 30
  • Votes 19

Unfortunately, I will not be able to attend this month's meet up but looking forward to future events. Last month was a great turn-out!

Post: Winston Salem, NC Meetup

Brad CollinsPosted
  • Rental Property Investor
  • Winston Salem, NC
  • Posts 30
  • Votes 19

Adding @Leon Perry for future reference.

Post: Winston Salem, NC Meetup

Brad CollinsPosted
  • Rental Property Investor
  • Winston Salem, NC
  • Posts 30
  • Votes 19

FYI: Here's the official meet-up event link if you want to add to your calendar: 

https://www.biggerpockets.com/forums/521/topics/967329-winston-salem-nc-meetup?highlight_post=5594645&page=1#p5594645