All Forum Posts by: Brandon Graham

Originally posted by @Anna Buffkin:

Originally posted by @Brandon Graham:

@Anna Buffkin

Thanks for your insight. Yeah,  I'm just a little OCD about some things especially involving money. I guess I was thinking that I wanted to have all my ducks in a row, so I can minimize holding costs as much as possible. 

I get it. We all want to be completely prepared before going in.  The problem is real estate isn't really the step by step everyone wants it to be.  Like having kids, you can read every book and ask every parent you know, but mostly you figure it out on your own.  

That said,  the fact that you are thinking about GC and holding time puts you ahead of many of the newbies who come on here asking generic questions on how to get started with the change under their couch and no research.

Also, I looked at your profile page.  My husband is also a teacher.   He was at Lower Richland for years.  

Indeed, yeah I'm quickly finding that out especially just seeing how quickly the good deals go under contract. I see that there's absolutely no time to ponder in this game! Lower Richland, that's awesome because that's the cluster I teach in. All my kids go to LR if they stay in this area. I noticed on your page that you have a few condo rentals. I looked into a couple here in Columbia and the regime/HOA fees were ridiculous to say the least. For instance, I was looking into Briargate condos on Broad River and the rent would be $600 or so, but the monthly regime fee is $320! Do you think that this is just a very high exception and I should reconsider looking back into condos or stay away? How's your experiences with your condos if you don't mind me asking?

@Anna Buffkin

Thanks for your insight. Yeah,  I'm just a little OCD about some things especially involving money. I guess I was thinking that I wanted to have all my ducks in a row, so I can minimize holding costs as much as possible. 

Originally posted by @Nghi Le:

@Jonathan Studdard

Most HMLs are transactional, so they may want to pre-approval you and the deal ahead of time before providing a POF. There are some that can provide a letter stating that borrower is approved to borrow up to X amount after you go through the pre-approval process with them (application and some documents). It's not a bad idea to get pre-approved with a lender (if they allow it) because then you can close faster on your next deal.

I'll PM you a recommendation.

 Hey could you PM too with a recommendation. Thanks so much!

Thank you Andrew for the advise and for the information. Yes please, let me know the next time you all meet. I'm definitely looking to network and rub shoulders with those that have already walked the path. Also, Andrew if you don't mind I'd like to get your opinion on a deal in Eastover that I'm considering putting an offer on. 

Hello good people! I'm a newbie just getting my feet wet. Trying to learn all the ends of and outs of rental properties. I'm looking into the Columbia, SC market where there are a number of rehab properties that have the potential of being restored and rented out. However, I'm having the hardest time finding/choosing the "right" contractor for my future rehabs. I want to have a contractor on board before I even think of closing on any rehab property. So does anyone know of any good contractors that can handle fixer-upper restorations in the Columbia, SC area? Thank you in advance!