Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Charles Johnson

Charles Johnson has started 7 posts and replied 13 times.

Post: Anyone investing in Rocky Mount, NC

Charles JohnsonPosted
  • Investor
  • Durham
  • Posts 15
  • Votes 11

Is anyone here investing in Rocky Mount, NC? If so,what is your investment strategy? In general what are your thoughts on the area?

Post: Ever Seller Financed a property? Tell me about it!

Charles JohnsonPosted
  • Investor
  • Durham
  • Posts 15
  • Votes 11
Quote from @Steve Vaughan:
Quote from @Charles Johnson:

 Interested in hearing about seller financed deals you've done and how you've structured your deal.

Buy or sell- usually 10% down, 6% interest, 30yr am, 5 ish year balloon but sometimes 10 or straight am 24yrs.
If you are buying,  make sure you own it.   

Can you elaborate on your statement, "If you are buying, make sure you own it"?

Trying to learn more about seller financing!    Interested in hearing about seller financed deals you've done and how you've structured your deal.

Shoot!

Post: Renting to Section 8 Tenants

Charles JohnsonPosted
  • Investor
  • Durham
  • Posts 15
  • Votes 11

Thanks everyone for the responses!

Post: Renting to Section 8 Tenants

Charles JohnsonPosted
  • Investor
  • Durham
  • Posts 15
  • Votes 11

Just curious how many of you offer up your property to section 8 tenants?   If so, what has your experience been with tenants?  Has getting paid been an issue?  Does the process of allowing Section 8 tenants require a lot of red tape?   Just curiosity on my end.  Thanks in advance!

@Katie Miller I would like to at least add 2 properties this year.

Hi everyone, new investor here.    I have a rental that was my former primary residence.    The home is worth $400K and we owe about $210K.   Was wondering if there is a way to get some of that equity out without having to refi to a higher interest rate?     Would love to deploy that capital into more rentals.

Thanks in advance,

Julian

Post: Real Estate Market in Burlington NC

Charles JohnsonPosted
  • Investor
  • Durham
  • Posts 15
  • Votes 11

Great information.   I'm a newer investor and Burlington has been on my radar for my next property.   I started see lots people moving to Burlington and Graham in 2021.   This explains why!   Would love to connect with you Jared.

Post: How to Calculate ARV?

Charles JohnsonPosted
  • Investor
  • Durham
  • Posts 15
  • Votes 11
I will to give this a try.  Thank you!