All Forum Posts by: Chris Purvis

Thank you very much for your reply. My 1st time on here in months

I'm a new real estate broker but I want to invest.  Are there any  Creative Real Estate  strategies that I am prohibited from doing as a broker  and  what type of disclosures to sellers  would I have to make even if I am a party in the transaction? I want to buy and hold to build a portfolio.

Hello. What type of property are you looking to invest in. I'm a realtor in rocky mount nc. Depends where you look here will determine a down economy or not. I see an economy on the up swing with the addition of new businesses coming into the area. The city of rocky mount itself is planning to build a new event center down town, so I would venture to say that housing prices in that general area will increase. I believe the rental market is strong here. You can always find someone to be a tenant in a D property, but there's a market for A, B and C properties as well. Hope this helps 

@Sonya Stovall Cool, nice to meet you

@Pat S. s. Thanks. Good advice. I plan to pass it on the 1st try.

Thanks @Sonya Stovall I'll check out that site. I'm online a lot so that will be a big help. Are you from Rocky Mount as well? If so this would be the 1st time I've me someone from rocky mount on here.

Thanks @Pat S. Yes it is a ton of information. I'm sitting here now making note cards. Do you have any study tips that might help me retain all this info? Have you taken the state exam yet?

Hello all. I'm still relatively new to real estate and real estate investing. I was looking to be a wholesaler when I found this site last year, but my job helped me to decide to become an agent. I just completed the 1st two days of class this past weekend and I am very glad that I made the decision to go. I look forward to becoming an agent and aceiving all the goals that I have for myself. Any advice is welcomed. Thanks

Hello all. I'm still relatively new to real estate and real estate investing. I was looking to be a wholesaler when I found this site last year, but my job helped me to decide to become an agent. I just completed the 1st two days of class this past weekend and I am very glad that I made the decision to go. I look forward to becoming an agent and aceiving all the goals that I have for myself. Any advice is welcomed. Thanks

Thank you all for your input. @Brie Schmidt I did consider the HML requirements for skin in the game. So with that being the case my plan was to borrow money from my 401k to get started. I've come to understand since I've been on BP that things seem to go quicker having your own money. I just don't want to tie of all of my money in favor of using other peoples money instead. To pay the HML back I would immediately resell the property for a small profit to another investor in my area. Wholesaling for me hasn't gone anywhere in this small area, so I figured being a buyer myself would be a better option to get going in real estate investing. I just don't believe that me not having money should be a hold up to doing something to move me towards my real estate goals.

@Ned Carey thanks for clarifying that for me. The dots are slowly but surely being connected. I appreciate it.

@David T. Thanks. BP is the 1st place I'll post as soon as I get a deal.

I went to my 1st reia meeting Saturday morning in Chesapeake Va. I live and will be investing NC and understand that the laws are different here than in Va, but I enjoyed the experience and learned a lot.