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All Forum Posts by: Christopher Wynn

Christopher Wynn has started 8 posts and replied 11 times.


Are you thinking about investing in real estate but unsure where to start? Have you considered mobile homes as a potential investment opportunity? 

While mobile homes may not be the first thing that comes to mind when you think of real estate investing, they can offer a number of advantages that make them worth considering. Here are a few reasons why investing in a mobile home could be a smart move:

1. Lower upfront costs: Mobile homes are typically much more affordable than traditional homes, which means you can get started with real estate investing without needing to raise as much capital. This can be especially appealing for first-time investors or those with limited funds.

2. Strong rental demand: Mobile homes are often rented by people who are looking for an affordable housing option. As a result, there is often high demand for rental units, especially in areas where traditional housing is expensive.

3. Lower ongoing costs: Mobile homes are generally cheaper to maintain and repair than traditional homes. This means that your ongoing expenses as a landlord will be lower, which can help to boost your profits over time.

4. Potential for high returns: Because mobile homes are often rented out at a lower price point than traditional homes, you may be able to achieve higher rental yields. This, combined with the lower upfront and ongoing costs, can lead to a higher return on investment.

Of course, there are some potential downsides to investing in mobile homes as well. For example, they may not appreciate in value as quickly as traditional homes and may be subject to more restrictive zoning regulations in some areas. It's important to do your research and due diligence before investing in any type of real estate.

Overall, however, investing in a mobile home can be a smart move for real estate investors who are looking to get started with a lower upfront investment and have a reliable source of rental income. If you're considering real estate investing, don't overlook this often-overlooked sector of the market.

There are several compelling reasons why someone should consider buying and holding properties in Fayetteville, North Carolina:

1. Strong Population Growth: Fayetteville is one of the fastest-growing cities in North Carolina, with a population of approximately 210,000 people. The city's population has grown by 11.7% since 2010, which is higher than the national average of 7.6%. This means that there is a growing demand for housing in the area, which is good news for property owners.

2. Affordable Housing: Fayetteville has a relatively low cost of living compared to other cities in North Carolina. The median home value in Fayetteville is $130,000, which is significantly lower than the state average of $204,900. This makes Fayetteville an attractive option for buyers who are looking for affordable housing options.

3. Military Presence: Fayetteville is home to Fort Bragg, one of the largest military installations in the world. The military presence in the area creates a steady demand for housing, as military families are often looking for rental properties or homes to purchase. This means that there is a strong rental market in Fayetteville, which can be a great opportunity for property investors.

4. Strong Rental Market: As mentioned, the military presence in Fayetteville creates a strong rental market. The average rent for a 2-bedroom apartment in Fayetteville is $900 per month, which is lower than the national average of $1,200 per month. This means that rental properties in Fayetteville can generate a steady stream of income for property investors.

5. Potential for Appreciation: While past performance is not always indicative of future results, the Fayetteville housing market has shown some signs of appreciation in recent years. According to Zillow, the median home value in Fayetteville has increased by 5.4% over the past year. This means that property owners in Fayetteville may see their investment appreciate over time.

Overall, Fayetteville offers a strong case for why buying and holding properties in the area can be a smart investment. With a growing population, affordable housing options, a strong rental market, and the potential for appreciation, Fayetteville is worth considering for property investors.

Post: Plenty of properties not enough buyers

Christopher WynnPosted
  • Posts 11
  • Votes 14

Hi All, I'm a real estate broker here in Raleigh/Fayetteville I focus solely on investment properties in my area and bringing them to my buyers. I was wondering if anyone had any advice on how to find active End buyers to build my list? 

Thank you for any help! 

Post: Luxury Builders In Raleigh NC

Christopher WynnPosted
  • Posts 11
  • Votes 14
Quote from @Adam Schneider:

@Christopher Wynn. Contact Alex Yost with Exeter. Great guy. Tell him I said hello.


 Thank you, will do!

Post: Luxury Builders In Raleigh NC

Christopher WynnPosted
  • Posts 11
  • Votes 14

trying to find access to a network of luxury builders for a plot of land in North Western Raleigh. 

As things start to pick up and more properties are coming and going on the marketplace, is now a good time for new investors to jump in and get started? 

Also what are some recommendations for strategies for first time investors? 

Should they start with a fix & flip or a couple before buying anything Brrr or vice versa? 

Any Input is appreciated! 

Awesome! Thank you for the reply. 

Quote from @Jay Hurst:
Quote from @Christopher Wynn:

Is it possible to refinance a Hard money loan into a FHA loan?

I'd love to hear anyones feedback on this or another strategy that does work. 

Thank you!

 @Christopher Wynn FHA is only for owner occupied properties. is the plan to move into the property?

yes, in this situation they are wanting to buy a property that needs work, get it up to FHA standards then move in. 

Is it possible to refinance a Hard money loan into a FHA loan?

I'd love to hear anyones feedback on this or another strategy that does work. 

Thank you!

Post: picking out new Contractors?

Christopher WynnPosted
  • Posts 11
  • Votes 14

1. how are you finding your network of Contractors in your market?

2. what is your checklist when selecting new contractors?

Ext: any bad experiences you can share to watch out for or try to avoid?