All Forum Posts by: Chalie Krautkramer

@Dan Barli thank you for the advice. Didnt know that was an option on here! I'll check it out

Looking to build my team. Need to find a CPA that has experience working with real estate investors. Any recommendations for Cumberland county, Harnett County, or surrounding areas?

@Yuval Sadeh Fayetteville would be better for buy and hold rentals because of the military base. A lot of people there for short periods coming and going.

@Sophia Griffies @Latonia Parks

Thank you for the info! I will check both of them out(:

@Chris Shelton if the side you're living in is already renovated could your tenants move into that side and you move into their unit while you install the flooring. You'd still be house hacking and your tenants wouldn't have to move far.

@Sophia Griffies When is the next meetup in Fayetteville? Glad you guys expanded to this area. Just bought my second rental there back in October.

@Joseph Druther Count me in! I’m a new investor in the area. Have a condo in Fayetteville and a SFH in Broadway. Began investing last March and eager to learn from some more experienced investors. See you on the 11th!

@Alexander Felice thank you for the suggestion. I will keep that in mind when comparing the rates.

@Reggie Ramsey Thank you for the advice! I’ll check them out.

Hello BiggerPockets family. I finally bought my first rental property in October of last year and was super excited, even had tenants in there by November. Its a first floor condo in Fayetteville, NC. Purchased at $38,000 and rented for 800 a month. Great deal. However in January the condo on the third floor had pipes bust and flooded my property. Beginners luck right. I had insurance policy that covered the loss of rent and the HOA cut us a check to renovate it ourselves. My insurance company just sent me a letter stating they will no longer cover me after October of this year. Does anybody In the area know where I could find a good insurance company that will cover my property after this situation? Also, apparently this had happened before but the previous owners did not disclose that information. If I had known about the weak plumbing I may not have purchased the property. However that’s probably why I got a good deal. Thanks for reading.