All Forum Posts by: Cole Oraham

Hey @Jacob Allen! There is a BP member who specializes in STRs around Lake Hartwell. I can't remember his name off the top of my head, but he is pretty active. You should be able to easily find him. I would probably reach out to him to see if he has any recommendations. 

Hey @Michael Ghizzoni!

I'm a real estate agent in Clemson. I'm happy to set you up on an auto search in the MLS. I'm a member of Western Upstate and Greater Greenville, so I could cover all of those areas for you. My company also has a property management arm, but we only focus on the greater Clemson market for property management.

I'd love to connect and answer any questions that you might have.

Hey @Anthony Aleruchi! Are you looking to purchase in the Clemson area, or are you looking for something in a surrounding area? I'm a local real estate agent and would be happy to help on the purchase of a property. Feel free to send me a message with any questions about the market.

As far as a hard money lender goes, you can check out the "network" tab on BiggerPockets for a list of them. I can also send you over the contact information for some that I know if you would like!

Once you find a home and get it under contract you would be able to get a home inspection. There are plenty of inspectors, and once again, I have a list that I could refer you to. After the inspection you would get an appraisal. If using hard money, you likely won't need to get an appraisal unless you wanted to though. Since you're flipping the property, the value in the current condition isn't really important. You can look for the article by @Chad Carson for his method for estimating ARV. It is really insightful for a quick and dirty way to do it. The best way to get familiar is just to start doing it. Analyze as many as you can. This will help you get familiar with the different areas and help you to be able to recognize something that might be undervalued when you see it.

Since you're newer, I would definitely recommend checking out the BP YouTube page and podcast for more information. You can also download a eBook by Brandon Turner for a great step by step process on the steps to take to get started in real estate. 

Congratulations on the upcoming graduation! 

@Loris Metzinger I'm a real estate agent in Clemson, but I work throughout the Upstate. Happy to help and to answer any questions that you might have about the area!

@Yamin H. I'm happy to answer any questions that you have about the Clemson market! Feel free to message me; I'd love to chat!

@Zachary Penn I am an agent out of Clemson and have some rentals in Anderson. Happy to answer any questions you have about the area! Feel free to shoot me a message or email.

@Will Gaston you are correct! Unless it was a property that was grandfathered in, most Clemson properties are zoned for no more than 2 non-related occupants. 

@Dale Graham We do both by the bed leases as well as joint and several leases. In our market it doesn't really correlate to an increased rental rate. If it is a 3 bedroom and we have it available for $1200/month, we aren't normally able to get an extra $20/person (example number) for leasing it by the bed. We let the owners of the properties decide if they want to do a J&S or individual leases. At the end of the day, it is a decision that the property owner needs to make. It can make sense to do by the bed leases in condos. If it is looking like there is a probability that the property may sit vacant, it can be better to get one person in there to at least cover part of your expenses while working to lease the other rooms.

@Colten Powell I'm happy to help answer any questions that you or your friend have. I'm in the Clemson market.

I'm in the Clemson market. It was rough trying to get leases from March-Mid May. A lot of large communities were in panic mode and offering huge concessions because leasing came to a screeching stop. Students were hesitant to sign leases due to the uncertainty of on campus classes in the fall. Activity has picked back up, and most places are nearing their normal pre-leased occupancy levels. Depending on the type of property, I think that demand is still present. I know Clemson has notified faculty that they need to be prepared to pivot to online/hybrid classes at any point during the semester. I think if that happens then we might see an uptick in delinquency and THAT could be the thing that tips the scale in favor of buyers. 

@Matt Lengel I'm a real estate agent and property manager in Clemson. Happy to answer any questions that you might have about the area or market!