All Forum Posts by: Derrick Blackwell

Quote from @Scott E.:

If you have skills as a general handyman and you're willing to be "on-call", you will do well if you get in touch with some short term rental property managers in your area.

Short term rentals are constantly falling apart. Clogged drains, leaky faucets, broken furniture, light bulbs out, etc. If you find somebody with a portfolio of short term rentals that they manage that should keep you very busy.

I’m interested in starting a service business and was wondering what unlicensed specific handyman services are most needed for investors. I’m considering pressure washing, roof gutter cleaning but I’m open to other ideas. Thank you 

I've been in analysis paralysis for a long time. The thing that hold me up is lack of experience. I'm thinking by becoming a realtor, property manager or home inspector I would gain experience make the right connections and build confidence in my ability to find a good investment. 

Hello to all,

I'm interested in breaking into the real estate world as a side gig. My background is in the medical field (RN). I don't have any real estate experience. I am interested in learning and earning along the way. What is the best way to learn, start a business, make connections and build my core four in real estate? 

I've considered:

1. Home inspector

2. Realtor

3. Property Manager assistant

4. Bird dog

5. Read a few books get a couple core four recommendations, buy a property and hope for the best.

Your feed back is much appreciated, Thank you.

Thank you for your time and sending that link. I feel better seeing those positive reviews.

Hello to all, 

I hope this post is kosher. I'm seeking a good property manager for long term rental in Fayetteville, N.C. 28304. I have received a recommendation and I think he is going to be good, but I don't know him. I'm reluctant to ask but as yall know choosing the right property manage can make or break you so this is my attempt at a community validation for property manager named Mark Horton. I appreciate the feedback if anyone has had worked with or is familiar with this property manager. Thank you

Thank you for the insight! I'm learning all I can about real estate. Currently reading David Greene's BRRRR book. Could you enlighten me on how to purchase 2 more properties? Are you talking about refinancing and putting down payment on 2 smaller properties?

Thanks for the insight into the Fayetteville market. I see a lot of positives but I have to wonder, with a growth rate of only 0.36% are homes likely to continue appreciating? Historically Raleigh, fuquay Varina and Charlotte have appreciated much faster. The past couple years have been outliers in every market but long term I'm thinking it will be back to historical trends. Also the thought of a war is looming in my head and how that might effect the Fayetteville market.

1. Whats your thought on how war would affect Fayetteville?
2. Do you think the appreciation rate of homes in zipcode 28304 (Jack Britt) will continue to impress?

Thank you your feed back is much appreciated.

I have a 2,500 sqft home in Fayetteville NC valued around 315K, 4 bedroom 2 1/2 bath 1/2 acre. Built in 1989, located in a desirable neighborhood. The house needs some rehab I'm guessing  $25-30K in rehab expense to bring it up to market value. I currently owe 156K. My long term goals is to accumulate long term and short term rental properties, eventually multi family. I am also learning more about assisted living. I'm a registered nurse so assisted living as a business and real estate investment is intriguing. 

My questions are:

1. Is Fayetteville NC a good long term rental property in regards to appreciation.

2. Would it be wiser to sell the house and 1031 exchange into a more valuable home in a area that is likely to appreciate faster. 

              a. For more detail I am currently paying $985 per month and Zillow has rental value at $1890

3. Redfin had Fayetteville's competitive score ranked in the 80's. Thant's one of the highest in the country. Does anyone know why Fayetteville is so competitive?

3. If America goes to war would that drop value of homes in Fayetteville?

I am new to bigger pockets and this is my first time posting on the forum. The information I have obtained has been valuable and much appreciated.

Thank you for taking the time to answer my questions, Derrick Blackwell