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All Forum Posts by: Nancy E.

Nancy E. has started 5 posts and replied 122 times.

Post: Serious risk in owning multiple properties?

Nancy E.Posted
  • Rental Property Investor
  • Charlotte, NC
  • Posts 128
  • Votes 29

Hello,

I concur with the other comments on diversification to limit one's risk. The ultimate goal is to have enough properties to off set any vacancy and reserves in place to insure continuous cash flow.

Good question...

Post: New Member from Stark County Ohio

Nancy E.Posted
  • Rental Property Investor
  • Charlotte, NC
  • Posts 128
  • Votes 29

@Stephanie Weston

Welcome to BP - it's a great social network with a lot of useful information. As a Pro member, I suggest you explore, read, and listen to the many Podcast available on this site. I have enjoyed all the webinars and podcast the BP site has to offer and you will too!

Good luck and keep posting.

From Nancy 

Post: Newbie from Jacksonville, FL

Nancy E.Posted
  • Rental Property Investor
  • Charlotte, NC
  • Posts 128
  • Votes 29

@Chris Lay

Welcome to Bigger Pockets -  and best wishes as you progress your RE endeavors.

Post: Turnkey fees

Nancy E.Posted
  • Rental Property Investor
  • Charlotte, NC
  • Posts 128
  • Votes 29

@Alex Yaro

Hello Alex,

Good question and thanks for asking the BP community, since Memphis is our next area of interest.  Keep us updated on your progress.

From Nancy

Post: New member from Lee County, FL

Nancy E.Posted
  • Rental Property Investor
  • Charlotte, NC
  • Posts 128
  • Votes 29

Hello Paul,

@Paul Deckard 

Welcome to BP it is a great place to learn and network.

I am looking forward to reading your future post.

From Nancy

Post: The Journey has begun!!!! Closed on 1st property

Nancy E.Posted
  • Rental Property Investor
  • Charlotte, NC
  • Posts 128
  • Votes 29

@Justin Kroepfl

Hello Justin

Congratulations on your first Multi Family purchase. My ultimate goal is to acquire several Multi Family units, but I decided to start with Single Family houses, since there are various opportunities in that market.  Keep us posted and best wishes as you progress.

From Nancy

Post: Help.. Struggling to rent first investment property

Nancy E.Posted
  • Rental Property Investor
  • Charlotte, NC
  • Posts 128
  • Votes 29

@Katherine T.

Have you tried advertising at the local university or community college; or any companies that are in the vicinity to the property? Some businesses are willing to agree to short term leases for out-of-town guest. 

From Nancy

Post: Out of state buy and hold

Nancy E.Posted
  • Rental Property Investor
  • Charlotte, NC
  • Posts 128
  • Votes 29

Hello Valerie,

@Valerie Couch I just contacted SmartLand a few days ago (interested in obtaining information about the business).

Are you a SmartLand rep who can answer investor's questions if so please PM me at your convenience and maybe we can chat about your services and inventory.

From Nancy 

Post: Just Moved to Tampa - Will Trade Beer for Knowledge!

Nancy E.Posted
  • Rental Property Investor
  • Charlotte, NC
  • Posts 128
  • Votes 29

Hello,

@Jack Gray Welcome to Tampa and BP. Bigger Pockets has a lot of resources from books to podcast to contact information.  We look forward to reading your post and wish you the best in your endeavor.

From Nancy

Post: New member from Texas

Nancy E.Posted
  • Rental Property Investor
  • Charlotte, NC
  • Posts 128
  • Votes 29

Hello Jon,

@Jon Horton

Welcome to Bigger Pockets and good luck with the turnkey method. I have been reading post and listening to podcast for the last six to eight months; and, we finally progressed from learning to securing a deal.  "Take Action!"

At some point you have to take what you are learning and gamble. There is fear, but the only way to proceed is to try.  Start small and work your way up...

Best wishes and the BP community is available at all times.

From Nancy