All Forum Posts by: Gina Dovel

I'm startin my LLC to buy and flip houses and buy and hold. I need an investor friendly bank to begin this venture with. Who would you recommend in the Greensboro area?

Thanks!

Gina

@dave meadows did you find a bank? I'm in Oak Ridge between Greensboro and Kernersville and I'm looking for a bank that is investor friendly. 

@Jefferson Lilly I listened to your podcast yesterday! I am very interested in mobile home parks. I just saw one this morning on a site and was wondering if I could send you the details to take a look at and let me know what you think? 

I own several rental properties. One I have owned for 25 years. I am about to buy a house in the same neighborhood to rehab and resale.  I was wondering if, tax wise, if it would be smarter to rent the house I am about to purchase after I do some rehab to it and then fix up my other rental and sell it so I can do a 1031 exchange. 

I'm interested in hearing answers to this too! There is a really good deal in my area on a house but it says in the description that the paint is peeling and it possibly has lead paint issues. 

Hi Mark! Thanks for sharing.  I am looking for my first property to rehab and flip so this was a good reminder to me to be careful!  

I've been looking on LoopNet for Multi-unit properties in North Carolina and wanted to get some opinions from my experienced BP members.

Church Street Apartments

264 Church Street, Concord, NC 28078

$465,000

14 Units 

Multifamily Property For Sale

Building Size:0 SFPrice/Unit:$33,214.29 Property Type:MultifamilyProperty Sub-type:Garden/Low-RiseProperty Use Type:InvestmentCommission Split:3% Cap Rate:13% Gross Rent Multiplier:6.62 Occupancy:100% Lot Size:0.53 ACAPN / Parcel ID:56217008770000Listing 

Net Operating Income $60,450

Here is a link to the property http://www.loopnet.com/xNet/MainSite/Listing/Profile/Profile.aspx?LID=19048378&SRID=5435875991&StepID=101

Can you tell me what the rent is for each unit and the current occupancy as well as if there are any repairs that need to be made. How many bedrooms/bathrooms does each unit have? 

Thanks!

Gina

Hi!

I am looking for an income producing multi-family units in the Greensboro, NC area. I would also be open to purchasing a lot of single family rentals. 

Thanks!

Gina

Hi Anthony!

I am a new investor in NC and I am interested in finding out more about the 6 plex. How much is the monthly rent? What is the net income from this property? 

Thank you!

Gina