All Forum Posts by: Greg Jennings

Hi, completely new to all this and I starting learning about real estate investing a few months ago. I am looking to purchase some property in my region in North Carolina. Specifically looking at lots/acreage without structures. Are there websites available that tell you who owns certain land, so if they aren't listed as selling the property I can reach out to them to make offers? Or websites that detail the property like if most of it is uninhabitable, flood zones, protected wildlife, etc? I just am trying to analyze my surroundings to see what potential there is. 

I think what we are seeing is asset hyperinflation which is a symptom of our current financial system. RE is experiencing it but look outside of RE and it is happening (stocks/tech), things are just becoming overvalued. We are printing money like it’s nothing. In 2007/08 congress passed TARP and it was $700billion, and it was a huge deal. We are passing trillion dollar bills every other week now and nobody is thinking twice about it! I don’t see how there is specifically a real estate bubble or how this should change your investing strategies. It will be interesting to see what happens to the US dollar in the next 5-10years though. Anyone else have input on this idea?

@Sheena Drake

Thank you for your story. Do you do mainly SFH or multi units? Do you use property manager? Any out of state investments?

I am a new physician just moved to NC and would like to get into real estate investing. The area I am in has been growing for the past 5-10 years and I see a lot of potential. I have starting listening to podcasts/reading books to learn the process and was debating just purchasing a relatively cheap SFH property (80-120k) to just jump into it (trial by fire?). I have seen some older posts with similar situations but given the pandemic, eviction moratoriums, scarce inventory on the market, I felt some more up to date info was needed. I do have a ton of debt, but am pursuing the PSLF pathway. My COL is pretty low so I can easily afford maintaining a cheap property. My schedule would likely allow me to manage a property, but I would rather do property management company if possible (cash flow isn't my #1 priority at this time). Do you think it would be worth waiting or should I do it even though it is a weird market? If any other physicians here please share your experience on here as well!