All Forum Posts by: Heath Sizick

In addition to tangible screening such as credit checks, evictions, criminal background, & income checks consider intangibles as well - how well do they communicate with you & how professional? You want the highest quality tenant as possible & those two intangibles we find makes a difference. 

Welcome to NC! Love it here. I've connected with a few from Charlotte in here. I am in coastal Carolina.

Welcome Jonathan. I am in coastal Carolina - let me me know if you want to look at investing over here.

Hey Anthony - what part of NC?

Hey Gary. Welcome to BP. I used to live in Peoria & attended GCC. If I hear of anything or anyone that could be helpful for you I will let you know. 

Congratulations! Wow that is exciting & I am sure there are many (including myself) who are jealous we didn't start investing at a younger age.

I am going to let the experienced investors answer your great questions. My expertise is property management & I could help you with how to choose the right property management company, but it appears you are planning on self-managing. I'd encourage you to be tight with your lease & learn the local laws so you are compliant.

You will definitely be a young landlord but how you handle yourself will set the stage. You are a business owner now - just act like it. Be professional in your communication & in-person presentation. As a college student landlord you may have interaction with parents & if they find you unprofessional that may raise red flags, but if you have your s**t together you can ease those concerns.

I am a big fan of college rentals. Getting connected with a campus organization to advertise your rental may be a good idea. May find a higher quality of student & you get all students from that organization in your home they will find the next tenant from within their organization when they move out. Campus ministries are a good example (Cru, Young Life, InterVarsity). Good luck - looking forward to hearing the experts with their advice!

Good stuff. If you decide to invest I would encourage you to check out North Carolina. It's a landlord friendly state & many people are moving down here - especially Charlotte, Raleigh-Durham, & coastal carolina. I am in coastal carolina & we have a vibrant rental market. We also have Camp LeJune (Marine base) which is a great tenant pool. Good luck! Glad we connected.

Good stuff already said. Not all PM companies are equal - not just in service but in helpfulness. We are a company of investors for investors so we would be excited to help you - whether speaking to RE agent, getting you connected locally with networking opportunities, putting you on a series of helpful emails that help you know what to look for in PM, self-managing, etc. Our owner also hosts a quarterly workshop for investors. 

I am not sure where you are located, but I'd encourage you to call around to PM's & you may find one willing to help you. Good luck!

Hey David, welcome to BP. You have some good advice already in here. I'd only add to your potential areas Jacksonville, Sneads Ferry, & Holly Ridge here in coastal Carolina. It's a great market for LTR due to Camp LeJune (marine base) being here & the attraction of coastal living. I can refer you to a real estate agent who works with investors - most who are newer investors.  

 Every door closed is an opportunity for a better door. Happy hunting!