All Forum Posts by: David Lee

@David Chwaszczewski it's good to meet another NC investor. I look forward to reading about your success and networking with you.

@Matt Hiley welcome to BP. It's good to see another investor in NC. I look forward to reading about your success. Be sure and check the podcast because there is unlimited learning potential . 

I have bid on 3 separate auctions and I have won 2 of them. The 2 that i won were from auction.com. The first transaction went pretty smoothly but the second one not so much. I really noticed in the second that they had very little knowledge of real estate and how things work.

it's good to see another investor in NC. Be sure and check out the podcast because they are full of good things to learn.

http://www.biggerpockets.com/podcast

congrats @Tim G. Nice job. I hoping to try and do some wholesaling like you.

just closed on one 3 weeks ago for $14,700. I put some click together floor I had left over and I rent it out for $700. I closed on Tuesday and tenants were moving in on Saturday.

@Mark Neiger you can also invest in other areas. In the area I live in you can buy and repair one for less then $30,000 and then rent it out for $500 to $800 a month. This would help to build up your cash flow.

The unifour area here.

I heard on a different podcast by Justin Williams called house flipping HQ and he another BP member was on the podcast by @tim Gordon. He was telling that he had a 203k loan by a bank and had another loan by the bank that was the exact same loan just issued by the bank. So he had to one was a 203k and the other was called something else but did the same thing. I think it was podcast 31.

@Daryl Guy in the area that I am investing in I am paying cash for under $20,000 and less than $10,000 in rehab. With the rents ranging between $500 and $750 rents a month. Have you thought about investing in areas like this?