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All Forum Posts by: Jorge R.

Jorge R. has started 15 posts and replied 33 times.

Post: Davidson Students and Local Investor Meetup

Jorge R.Posted
  • Specialist
  • Davidson, NC
  • Posts 35
  • Votes 6
Coming

Post: Preparing for the next housing crash

Jorge R.Posted
  • Specialist
  • Davidson, NC
  • Posts 35
  • Votes 6
What do you mean by “evergreen” ?

Post: Meetup in Davidson NC

Jorge R.Posted
  • Specialist
  • Davidson, NC
  • Posts 35
  • Votes 6

Hey!  I’m in Davidson and would love to meet with you guys.   Haven’t been on BP in a while and was pleasantly surprised to see this post.  

When do you meet?

Post: Investor friendly closing attorneys in Gastonia?

Jorge R.Posted
  • Specialist
  • Davidson, NC
  • Posts 35
  • Votes 6
Recommendations, suggestions much appreciated...

Post: Auction.com homeowner question

Jorge R.Posted
  • Specialist
  • Davidson, NC
  • Posts 35
  • Votes 6

Thanks Steven, that makes sense...  

Post: Auction.com homeowner question

Jorge R.Posted
  • Specialist
  • Davidson, NC
  • Posts 35
  • Votes 6

Hello All...  Can a homeowner with a property on Auction.com accept a cash offer and prevent the Auction.com sale?  

I have approached several homeowners in this situation and I have one that is engaging in the conversation.

Post: Building a Team in Charlotte!

Jorge R.Posted
  • Specialist
  • Davidson, NC
  • Posts 35
  • Votes 6

Hi Daniel,

I see you are planning on attending the LKN meetup tonight...  I look forward to meeting you there.

I'll be happy to connect you with a few of my resources.

Post: Cornelius/Lake Norman Investor Meetup

Jorge R.Posted
  • Specialist
  • Davidson, NC
  • Posts 35
  • Votes 6

The headline of the meeting description says the meeting is to be held on the 17th (at 4:30 am).  If you click through, you'll see the meeting is for the 16th...  Sorry I missed it.  Hope to see you guys next month.

Post: South Charlotte Flip - Should have kept it...

Jorge R.Posted
  • Specialist
  • Davidson, NC
  • Posts 35
  • Votes 6

Hi @Michael Clay,

The process took far longer than I had hoped.  

I had to close in early July then went on a vacation for most of the rest of July.  Then it took me a while to get a contractor.   I ended up going with a friend for a variety of reasons.  He had a full time job so he would work on nights and weekends so it took a long time.  It was approaching the holidays when it was 100% finished.

I decided to wait until January to put it on the market so it wouldn't go stale during the holidays and ending up selling in February.

As I mentioned, I should have kept it.  I like the Idlewild South neighborhood and I know prices will continue to increase.  Beyond that, rents weren't bad.

All in all, it was a great learning experience and I made some $$...   Can't complain about that. 

Post: Renting to mental health for a group home

Jorge R.Posted
  • Specialist
  • Davidson, NC
  • Posts 35
  • Votes 6

Thanks for the suggestion @GlennMccrorey.

I just listened to your podcast in it's entirety...  You are the perfect guy to answer my questions.  I feel much more comfortable going forward with this.

One more quick question, I ended up getting a HELOC on this property so I had to put it back into my own name. Would you recommend I keep it as is?

Thanks!!