All Forum Posts by: Josh Moore

Hello @Alvin Taveras it widely depends on the location and demand of the area. The unit I recently purchased will rent for $2,000 - 2,200 mo. and I plan on living in it for 1 year so was able to get the lowest rate as owner occupied (max 2 at a time) so that helped lower my monthly PI payment to achieve more cash flow. Also, given it is close to the airport I can also list it on Airbnb as a fully furnished unit as well at a later date. 

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $465,000
Cash invested: $130,200

Larger multifamily value-add townhouses. Rents were $250+ below market on most units.

Investment Info:

Townhouse buy & hold investment in Beckley.

Purchase price: $65,000
Cash invested: $12,000

Rental Property purchased in foreclosure at county courthouse

Investment Info:

Townhouse buy & hold investment in Charlotte.

Purchase price: $312,800
Cash invested: $75,000

New Construction Townhouse to be used as rental property.

Investment Info:

Townhouse buy & hold investment in Beckley.

Purchase price: $100,000
Cash invested: $12,000

Purchased property on Homepath- Fannie Mae REO website through bank owned foreclosure sale.

Lessons learned? Challenges?

Obtain thorough property inspection prior to purchasing. Alot of mold was found in the kitchen walls a few weeks after closing.

Investment Info:

Townhouse buy & hold investment.

Purchase price: $111,800
Cash invested: $15,800

Townhouse unit- Live in rehab for 8 months then leased the unit and purchased another.

Hey Andrew, 

I seen your post and thought maybe I could help you out. I'm originally from the Beckley WV area and also still have several rental properties there. The one that many investors I know from that area use is a company called JJM Property Management. I think they have a FB page and maybe a website. Do you currently have properties in that area now?

Hope that helps,

Josh Moore

I am looking for distressed SFH properties that need rehabbed to buy in or around the Charlotte area. If you are a wholesaler please email me and i will give you my contact info.

I am currently looking for a 2-4 unit complex to buy in or around the Charlotte NC area! Price range between 150-400k.

Hey Jinyu,

I would be very interested in talking with you about the work needing done in with your NODA properties. I have done many projects of my own and also have many rentals. I have a small contractor company here in Charlotte and we have done many projects for consumers and investors here in the local area. Also work with many property management companies in the area and we have worked on many of properties they manage. We also ensure quality and are reasonably priced. My number is (304) 578-4605 Give me a call anytime or message me on here. Looking forward to talking with you. 

Thanks,

Josh Moore