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All Forum Posts by: Account Closed

Account Closed has started 2 posts and replied 4 times.

Post: Looking for Winston-Salem Realtor

Account ClosedPosted
  • Virginia Beach VA
  • Posts 4
  • Votes 1

Leigh! I hope your investing in WS is going well. I am also looking to invest in the area and in need of a real estate agent. Would you mind giving me a referral to an agent that is investor friendly if you have any? Thank you kindly.

Post: Help! Need a recommendation on GC's in Virginia Beach

Account ClosedPosted
  • Virginia Beach VA
  • Posts 4
  • Votes 1

Hello everyone, I currently live in the Virginia Beach area and am trying to do some research on a few things before I dive in to a BRRR. Like the title says I need a place to start when it comes to hiring a General Contractor. So I thought id try my luck with the BP family. If you have any knowledge of GC's that are good with investors please let me know on here or feel free to message me. Thank you everyone, Have a great week. -Josh

Post: Help! Good cash flow numbers but in lower class ghetto area

Account ClosedPosted
  • Virginia Beach VA
  • Posts 4
  • Votes 1

@John Teachout when my realtor first sent me the listing I was out of town on a work trip and it seemed like a really good opportunity so I put in an offer and got it under contract so i wouldn't loose it.This is all really good input, I was really only looking at the cashflow as my ONLY upside and now realizing the the good does not outweigh the bad. Its sounding a lot like I need to go with my initial gut after seeing the neighborhood. Thanks guys and gal!

Post: Help! Good cash flow numbers but in lower class ghetto area

Account ClosedPosted
  • Virginia Beach VA
  • Posts 4
  • Votes 1

title says it all i have a fourplex under contract and upon seeing the location was not thrilled to see that it was in kindof a ghetto area and kinda run down. However the numbers and cashflow are very good. The already in place tenants seem fine but i know that tenants come and go. I just keep going back and fourth, I'm curious to know everyones experience in this area. Thank you all!