All Forum Posts by: Khalid Powell

Hey everyone,

There is this property that I am looking at and its not in a particularly nice area, however it is 2 blocks of downtown and a major tech employer in Raleigh. I feel like it could be a promising property if Raleigh plans on expanding in its direction but it could be a headache if they don't. How can I look up the city's development plans and tell if money is going that direction?

I have found two vacant homes in my city that are owned by LLCs that have owned them for 3-5 years. Would it be a waste of time to market to them?

One LLC is local and the other is based or was founded in Georgia.

@Eric Weireter Yes, and residential

Hey,

Are there any investors that specialize in land development in Raleigh? I'm new to investing and haven't had a chance to attend a TREIA meeting and wanted to network with some.

Okay, I sent out a yellow letter to the owner of a property looking to wholesale the home. However, I just found out that he has had it rezoned to a medium density residential piece of land. I am new to wholesaling and have no idea how to handle a zoning issue or how to pitch this to a buyer.

Should I give up on the lead or find a developer?

Also, what information should I put together for a developer that I may end up being able to pass this lead on to?

It's 1.5 acres of land and they want 700k for it.

@Brent Coombs I didn't pay any guru's lol just listened to these two goofs that started a real estate forum, drove around looking for homes and just dove in. Kinda silly I guess lol