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All Forum Posts by: Kwame Williams

Kwame Williams has started 0 posts and replied 13 times.

Post: Looking for Contractor - Greensboro, NC

Kwame WilliamsPosted
  • Flipper/Rehabber
  • Greensboro, NC
  • Posts 16
  • Votes 5

@Matthew Vaughan

https://www.boninoconstruction.com/

Post: Seeking Investment Property in Greensboro NC

Kwame WilliamsPosted
  • Flipper/Rehabber
  • Greensboro, NC
  • Posts 16
  • Votes 5

@Matt Lengel I am an investor and deal finder, I dont mind doing some off market looking in some areas if u identify your criteria.

Post: Investment property under $200K

Kwame WilliamsPosted
  • Flipper/Rehabber
  • Greensboro, NC
  • Posts 16
  • Votes 5

@Rushda Hakim

Take a look in the Carolinas, specifically 1) Raleigh and surrounding areas Durham and Research Triangle Park

2) Charlotte

3) Piedmont Triad - Greensboro, Winston-Salem, High Point.

Lots of value and opportunity in starter homes 90k - $250 price point.

Post: Very long distance investing

Kwame WilliamsPosted
  • Flipper/Rehabber
  • Greensboro, NC
  • Posts 16
  • Votes 5

@Scott Bell I can be a resource in Greensboro. I live and invest in Greensboro.

Post: Beach Condominium Flips

Kwame WilliamsPosted
  • Flipper/Rehabber
  • Greensboro, NC
  • Posts 16
  • Votes 5

@Karl McGarvey

Interesting niche, where location wise?

Post: Virtual Greensboro DealSession - Marketplace for wholesale deals!

Kwame WilliamsPosted
  • Flipper/Rehabber
  • Greensboro, NC
  • Posts 16
  • Votes 5

@Munish Bhargav

Or email

[email protected]

Post: Multifamily Investing in Greensboro

Kwame WilliamsPosted
  • Flipper/Rehabber
  • Greensboro, NC
  • Posts 16
  • Votes 5

@Noa Lawton I source deals in the area your interested in. I can be a resource.

Post: Virtual Greensboro DealSession - Marketplace for wholesale deals!

Kwame WilliamsPosted
  • Flipper/Rehabber
  • Greensboro, NC
  • Posts 16
  • Votes 5

@Munish Bhargav. Are you still looking for properties in Greensboro, NC?

Post: How much is "enough" reserve for vacancies?

Kwame WilliamsPosted
  • Flipper/Rehabber
  • Greensboro, NC
  • Posts 16
  • Votes 5

@Matt R.

Vacancy is not always because your having a tough time finding tenants willing to pay market rent. There are a variety of unforeseen reasons you could be forced to carry your property and not have tenants and cash flow.

As such, I dont think you can have enough reserves...

I would continue to accrue the vacancy reserves in a safe place until you execute your exit strategy. I personally wouldn't be comfortable with less than the equivalent of a full years net cash flow as a reserve before I changed my accruals. Natural disaster, property damage remediation are two that can leave you in a serious pinch.

Kwame

Post: Starting out in SoCal: Riverside

Kwame WilliamsPosted
  • Flipper/Rehabber
  • Greensboro, NC
  • Posts 16
  • Votes 5

@Evan Snyder that's the least I can do. What's your email?