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All Forum Posts by: Liz Barcelos

Liz Barcelos has started 3 posts and replied 7 times.

Post: Managing Rehabs out of state

Liz BarcelosPosted
  • Investor
  • Charlotte, NC
  • Posts 7
  • Votes 2

Curious to hear from out of state investors. Wanted to see how you started, what markets you invest and why. I currently started investing in the Charlotte market, but wanted to explore other markets as well.

Post: Discouraged After Speaking With Active Investors

Liz BarcelosPosted
  • Investor
  • Charlotte, NC
  • Posts 7
  • Votes 2

@Jonathan Giglio everyone is talking from their own perspective and their experience and the experience they’ve absorbed from other people. While I think it’s great to learn from other ppl’s mistakes don’t let that drive your decisions. I always try to focus on a mind of abundance and opportunity, so with that in mind I know that no matter what happens there’s always a way to be successful in RE. The same applies to every area in your life. Always educate yourself so you can make the decisions that are right for you. Create a process and take one day at the time. Having processes in place allows us to not feel overwhelmed! I hope that helps! 🙌🏻

@Jane S. It all comes down to your lease agreement. I would double check and go from there. I know it’s kinda vague, but there where I’d start

Post: Keeping GC accountable

Liz BarcelosPosted
  • Investor
  • Charlotte, NC
  • Posts 7
  • Votes 2

These are awesome suggestions! Thank you all so much :) 

Post: Keeping GC accountable

Liz BarcelosPosted
  • Investor
  • Charlotte, NC
  • Posts 7
  • Votes 2

Curious to see what systems & processes you use to keep your GC accountable during rehab phase.

Post: How much should I charge the Rent?

Liz BarcelosPosted
  • Investor
  • Charlotte, NC
  • Posts 7
  • Votes 2

@Fahadbin Alam there are a few things you can do. Here is a quick list to make sure you’re pricing it accordingly:

- ask your agent to run comps on rentals (there is an option for that)

- check Zillow for rent zestimate

- network with other investors who invest in the area to get their insight

- have a property management company assist you with the rental pricing

I hope that helps!

Post: Hiring process - General contractor

Liz BarcelosPosted
  • Investor
  • Charlotte, NC
  • Posts 7
  • Votes 2

I would love to hear what types of questions you ask when interviewing a commercial GC. Any tips on how to screen/hire them?