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All Forum Posts by: Melissa Camden

Melissa Camden has started 3 posts and replied 8 times.

Post: I'm having trouble finding a tenant for my rental

Melissa CamdenPosted
  • Cameron, NC
  • Posts 9
  • Votes 2

@Pedro Padierna

Just my two cents from a renter point of view: the truck wouldn’t bother me at all.

Post: Meeting realtor out of state (Montgomery AL)

Melissa CamdenPosted
  • Cameron, NC
  • Posts 9
  • Votes 2
Originally posted by @Jake Roland:

Hey Melissa, I'm in the Auburn-Opelika area about 40 mins from Montgomery. If you're interested I could show you a few properties here as well on your way back from FL to see if you'd like this area or at least give you other options. It is a university town. Economy is very stable and growth is good and some deals can be found pretty cheap. Just let me know!

Hello Jake. Thank you for your offer. Unfortunately, the realtor never got back to me about setting up a time but I am still very interested in investing in Alabama. Do you work with people out of state? If you're willing to work with a REI newbie I'll shoot you a PM!

Post: Meeting realtor out of state (Montgomery AL)

Melissa CamdenPosted
  • Cameron, NC
  • Posts 9
  • Votes 2

@Joe Richardson@Denise Evans Thank you for the words of encouragement and great ideas. I shall see how this goes!

Post: Meeting realtor out of state (Montgomery AL)

Melissa CamdenPosted
  • Cameron, NC
  • Posts 9
  • Votes 2

Hello everyone,

I have listened to a lot of podcasts and read some books and want to start making moves in real estate. I currently am stationed at Pope AAF (Ft Bragg) North Carolina and am interested in investing in Montgomery Alabama because it seems to be cheap. I was looking on Zillow at some properties and got in touch with a realtor who knows a property management company and a broker to use. He wants to meet on my way back from Florida and show some neighborhoods and talk about what I'm interested in/my budget. However, being completely new to real estate investing I feel like I don't even know what I'm getting myself into and am nervous... I don't have any cash to buy homes outright so I'd want to start small. I feel very underprepared for this meeting... Does anyone have any advice about how I can prepare for a meeting like this? He knows I'm new to real estate investing and is willing to keep in touch with deals on the MLS. Sorry if this post was too vague...

Thank you.

Post: Too good to be true?

Melissa CamdenPosted
  • Cameron, NC
  • Posts 9
  • Votes 2

Hello, I am in the education phase of real estate investing and keeping an eye on Zillow in the process. I noticed this came up and I am curious why a fully occupied apartment would go up for sale. Why wouldn't someone want to hold this and keep making money? Would you jump on this or are you as skeptical as I am? I don't have a ton of money saved up so that is why I'm not jumping on buying my first rental property.

 https://www.zillow.com/homes/for_sale/condo,apartm...

Post: Opinions on a property

Melissa CamdenPosted
  • Cameron, NC
  • Posts 9
  • Votes 2
Originally posted by @Account Closed:
Originally posted by @Melissa Camden:

Hello I am just beginning my real estate investing journey. A little about me - I am currently AD military living near the Ft Bragg area in North Carolina. I don't have the most money saved but I would like to start working my way towards financial freedom. 

I have been looking at this property but because I am skeptical I would like thoughts on if this seems to be a good idea or not. I don't have a ton of money to start but I could get a VA loan and a line of credit to do any rehab. Also why did this house sell for so cheap ($6,000) in 2016 and is now being turned around for $45,000? The link is posted below. What would YOU do?

Thank you for your time.

 https://www.zillow.com/homedetails/220-Andy-St-Fay...

 It was probably a foreclosure in 2016 or if it was free and clear at the time, the seller needed immediate money and didn't want the house. See if the current seller will carry the note and be the bank for you. That way you don't have to use a bank. If you are uncertain of the houses' roof, heating, wiring, plumbing, etc have them inspected. It might be a good deal. It depends on what your exit strategy is.

Ok thanks for the tips

Post: Opinions on a property

Melissa CamdenPosted
  • Cameron, NC
  • Posts 9
  • Votes 2
Originally posted by @Adam Schneider:

@Melissa Camden I'd reach out to Becky Addison, who coincidentally lives in Cameron, and does wholesaling in Fayetteville. Get her opinion. She hosts a local REI in FAY once a month.

  Ok I will. Thanks a lot!  

Post: Opinions on a property

Melissa CamdenPosted
  • Cameron, NC
  • Posts 9
  • Votes 2

Hello I am just beginning my real estate investing journey. A little about me - I am currently AD military living near the Ft Bragg area in North Carolina. I don't have the most money saved but I would like to start working my way towards financial freedom. 

I have been looking at this property but because I am skeptical I would like thoughts on if this seems to be a good idea or not. I don't have a ton of money to start but I could get a VA loan and a line of credit to do any rehab. Also why did this house sell for so cheap ($6,000) in 2016 and is now being turned around for $45,000? The link is posted below. What would YOU do?

Thank you for your time.

 https://www.zillow.com/homedetails/220-Andy-St-Fay...