All Forum Posts by: Norman Whitley

What i was playing to do with the property is see if it's room to wholesale or flip.. I thought long and hard about going the direction of seeing if the seller will hold the loan for me. One property currently have a tenant in it. I'm still gaining info on how much the tenant is paying monthly for the property. I do believe that the property can support rent increase because it's within one mile of a university. I have ran the comps for the property. (Talking about the property for 75k) the property was bought in 2012 for 50k. Only one property like it was sold in the last 6months but when ran the comps for last 12 months. 2 properties just like it sold for 84k-93k. There is 1 property that's currently pending in the area with list price of 93k. There is 5 units like it currently for sale with list price of 91k-108k with 72-20 DOM

Hello everyone. My name is Norman Whitley from Moderate Property Investors, LLC. I'm currently live in Greensboro NC. I'm new to REI but having been doing research and studying for almost two years now. Now I'm ready to take my leap to see if i can gather all the information and excel in this business. I met and investors who does investing international. He stated that he would sell his two properties to me once I told him I was and investor. One property is 3 bedrooms condo around 1200ft asking $65k and estimated at 74k. Zip code avg list price 174k. The second property 2 bedrooms townhouse 1100 ft asking 75k and estimated at 82k. Being that this is my first time I'm scared to step out there because 1) not sure if it's good enough deal 2) it felt in my lap too easy for it to be a good deal. Can you guys give me advice or help and I'll do a JV with you??

Thomas Mark and Jeremy White do you all offer mentor opportunities or partnership?? I'm new to REI and also live in the Greensboro area and ready to find my first rent and hold property

I'm currently living in Greensboro NC and I'm new to REI. I've read books and looked at different videos but bp and the people dialog. I have also attended weekly meetings when I'm not working. I work full time and also attending school for Masters. For a new investor would it be wise to partner up with someone that's a seasoned veteran?? How do i approach someone to mentor me when I don't have much to offer them. What advice could you give me starting up here in NC? How to I search for partners? I'm looking to rent and hold or lease with option to own

I'm currently living in Greensboro NC and I'm new to REI. I've read books and looked at different videos but bp and the people dialog. I have also attended weekly meetings when I'm not working. I work full time and also attending school for Masters. For a new investor would it be wise to partner up with someone that's a seasoned veteran?? How do i approach someone to mentor me when I don't have much to offer them. What advice could you give me starting up here in NC? How to I search for partners?