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All Forum Posts by: Account Closed

Account Closed has started 8 posts and replied 43 times.

Post: General Discusson About Fayetteville, NC

Account ClosedPosted
  • Rental Property Investor
  • Raleigh, NC
  • Posts 50
  • Votes 21

I would like to chime in here if I may.

I recently purchased 3 sfh in Fayetteville; closing were in April, May and July. After my rehabs they all rented out approx. 1-2weeks(except1) - market rents

These were located off Bingham rd, in southgate, and off Graham/Strickland rd. 

Southgate was the longest to rent , Graham/Strickland (jack britt) easy, Bingham was real easy but took the longest to rehab with two baths gutted and new flooring throughout and cabinets.

Market rents were $950(2) and $850

If you have the right property management with good rehab and not that shady crab people do like cleaning a 5 yr old carpet or put rolled vinyl in living area (stupid) and lipstick the heck out of it then it will be occupied. 

All 3 of mine are in different classes of neighborhoods (no war zones) two different school districts and no problems

Looking at three others right now

Thanks rob

Post: General Discusson About Fayetteville, NC

Account ClosedPosted
  • Rental Property Investor
  • Raleigh, NC
  • Posts 50
  • Votes 21

I would like to chime in here if I may.

I recently purchased 3 sfh in Fayetteville; closing were in April, May and July. After my rehabs they all rented out approx. 1-2weeks(except1) - market rents

These were located off Bingham rd, in southgate, and off Graham/Strickland rd. 

Southgate was the longest to rent , Graham/Strickland (jack britt) easy, Bingham was real easy but took the longest to rehab with two baths gutted and new flooring throughout and cabinets.

Market rents were $950(2) and $850

If you have the right property management with good rehab and not that shady crab people do like cleaning a 5 yr old carpet or put rolled vinyl in living area (stupid) and lipstick the heck out of it then it will be occupied. 

All 3 of mine are in different classes of neighborhoods (no war zones) two different school districts and no problems

Looking at three others right now

Thanks rob

Post: General contractors Fayetteville, NC

Account ClosedPosted
  • Rental Property Investor
  • Raleigh, NC
  • Posts 50
  • Votes 21

@Chris Shelton, same here brother

Just finished a 2.5 month rehab on a rental in Fayetteville, done myself, what a pain since I live in a raleigh. Everyday I had off I was down there.

I did find a good flooring guy that has expertise in the construction field,but works alone; you just had to keep him on a time schedule.

His work was great but just another aspect to deal with.  

If you find one let me know and I will do the same. Also do you deal with a good realtor as well

Rob

Post: Raleigh/Durham & Surrounding Areas Meetup

Account ClosedPosted
  • Rental Property Investor
  • Raleigh, NC
  • Posts 50
  • Votes 21

sorry I can’t make it but keep me updated with other meet ups

Thanks

Post: April Raleigh, NC Meetup

Account ClosedPosted
  • Rental Property Investor
  • Raleigh, NC
  • Posts 50
  • Votes 21

NEVER been to a RE meeting, ever! But I probably should get out there and meet a few.  I am new to the business and in the process of acquiring. Love to hear what info is out there

Thanks

Post: Fayetteville property management

Account ClosedPosted
  • Rental Property Investor
  • Raleigh, NC
  • Posts 50
  • Votes 21

hi guys & gals

I am in contract with my first SFH in Fayetteville NC. It is in the best school district. I am from there and I am looking for the top PMs in this area that I can Vet.

Any info helps

Thanks

Post: Whatsup with Fayetteville NC Housing Market?

Account ClosedPosted
  • Rental Property Investor
  • Raleigh, NC
  • Posts 50
  • Votes 21

so, after a year since your question about Fayetteville, did go into the Fayetteville market? How did it fair? What area did you look into?

Post: Cleveland West side TriPlex for sale! $60,000

Account ClosedPosted
  • Rental Property Investor
  • Raleigh, NC
  • Posts 50
  • Votes 21

If still avail, please send if to [email protected]

any other tri quads let me know as well thanks

rob

Post: HUGE 4-Unit in Indianapolis! 21% CAP RATE, ONLY $54,900!

Account ClosedPosted
  • Rental Property Investor
  • Raleigh, NC
  • Posts 50
  • Votes 21

Clay if you could send info that would be greatly appreciated

OM, T12, rent rolls, last purchased/priced, to [email protected]

Thanks

Post: Two Fourplex for Sell Jax FL ONLY $499,900! 16 beds 16 baths unit

Account ClosedPosted
  • Rental Property Investor
  • Raleigh, NC
  • Posts 50
  • Votes 21

Hi Lillie,

Could you provideT12, rent roll,expenses (include vac) and detailed photos. upgrade years, last purchased and price.

[email protected]