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All Forum Posts by: Phuong Tran

Phuong Tran has started 4 posts and replied 19 times.

Post: Chapel Hill housing options

Phuong TranPosted
  • Chapel Hill, NC
  • Posts 19
  • Votes 7

I already bought a place with a member's help, but I know someone who is looking in that area. Can you DM me?

Post: Chapel Hill housing options

Phuong TranPosted
  • Chapel Hill, NC
  • Posts 19
  • Votes 7

Many thanks for these (sobering) reality check insights. We have a family home (occupied) on Deerwood Ct; from that alone, I’ve had some pulse of appreciation in CH. I may take up these gracious offers to speak further. Thank you. 

Post: Chapel Hill housing options

Phuong TranPosted
  • Chapel Hill, NC
  • Posts 19
  • Votes 7

I am coming through with my son for about 1 year for him to attend school in Chapel Hill. I invest in other markets in the US, but have not bought something for me to live in for a long time. I am looking for something close to his school in 27517 that I can rent/sell with relative ease after we leave. But it seems the housing market there is quite heated now, a real seller's market in Chapel Hill. Trying to find a 2.5 BR cottage-like housing with a garden. I am exploring some options: 1) Buy outside CH a fixer upper and find for myself a rental in CH close to my son's school; 2) Ideally, try to find something I can add value to in CH where I can live in, and rent out/resell with ease. 3)  Househack a MFH 4) Other. I would really appreciate other's thoughs. Is #2 possible in this market (for both houses and condos). Many thanks, and I look forward to connecting with Triangle area investors when we arrive next month.  

Post: Limited POA for real estate form

Phuong TranPosted
  • Chapel Hill, NC
  • Posts 19
  • Votes 7

Thanks all for your thoughts- much appreciated. 

Post: Limited POA for real estate form

Phuong TranPosted
  • Chapel Hill, NC
  • Posts 19
  • Votes 7

I will be out of town for the closing on a property I am buying with co-investors who live in NC. They will be signing at title company in NC. Is this form the correct one for me to assign limited POA to cover real estate transactions?

file:///C:/Users/Ptran/Documents/North-Carolina-Real-Estate-Power-of-Attorney-Template.pdf

The template gives option of listing property in NC, but the property we are closing on is actually in MI. (We are all out of state investors, so bank is going with a title company that has an office in NC to accommodate us.)

Does this form work for property that is out NC? Am I correct that the form does not need to be registered, but only signed by me, notarized and hard copy given to my designated agent? 

Many thanks for clarification from someone in the know on these issues!

Justin Glover, RE/MAX Grand Rapids. He works with investors and helped me purchase  a number of similar properties from out of state. Stellar service. 

Post: Investing in Southeast Asia

Phuong TranPosted
  • Chapel Hill, NC
  • Posts 19
  • Votes 7

@Ray Martzloff- How did this turn out for you? 

@Dan Farkas, may I contact you via DM? I am a recent investor in GR- closing on 2 units this week. Would love to chat more about contractors outside GR, your overall thoughts on rental economy and more. I am based in Bangkok. 

I am still in my early days of navigating the site. I came across the Grand Rapids member sub forum in MI, but can't figure out how to start a discussion in that forum specifically. when I hit the blue Start a Discussion button, it's for the overall site.( I found the site tutorial at one point, and now can't find it again.) Can someone help orient me? Thank you from a newbie.