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All Forum Posts by: Tony Pellettieri

Tony Pellettieri has started 19 posts and replied 142 times.

Post: General Contractors in Charlotte, Lake Norman area

Tony Pellettieri
Posted
  • Investor
  • NC / SC
  • Posts 148
  • Votes 77

Hey Sean,

As I'm sure you've gathered, a Rockstar GC can be one of the most valuable, and equally, one of the most difficult members of your team to find when you're getting started. We practice the BRRRR model of investing and are operating just south of Charlotte in SC.

A great place to network and possibly find a good contractor may be local REIA meetups. There's a good one I used to attend Tuesday Mornings 8AM in Matthews at Jonathans Restaurant. There are quite a few investors who attend that meeting and usually a few contractors.

If you need any other referrals for your team let me know. the people on our team are great at what they do.

Post: Property Manager for Short Term Rentals in Lake Norman/Charlotte

Tony Pellettieri
Posted
  • Investor
  • NC / SC
  • Posts 148
  • Votes 77

We use a PM for all of our rentals. I'd highly recommend Julie Vanslambrook with First Properties of the Carolinas, Inc. She has MANY years of experience in the industry in the area and is VERY reasonably priced.

Good Luck!

Post: Looking to get connected with a CPA with Real Estate Investing Experience

Tony Pellettieri
Posted
  • Investor
  • NC / SC
  • Posts 148
  • Votes 77

@Joseph R Hudson

It's always conflicting when I ask for referrals and get people who, either directly or indirectly, recommend themselves. Usually a conflict of interested involved there as most people would happily recommend themselves for obvious reasons.

If you're looking for a knowledgable CPA, I use Jeff Miller out of Raleigh, NC. Location for this profession is not important as all work can be done remotely.

Jeff Miller - Jeff Miller Tax - 910-409-6441 [email protected]

Once you grow, I would also recommend a Book Keeper by the name of Jake Baker I met here on bigger pockets. He's very much involved in real estate investing.

Jake Baker - BookKeepingRE - 619-777-6649 [email protected]

If you need any other referrals in/out of the area let me know. Happy to refer anyone on my team who may be able to benefit from the value they can add to your business.

Post: 1st Rental (Long Term), Worth Getting a Lawyer Involved?

Tony Pellettieri
Posted
  • Investor
  • NC / SC
  • Posts 148
  • Votes 77

Due to all the crap going on in NC right now with tenants, I would definitely have a half way decent lease contract in place. More important though is properly screening your tenants you let into your rentals. Getting them in is easy, getting them out can be not so easy. Proper Property Mgmt is Key. Though it consumes some cash flow, and whether that's your primary focus or not, It makes life much more hassle free.

Post: Hello LTR World

Tony Pellettieri
Posted
  • Investor
  • NC / SC
  • Posts 148
  • Votes 77
Quote from @Evait Hayes:

Greetings all!

I'm a long time listener- first time caller :-D. I finally have my first deal, a duplex, under rehab! It's been a bumpy ride getting to the first deal, and the fun's not over, now that the rehab is underway. I was referred to a great GC that is helping me stay near budget throughout this endeavor. This may not be a perfect BRRRR, but it'll be a lot closer than if I would've gone with the first GC I interviewed. I can't wait until this one is rented so I can start zeroing in on the next one!

In case you doubt it, there are still deals out there.


 Congratulations on your first deal. A Great GC will get you to the finish line. If you have any questions or need any referrals in the area let me know. We do the same thing on a larger scale just south of Charlotte. Happy to help however we can.

Good Luck!

Post: Good insurance companies

Tony Pellettieri
Posted
  • Investor
  • NC / SC
  • Posts 148
  • Votes 77
Quote from @Isiah Ferguson:

I’ve been with State Farm for some years regarding all of my policies. I have about 7 policies but I’m tired and looking for a new company to take my talents too. Do anyone have any recommendations for a good solid insurance company to house my policies. They consist of rentals, vehicles, & umbrella. 

Thanks in advance. 

Reach out to my Broker Thor Çolberg with Goosehead Insurance
803-792-9235
[email protected]

Post: Charlotte & Surrounding - Including York County, Lancaster County, Chester County

Tony Pellettieri
Posted
  • Investor
  • NC / SC
  • Posts 148
  • Votes 77

You just show up, it's the same time and place each week.

The Meet up in Matthews is Tuesday 8-930am @ Jonathans

10630 Independence Pointe Pkwy, Matthews, NC 28105

I'll shoot you a PM with my number. I'm happy to chat with you and help how I can.

Post: Charlotte & Surrounding - Including York County, Lancaster County, Chester County

Tony Pellettieri
Posted
  • Investor
  • NC / SC
  • Posts 148
  • Votes 77
Quote from @Margaret Schultz:

Hi Tony,

My husband and I live in fort mill and we are looking for a local meet up, looks like we missed it February. Are you hosting another one in March ? 

We'll be there tomorrow morning at 8:30am in the back room

Rock Hill Diner - 2254 Cherry Rd, Rock Hill, SC 29732

Post: Charlotte & Surrounding - Including York County, Lancaster County, Chester County

Tony Pellettieri
Posted
  • Investor
  • NC / SC
  • Posts 148
  • Votes 77

Hey Margaret, Yes we plan to meet up each Wednesday of the month.

Post: Loan product to avoid impending failure??

Tony Pellettieri
Posted
  • Investor
  • NC / SC
  • Posts 148
  • Votes 77
Quote from @Arthur Schwartz:

Consider bringing in a new partner to help with funding, and offer them a guaranteed return or a percent ownership


We just entered into a JV with a new partner, and I believe this is the strategy we are going to utilize that will be the most cost effective and mutually beneficial for all parties.