All Forum Posts by: Ryan Gaus

@Account Closed

Thanks for the welcome!

I actually live in Cary now - my wife is one of the few born and raised here.  It really is a great area, but my gosh is it expensive.  Really tough to find anything to fit our buy and hold model here, but Apex is certainly feasible - though getting more expensive there.  Lots of growth in this area, and as you are correct to point out, a well educated population, lots of job growth, desirable weather - certainly a number of positives that make this a good market at the moment.

Also thanks for the Attorney suggestion - we have been speaking with one recently, and in process of finalizing a meeting next week to iron out last details of operating agreement (a bit backwards, but found 3 good deals very quickly and needed to move quickly) and a few other details.  Hoping he will be a valuable resource long into the future.

Hi all!  Been a lurker here on BP for quite some time, absorbing the content and listening to all the awesome podcasts.  Thought it was about time to officially join and participate!

I'm a transplanted Pittsburgher, proud graduate of UNC Chapel Hill, and am now living in the Raleigh area of North Carolina.  I first became actively interested in real estate about 18 months ago when my wife and I moved into a new house and turned our former primary residence into our first rental property.

Over the past few months, I've connected with two friends who have similar goals, ideals, and values, and we have already acquired three SFR this year - with our current goals aligned more to a buy-and-hold approach - and are actively looking to acquire more properties that meet our model/criteria. Primarily, we are focused on strong cash flow and investing in up-and-coming or transitional neighborhoods in and around Raleigh. The potential for appreciation in the future, for us, is purely a bonus at this point.

We utilized traditional methods and conventional financing for each of these first three houses, but are interested in learning from others who have taken a more creative approach to both lead generation/marketing and finance.  I would really love to learn more about both Subject To deals and Seller Financing.

The three of us are also eager to meet, connect with, and learn from other seasoned real estate investors here in Raleigh or anywhere else for that matter.  Hope to chat with you all soon!