All Forum Posts by: Ryan Overcash

 This is wonderful advice IMO.   I am closer to CLT, but invest mostly in NC.  I have found that if you are looking for something like this you have to move away from the main cities (Winston, CLT, Triad) and go to the cities adjacent.  I recently bought in Granite Falls because it was near Hickory/Statesville/Ashville, but was more of a value to me in the C class market.

Your advice is right on point IMO.

@Graham Storey- Hey Graham I am in the process of purchasing a duplex in West Raleigh and will be doing some rehab work as well. I'd love to hear how it went! 

It is harder to get a deal doing intrusive marketing.

Why?

Because everyone is doing it. pestering and annoying the sellers.... actually.. not even the sellers... it is people. (The people you are reaching.. 97% of them don't even want to sell, right? You all know this).

OK then, more and more people enter this market every year. More and more investors are on the scene, and all of them, again with these stupid and dumb marketing strategies like cold calling DMM etc. etc.

So with all this saturation, the marketing efficiency goes down. 

So what does everyone do to stay in business? they all increase the mailing count and frequency. Everyone hires more cold callers just so they can make the same amount of deals.

What do you think that does?

Those dumb stupid strategies beceome more and more inefficient.

All you are doing is adding tot he problem, pissing more and more people off with your intrusive marketing to audiences that are not interested in your services.

So what changed? I will tell you what changed.. every year all these dumb and stupid methods of marketing will be less and less efficient, WHILE you give investors a worse and worse reputation.

THAT is what changed!

Door knocking, driving for $, cold calling, networking. 

@Chris John Yes these are duplexes. So that's a good question why I would pay for utilities and landscaping. So is it typical to not factor these into my analysis? Because I should expect the tenant to pay these separately on their own? Or would I build it into my rent charged, and then also include it as a line item in my expenses. I thought I should do the latter, but would be curious to know how most investors handle the billing of utilities, landscaping (lawn mowing, watering, shrub trimming etc.) and snow removal for duplexes and fourplexes.  Thanks.