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All Forum Posts by: Seth Ricketts

Seth Ricketts has started 6 posts and replied 11 times.

Post: New To Real Estate Investing

Seth RickettsPosted
  • North Carolina
  • Posts 12
  • Votes 2

@Cole Simpson I'd love to reach out to some investors. Problem is, I don't know of any. I'm going to try to attend some meetups in charlotte. My work schedule limits what I can do during the week which seems to be when most of these meetups are held.

Post: Looking For Investor Friendly Contractors

Seth RickettsPosted
  • North Carolina
  • Posts 12
  • Votes 2

Looking to network with contractors who do work in the Anson/Union County area. Need people who do good work and have decent knowledge on buy and holds as well as fix and flips!

Post: Building an Investment Team

Seth RickettsPosted
  • North Carolina
  • Posts 12
  • Votes 2

When starting out, I understand it's important to have a good team of professionals (such as CPA's and investor friendly agents) to help make your start a little bit easier. What are some other things I need to have on my team, especially with me being new to real estate as a whole, that would help me to avoid making newbie mistakes and aid in my learning throughout this process?

Post: Getting Started in Real Estate somehow, someway

Seth RickettsPosted
  • North Carolina
  • Posts 12
  • Votes 2
Quote from @Greg R.:

You have a good point. I was looking at it as a way of making a little extra cash while also trying to learn more about it. But it's probably more focused on the buying/selling side of things rather than the investing side.


Post: Getting Started in Real Estate somehow, someway

Seth RickettsPosted
  • North Carolina
  • Posts 12
  • Votes 2

I am trying to get my start in real estate investing and am wondering if obtaining my license and becoming a part time agent would help me learn more about it as well as maybe put a little extra cash in my pocket to get started with. Since it doesn't really cost a lot of time or moeny to get a license, I'm thinking that it may not be a bad Idea. Does anybody have any thoughts or experience with being a part time real estate agent? Could it help me to better understand the system and how it works?  

Post: Looking to build Cash FLow

Seth RickettsPosted
  • North Carolina
  • Posts 12
  • Votes 2
Quote from @Pat Lulewicz:

The Triad (Winston, High Point and Greensboro), Fayetteville, and STRs in most larger or touristy markets if you find the right property for the need in that market.

Unless you strike a couple gold mines with STR's, buying a few LTRs in cash flowing markets really won't let you leave your current job...its of course dependent on the amount of income you're trying to replace. If you jump into RE full time and do other activities to supplement your income (wholesale, birddog, flip, realtor), then you create another job; though you might find more enjoyment in that than the current job like I did.

Thanks for the insight! I won’t be leaving my job anytime soon. Probably will still be here in the next five years.   Leaving the job is just one of my primary goals, but having extra cash flow per month could knock out some of the over time I’ve been working

Post: Looking to build Cash FLow

Seth RickettsPosted
  • North Carolina
  • Posts 12
  • Votes 2

I am trying to learn and get into small multi family/single family real estate investing. My primary goal is to generate enough cash flow to be able to leave my current job and do real estate full time. The area that I live in is more of a long term appreciation style of investing since the price of houses vs the rent you can receive isn't that great. My question is, are their any markets in North Carolina that are better with producing cash flow?

Post: New To Real Estate Investing

Seth RickettsPosted
  • North Carolina
  • Posts 12
  • Votes 2

I am new to the idea of real estate investing and looking for different events/connections that can help me learn and grow in this field. I am located about 45 minutes east of Charlotte, NC. If anybody knows of any events or maybe even mentors that might could help me along the way, I'd really appreciate a response. Thanks!

Post: Looking for different options

Seth RickettsPosted
  • North Carolina
  • Posts 12
  • Votes 2
Quote from @Alex Gunnerson:

Seller Financing is one of my favorite ways to finance properties if you can talk the owner into it.

That’s one option I have thought about trying use. I’m trying to gain of different options so that I have multiple ways of doing things and aren’t stuck with just one route. Thanks for the reply!