All Forum Posts by: Shiv I Soneja

Join us for this monthly meetup! We will discuss our current status, everyone's background and give updates since the last meetup in March. Welcoming everyone from all skill backgrounds!

Following the link to the video web-conference: https://meet.jit.si/KeepinUp

Looking forward to seeing everyone there!

Shiv

This event is an opportunity for new members to network. However, If you have a considerable bit of experience and would like to join, please don't hesitate. We welcome everyone who has a positive mindset about reaching financial independence! Looking forward to seeing you all on March 14th, 2020!

Bringing two other non BP members, wanted to mention this in case headcount is needed :)

Looking forward to this @Josh R.!!

This meetup will focus exclusively on networking with other attendees as well as analyzing deals together (on a big screen tv). Feel free to bring a deal you are interested in, or simply participate in the group discussion. Everyone is welcome with all types of experience. You will have the chance to sit down and talk specifics during this meetup!

See you there,

Shiv

This meetup will focus exclusively on networking with other attendees as well as analyzing deals together (We have big screen TV!!!). Feel free to bring a deal you are interested in, or simply participate in the group discussion. Everyone is welcome with all types of experience. You will have the chance to sit down and really talk specifics during this meetup!

See you there,

Shiv

@Luis Salas @Liam McGoldrick @Steven Griffith @Tiffany Alexy @Jeffrey Cox @Paige A Vaughan @Kim Martin @Wyatt Gold @Olachi Anaemereibe @Katrece Boyd @Depesh K Patel @Henri Parker @Evan Thompson @Julia Rockwell @Sophia Griffies @Vijay Machiraju @Douglas Middleton @Steven Carter @Amanda Smith

Areas: Apex, Cary, Raleigh, Durham, Morrisville, Wake Forest, Chapel Hill, Clayton, Garner, Fuquay Varina, Knightdale, Mebane, Zebulon, Creedmoor, Roxboro, Goldsboro, Smithfield, Sanford, Holly Springs, Angier, Wendell, Youngsville, Franklinton, Louisburg, Oxford, Hillsborough, Burlington, Siler City, Pittsboro, Lillington, Fayetteville, Triangle, RTP, RDU, Research Triangle

Simple meetup up for networking and discussing deals together. We have a BIG SCREEN TV!! Feel free to share details for one of your past deals, one your are interested in, or just be a part of the discussion. Good meetup for new investors!!

Looking forward to seeing you there!

Shiv

@Pat Lulewicz

I am familiar with the Rocky Mount market. I have lived in the area for around 8 months but I have been shopping around for longer than that. Here are a few of my observations:

The one percent rule is possible in this market, whereas it is not possible in Raleigh and other similar markets. This is because home values are so low in RM that you are able to rent a $100,000 house for $850 to $1000 (depending on how you chose torent it). $100,000 goes a lot further in RM than in Raleigh. 

• -If you go the "primary residence" route, you can have tenants sign 6 mo and 1 yr leases by the room which is more profitable than renting the entire property as one unit. If you are so willing, you can convert the living room into a bedroom and sleep there. 

• -If you go the "investment property" route, you can place down 20% and receive a decent return (>10%). 

There is a significant amount of rehabbing going on the Downtown area, partly due to "opportunity zones". The government designates these zones for investors to utilize capital gains and invest/rehab lower income areas to defer or reduce their tax liability on the capital gains. Also, rehabbing is occurring because companies are moving to the area, and other organizations are building up the community (RM Event Center opened 2018 and Rocky Mount Mills opening circa 2016). Talking to locals of the area, they will tell you that right now is the most movement and activity they have seen in Rocky Mount since living there 20+ years.

These are just some of my observations. 

Shiv

***Event Canceled*** 10/10/2019 @ 7:25 PM