All Forum Posts by: Stephanie Walker

I have a couple of contacts! I'll send you a message. 

We work with a lot of out of state and international investors on their purchases and property management. To be honest, they tend to lean on me and my expertise to guide them on the areas I find the most success in. Of course, they do their own due diligence but if you find an HONEST agent and you know how to use online tools to check for crime rates, population growth, demand, etc., that's all you need.

For example, because I help them as a buyers' agent AND the property management side of things, I'm extremely picky with the properties. I don't want a property I can't fill later because our relationship carries well past the closing date.

I like Columbia, Greenville and Spartanburg SC for investments but often, the non-owner occupied taxes deter our clients from choosing SC over NC because it can greatly affect potential cash flow. 

@Zach Rubin I can understand that. I have a great agent that works that area. I'm happy to connect you if you need a referral. 

Is it only one bathroom? There's not a "wrong" answer but whenever we're doing a rehab, we always have a standing shower in the primary bathroom and a tub for the hall bathroom if there are two bathrooms. It does change your pool of tenants if you remove a tub from the home completely - but who does your area tend to attract? Business professionals? Families? That's what I'd look into before making a decision!

A lot of clients I've acquired on the management side had used Zillow and Keycheck prior to turning over to us. I've heard both good and bad about both. Do your due diligence on all - as a private landlord, your screening process is extremely important to try to avoid bad apples.

I've also heard good things about Stessa and RentRedi. 

Connecting with wholesalers will be your best bet. Join investor Facebook groups. They're a dime a dozen in there!

Why would you want to sell and go back to renting? It sounds like maybe it was a bad buy from the start? What's the motivation here?

Cary is a very popular area, especially for relocating families so selling in the Spring/Summer lines up well for timing. I'm happy to help talk through it and see if it makes sense for you and your goals. 

Is it a long term, midterm or short term rental? 

Like everything else, the MTR market ebbs and flows for a variety of reasons. I manage over 50 MTRs in Charlotte NC and this has been our slowest season in years. 

Have you checked your competitions' prices? I've noticed our competition has begun bottoming out their rates, especially owner-managed properties. It's been forcing us to do the same in some areas.

I'd also consider posting on MLS and Zillow, though I highly prefer not to myself because there are a TON of scams run through Zillow and other known public sites. With our properties obviously being furnished, there is added risk.

@Stephanie Walker it's not letting me message you here. Feel free to message me!