All Forum Posts by: Travis Howard

I've been using Gregory Appel, this is my direct connect to my broker, she does a good job..  If you have 5 or more they can set you up where its simple to add to your portfolio.

Ashleih Cheshire
Vice President, Property & Casualty | Gregory & Appel
m: 317.523.0540
w: gregoryappel.com

Hi Josh, if you have any deals currently please send them over to my acquisitions manager Hillary, at [email protected]. Thanks.

attorney state.

having little to no debt on rentals and your personal residence lets you sleep well, there are a few people in biggerpockets that have actually been through that in the past.  Use leverage for Rehabs in order to build cash reserves to then buy more rental properties with very little debt or no debt...   I like to sleep....   

Wesley,

I use beenverified.com, it's decent to find owners information.  The best way to get the owners information is speaking to the neighbors that surround the house.  Introduce yourself as someone that is looking to buy a house in the area and you wondered if by chance they may have any info on the person that lived or owned the home beside them.  You'll be amazed how much information they'll give you in a few short minutes.  Make sure you don't go to any houses that have no trespassing signs posted, it can get you in trouble or hurt.  Good luck!  Don't give up and stay consistent in your efforts!

Ben,

Best way to find partners and or funding for deals is to have a deal to present to folks on this site.  Make sure you give as much information about the property that you have been able to figure out.  It's all about the numbers and I would guess that if you partner on here the person will also be knowledgeable enough to walk you through any inconsistencies you may have in your numbers.  Give them info to start the conversation.

Kay, dependent on the income level the units are in can make a difference of percentage and also the number of units.  To property manage that number of units in a working class type of neighborhood I would charge 8%.  From my experience I don't think you can ever go wrong running your numbers at 10% just to be safe.  If it's a really rough area the percentage will continue to climb about 10% upwards of 15%.  

Graham,  I would suggest looking into wholesaling for sure especially when starting out, least amount of risk compared to other choices.  Im located in Charlotte about 15 minutes south of you, I also have rentals in Kannapolis and Concord, the market is picking up in Concord.  If you choose to work south into Charlotte I am looking for houses from wholesalers on a daily basis.  I buy several homes a month and always looking for more, let me know how I can help you.

Listsource.com is good I also use crsdata.com(courthouse retrieval system

North Carolina:  Attorney closes real estate transactions.  Attorney orders a title search from a title company, we the investor speak only to the attorney.