All Forum Posts by: Troy Gandee

@John Underwood I'm not an attorney and this isn't legal advise, but I'm a Realtor and investor in SC. I've wholesaled properties, as well. You can not provide and "fiduciary duties" to anyone regarding real estate without a real estate license or without being an attorney. You also can not market a property for sale that you do not have any "ownership interest" in. That's why you wholesale properties after you have a ratified contract. Once your offer has been accepted, it gives you the necessary ownership interest to market the property for sale. Basically, you just can't pretend to be an agent because that's fraud. If you're transparent with your buyers and sellers, it isn't an issue. And you must make sure that you have the property under contract before you market it for sale.

Thanks @Russ Scheider! And yes, @Bill Delo, I'm a Realtor and investor in the area. I don't think you could go wrong with either myself or @Carlos Gutierrez. I rehab 2-4 properties a year, just depending on what I can get my hands on and I have a couple of rentals. I'm trying to grow my rental portfolio and I help people with multifamily, apartment complexes and commercial spaces.

@Alisha Magwood You should definitely reach out to @Russ Scheider for more information about this. He's very resourceful and knows just about everyone in the area. 

Sure thing!

Hi there @DB Bailin. I'm a Realtor and investor in the Charleston area. You'll love the Charleston area. It's a great place to live and raise a family. There are a lot of different areas here that would fit your criteria. The thing that would help to answer your question the most would be a price range. Mt Pleasant is great. It's probably the most desirable area in Charleston. At the same time, there is a bit of a premium to live in that area. One the other side of the Peninsula is "West Ashley," which is generally more affordable and closer to the Folly Beach area. There are also quite a few nice areas in North Charleston. North Charleston is more central, but a bit further from the beaches. The Park Circle area in North Charleston is one of the hottest neighborhoods around right now. As far as investing goes, there are a lot of investors focusing on the area and we have a shortage of good deals. Mount Pleasant is notoriously difficult to find a solid deal. The North Charleston area is a nice rental market, but some of those areas are still D class neighborhoods. That will change eventually. West Ashley and James Island have both been markets that I've focused on for flips but they continually become more and more expensive. From North Charleston to Summerville, there are a lot of smaller communities that usually contain good deals, but they take a bit more local knowledge to find. I'd be happy to help you out when you're ready!

That's interesting. Let us know how it goes!

This may be a new strategy for you @Russ Scheider

@Jacob Song I live and work in Charleston. Charleston is one of the more expensive markets in the South. You can definitely get yourself something here for 30k, but it won't be much. It also definitely be a D class neighborhood. Once you break through the veil here, you can do great, but it's tough to get started with the prices and competition in the Charleston market at the moment.

@Stephen Vetek knows that taxes in SC are higher than NC for non-owner occupied properties.

Welcome to BP @Samuel Edwards. Good luck with everything. Use your time in the beginning to learn as much as possible, but don't allow yourself to be overwhelmed with all of the info. I started my career in this industry at a young age and it does allow you a lot of flexibility that many folks do not have. I'm a Realtor and investor. Let me know if you ever need a Realtor.

@Alex Franks let me know if I can help!