All Forum Posts by: Troy Gandee

Hey @Pasha Ama. I would definitely recommend talking to @Jay Hinrichs about this. He literally invests from the other side of the country with much success.

Many of the tech options are very easy for us to set up for you. I have a ton of people that I sent auto-emails for and have "portals" set up for. A lot of people are starting to take that kind of thing for granted because they don't understand how much more valuable the accuracy and timeliness of the MLS info is rather than Zillow, etc. I'm happy to pull more specific data manually for people that can reciprocate small favors like that for me or just colleagues that I really respect and learn from. Most brokers are just so desperately trying to effectively manage their time that they will avoid a lot of special agreements. It's been my experience that special circumstances just lead to me taking a discount for the same amount of work. I would just try to find a more creative Realtor.

@Chris Armstrong I would highly recommend that you give Russ your info. He's always marketing for properties. 

Hi @Chris Armstrong. My name is Troy Gandee. I'm a Realtor and investor in the Charleston area. There are a lot of investors in this area and there are a lot of different groups that you can network with. I fix and flip 2-4 per year and have rental properties. 

Welcome to BP and to Charleston. This is a great market for real estate, though it's definitely very competitive and expensive recently. 

If you ever need a Realtor, feel free to let me know. I'm happy to answer any questions or give you any advice. Just shoot me a message on BP or send me an email. Good luck!

@Ben Leybovich @Jay Hinrichs

Myself and my Mother spent a small fortune on my philosophy degree, environmental studies minor and english minor from a great liberal arts university in Charleston, SC. While I'll never actually make a dime from philosophy, I did learn logic, abstract thinking, how to systemize anything and generally how to think anything into oblivion. I am very happy that I studied what I did for many reasons. 

However, I'm now a Realtor/Investor. Those college years are 4 years that I could have spent mastering a craft, honing a skill or building a business. I absolutely think that most of the Gurus are garbage, but it's half the price of going to college and it can kick your career into gear. If you find the right educational organization, it could be invaluable. Even if you don't start making millions, at least it will expand your experience and knowledge base.

I'm not a success story yet, but so far I've done alright for 27. I badgered @Jay Hinrichs when he was in town just to sit down with him for 10 minutes in the lobby at the airport. It absolutely depends on the person. It's totally subjective.

I'm not a success story yet, but so far I've done ok for 27. Much of that has been because I jump into things without overwhelming heed and I'm obsessive. I badgered @Jay Hinrichs for two days just to meet him in the lobby at the airport and talk for 10 minutes when he was in town this week. It really just depends on the individual. Like most things, it's subjective. Unfortunately, one thing that my generation does lack is the understanding that attending and getting the "certificate" does not automatically make you successful. Some of that confusion is societal and some of it is just laziness and expectance. 

SFDs for now, but I plan on getting some multi-families after I refinance these. You can absolutely do that. I can set you up some searches if you'll PM me your email and some criteria.

It is definitely a struggle sometimes. My properties and tenants are great, but they're familiar with the area. The growth and change here is staggering, though. It won't be much longer until the scales start to tip. There are around 40 families moving here every day and we just don't have the space for everyone, so neighborhoods like that are going to start improving whether they like it or now. The extent to which they improve is still to be determined. I'm actually living in this area until we close our new property. I probably couldn't have comfortably lived in this neighborhood 5 years ago. We've had very minimal problems and our neighbors (with a couple of exceptions) are great. I lived downtown all throughout college in neighborhoods that other people ran away from, so I'm a little more forgiving than most. You just have to be conscientious. 

Hey @Spencer AckersI think you can pull it off. It just may take some sacrifice. There's a lot going on in that area with Boeing expanding. I actually have a couple of rentals further South on Dorchester. That area is a lower class neighborhood, but it's closer to town and should come around in time. My girlfriend and I are actually buying a new primary up Dorchester a little past the AFB around the beginning of April hopefully. My rentals are in my name and it's throwing some of my DTI off. I know the area quite well and I have a lot of hope for it. There are a lot of blue collar families through that stretch and they make for good tenants. You will also need to be diligent about screening your tenants since there are still many bad eggs. I'm a Realtor, also. I would be happy to help you farm the area.

@Ashleigh EvansThere are a couple of different REIAs in town. They're all good, but they're each more focused on different things. You should just try a couple of them out until you find the one that you like. I attended a lot of events the first couple of years that I was around. I kind of petered off because I got really busy and just never really went back. The evenings are hard for me because I'm a Realtor, too and I have a lot of administrative stuff that I have to get done in the evening. Congratulations on the house! Let me know if you have any questions about anything throughout the process!

Hi @David BuckleyWelcome to the community. Charleston is a great market. You'll find a lot of helpful and informative folks both in the Charleston area and on BiggerPockets. I would take @Russ Scheiderup on his invitation. He is also a wholesale in the area and really encourages a supportive atmosphere amongst investors here. I am a Realtor and I would be pleased to help you if you need any agent representation.