All Forum Posts by: William Whitley

My goals were property focused at first. Mainly focusing on getting a deal or two locked in next year using creative financing if and when possible.

Now through this pandemic my goal has shifted to networking with as many people as possible.

I have felt so constrained (rightfully so) by this pandemic without being able to go to events and network face to face.

Looking forward to future relationships and opportunities that arise through potential upcoming networking events in 2021.

@Kirbi Campbell

Looking to find my first deal using creative financing with little to no money down. Been researching strategies but haven’t been applying anything or reaching out to homeowners to discuss possibilities.

@James Harrington

Hey James,

I like the fact you brought up new construction for buy and hold opportunities. I just purchased a new construction home as a buy and hold rental property and am very happy with it.

Builders almost always offer incentives which typically include covering closing costs and sometimes even pre-paids therefore it helps allow for less cash to close although down payments are higher at retail.

On top of that, with today’s rates even if you are paying retail, these properties still cash flow over your mortgage cost.

For example, I did a rate buy down with the builder’s preferred lender and was able to secure a 30-Year Fixed Loan at 2.25%.

Like you mentioned, being a brand new build you have awesome warranties plus everything being new definitely helps limit some Capital Expenses needed with older below market property purchases, while this growing Jacksonville market keeps growing.

There are pros and cons to buying different property types and I am not saying new construction should be the only strategy because off market properties and properties that need renovations can provide a huge ROI when done right.

I am just a firm believer of analyzing all options available, which in this market includes new construction.

I sent you a message with my contact info if you want to chat further, or if you want me to send over builder inventory I receive from different builders across Duval and St. John’s county.

Cheers,

Will Whitley

@Mark Fries Awesome man I appreciate it, I will definitely be messaging you as questions may come up!

@Kokou F. I always enjoy surrounding myself with like minded individuals who share the same passion as me. Sounds great, I look forward to it.

@Joel Hutchinson Thank you sir! Looking forward to it.

Hello Bigger Pockets Family!

I hope everyone's enjoying the week. I wanted to send out a friendly post in hopes to connect with more fellow investors looking to invest in this growing Jacksonville market.

To be completely transparent I am newer to the personal investing side of the industry. I have always had a passion for real estate and am always looking to expand my knowledge on a daily basis with my current focus being on building long term wealth through investment properties.

It is my goal to be your boots on the ground here in Jacksonville and look out for potential properties that fit your criteria and goals, in hopes to receive some insight from you through your strategies and processes coming from an investor prospective.

I am hoping to bring a ton of value every day by utilizing my Realtor friendly resources and network I have built within the area, while helping facilitate each transaction from start to finish.

If you are located in Jacksonville or the surrounding areas I'd love to grab a beer or coffee and chat further about partnership opportunities. If you are out of state looking into expanding your portfolio in Jacksonville I would be more than happy to chat over the phone and learn more about your goals.

Always open to networking with other Realtors in or outside of Jacksonville as well if anyone wants to talk real estate!

Truly enjoy being a part of the BP family and hope I can bring some value to the team as well. Stay safe and enjoy the holidays!

Cheers,

Will Whitley

@Dashiel C Neimark

Just sent over a private message. I’m an agent out here in Jacksonville and would love to support in any way I can.

Cheers!

@Reese Peterson Hello Reese, I reside in Jacksonville Fl currently and happen to be from Irvine California and San Diego prior to moving here.

There are definitely pros about the weather you can’t beat in Southern California however when you look at overall cost of living and high performing / growing economy I would highly suggest looking into Jacksonville.

Outside of that, Jacksonville is a great area for REI with so much room for growth while still being more affordable than a lot of other markets in the US.

I can send you a couple links on some benefits to moving in the Jacksonville area and things to do when your out here if you’d like!

Just sent you a message.

@Carrick Young Awesome, thanks for the heads up and guidance. I will start reaching out now and seeing my options!