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All Forum Posts by: Wyatt Wolff

Wyatt Wolff has started 6 posts and replied 452 times.

Post: STR/MTR Biggest Hurdles

Wyatt Wolff
Pro Member
Posted
  • Lender
  • Charlotte, NC
  • Posts 466
  • Votes 278

@Aubrey Maldonado Cleaners and PM seem to be the limiting factor for a lot of investors. Someone needs to start a cleaning company and then build it in a few popular markets, with a high standard of work. 

Post: best LVP Brand?

Wyatt Wolff
Pro Member
Posted
  • Lender
  • Charlotte, NC
  • Posts 466
  • Votes 278
Quote from @Jake LaRoche:
Quote from @Wyatt Wolff:

I like Shaw. Personal preference though 


 Do you think 7mm is too high for a rental?

 My thought is, as long as it isnt trendy and wont go out of style, why not just get the best product for the money. 7mm will give you more wear, right? Not sure, maybe someone can jump in but thats how I would think about it. That said, I also have a friend who does flooring and gets a warehouse discount, so thats a plus. 

Post: New Investor looking to link up with other investors in the Charlotte Market

Wyatt Wolff
Pro Member
Posted
  • Lender
  • Charlotte, NC
  • Posts 466
  • Votes 278

@Justin Lockee okay so that narrows it down. Who is your target then, that would give you the most access to those investors? 

Targeting them one by one is going to be hard and take a long time. Similar to consumer direct mortgages. 

What about investment focused realtors, title agents, and CPAs? 

Post: What I would do if I were to start investing today (especially, in today's market)

Wyatt Wolff
Pro Member
Posted
  • Lender
  • Charlotte, NC
  • Posts 466
  • Votes 278

2 & 5. Don't listen to anyone you aren't willing to trade places with. I don't know who said it originally, but credit to them (Hormozi maybe?)

And 5. Sales will allow you to get yourself into position more rapidly than anything else. Communication is a key aspect in sales, but can be applied more broadly. 

Post: The 5 Biggest Mistakes New Investors Are Making Here In The Forums

Wyatt Wolff
Pro Member
Posted
  • Lender
  • Charlotte, NC
  • Posts 466
  • Votes 278

Number 2 is a killer. Mentee's have to realize that there needs to be a true value exchange. Otherwise, just cruise around the forums and learn.  

And realize, sometimes even free work is overpriced. 

Post: Rent Payment Processing Time

Wyatt Wolff
Pro Member
Posted
  • Lender
  • Charlotte, NC
  • Posts 466
  • Votes 278

@Lorien Rollins may be able to provide some insight into this! 

Post: best LVP Brand?

Wyatt Wolff
Pro Member
Posted
  • Lender
  • Charlotte, NC
  • Posts 466
  • Votes 278

I like Shaw. Personal preference though 

Post: The Cost of Waiting to Invest in the U.S. Real Estate Market!

Wyatt Wolff
Pro Member
Posted
  • Lender
  • Charlotte, NC
  • Posts 466
  • Votes 278

Love this breakdown up top, thank you! Most people don't factor in the cost of waiting 

Post: Looking for a rental HELOC

Wyatt Wolff
Pro Member
Posted
  • Lender
  • Charlotte, NC
  • Posts 466
  • Votes 278

They're definitely expensive... you just have to look and assess what you are using it for, and if you can get returns that will make the rate worth it. 


In general,I think C/O is the way to go though. 

Post: Landlording Leads/Property Management

Wyatt Wolff
Pro Member
Posted
  • Lender
  • Charlotte, NC
  • Posts 466
  • Votes 278

This is a question for the lease up queen, @Lorien Rollins