Any insights on market nuances, tools and/or typical pitfalls for newbies would be welcomed.  Venturing out from rental homes to fixer-uppers and a bit out of my element.Thanks,Brad

Hung up the Corporate spurs and getting ready for the next chapter of our lives in Western North Carolina.

@Ben Bakhshi what influenced your decision to invest in North Carolina?

Regarding the ROFR, I believe in certain states like Texas and North Carolina and Tennessee and a few others, The ROFR Will avoid any kind of equitable interest that would give the OptioneeAnd I think in this tight credit market your exit should be helping a renter get a mortgage and be home owner, so saving up a down payment of say 3% over 36 months and paying top market rent I think is a good plan for either buying on Sub 2, lease with option, or wraparound mortgage, and understand a wrap or sub 2 or a lease over three years is all under the due on sale risk category.Lastly, Free and clear houses can be purchased on installment sale and rented out long-termI hope this helps and best of luck in 2015Brian

Yes, you should get a license, because it is illegal to rent homes for other people without a license.Not sure about MI, but in NC, yes you would have to work under a broker.  

BPers, I live and invest in the Concord, NC area.

In NC, you do not need to be a Realtor@.

In NC, a convicted felon (convicted of white collar crimes, no less!)

Simplex Industries services NC: www.simplexhomes.com

Hi Everyone,Recently passed my state exam and signed with kw.Right now, I'm feeling a little overwhelmed with everything I could be doing to get started. As a result I feel like I'm lacking focus and trying to do a li...