I am new to this site and I am looking to invest in a few buy and hold SFH properties (B-C class) in the Fayetteville, NC market. I am currently stationed in the DC area but I am usually in North Carolina a few times throughout the year visiting family. Any recommendations for realtors, property managers, contractors, and wholesalers would be greatly appreciated. Also, any advice on areas in Fayetteville I should target and avoid for a buy and hold rental would be appreciated as well.
Hi @LaDarius D......welcome to BP! Reach out to @Alexander Felice concerning the Fayetteville market. He's in Vegas now but is building his rental portfolio in Fayetteville and can probably point you in the right direction. Best of luck to you!
Build that house from the ground up. Excellent realtor, Bryant Tumbelekis, @bryanttumbelekis is your guy. I have bought a few deals he has brought me. Really knows his stuff. He can steer you into the right areas.
How does the RE market in Fayetteville compare with Charlotte? Did you choose Fayetteville because you know people there, or because of economic conditions?
Hi @LaDarius D......welcome to BP! Reach out to @Alexander Felice concerning the Fayetteville market. He's in Vegas now but is building his rental portfolio in Fayetteville and can probably point you in the right direction. Best of luck to you!
@Seth Eaton I chose Fayetteville because home prices are lower and I think I would have a better chance of getting cash follow in that market while also minimizing risk.
@Justin Tahilramani I always have something. I pull hundreds of leads a week, so I usually have something in the works at all times. Send me a message outlining your criteria!
@ladarius d. Mailing is probably the best way to find your own off-market deals. These are people who share motivational characteristics of people ready to sell, but haven't yet done all the work they think they need to list property. The best way to find them is to send out mailers.
Some good lists to target are Absentee Owners with Equity, Seniors with Long-time Ownership and Homeowners with Low Financial Stability Scores.
You can work with a list broker to optimize your list for your area. From there, there are a lot of companies that can help with the printing and mailing. Be sure that you highlight that "selling your house can be easier than you think" with the advantages of working directly with you instead of the more traditional route.