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Updated over 3 years ago on . Most recent reply

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Nic Farley
  • Rental Property Investor
  • Asheboro, NC
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Advice to rookie NC investor

Nic Farley
  • Rental Property Investor
  • Asheboro, NC
Posted

Hey BP friends,

I'm a (brand) new REI in the Asheboro, NC area. I am currently working in the construction industry and am currently raising/saving $10,000 for my FIRST househack. I'm hoping for a 0-4 unit A/B FHA.

I have an apartment lease that ends in May and am currently relentlessly scrolling Realtor/Zillow and practicing analyzing with DealCheck.

I’m realizing a deficit of on-market deals and ALSO realizing a need to pursue off-market deals via networking with clients at my job, accessing tools such as Propstream and initiating local landlords in the area.

I’m curious if anyone has any insight or encouragement to share about this “stage” in the process and how you have found success and/or breakthrough.


Warmly,
Nic



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Replied

Also, partner with wholesalers but be mindful to still do your own due diligence. Trust nothing they say. Confirm everything with unrelated outside sources. 

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