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Updated about 24 hours ago on . Most recent reply

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4
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Nicholas Pool
  • New to Real Estate
  • North Carolina
0
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4
Posts

Finally ready to take the REI plunge!

Nicholas Pool
  • New to Real Estate
  • North Carolina
Posted

hi everyone, My name is Nick and my wife and I have been interested in REI for years and finally feel able and ready to make our first REI deal.

We've been looking at properties around North Carolina and currently are having a hard time finding properties that meet all the necessary requirements (1% rule, positive cash flow, greater than 7% Cash on Cash). Has anyone else had similar experiences? If so, what were some strategies y'all used to overcome these hurdles?

I know it's a long game, so looking forward to meeting and learning with everyone.


Cheers,

Nick

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