New Member from Raleigh/Durham/Chapel Hill, North Carolina

New Member from Raleigh/Durham/Chapel Hill, North Carolina

Chapel Hill, NC · Member since 2014 · 3 posts · 1 vote

Hi All, 

I stumbled along the BiggerPockets Podcast one week ago and am blown away by what I've found. This is a truly amazing resource!

For the past 12 years I've split my time between traveling, leading trips for an active travel company, and spending winters in Chapel Hill, NC. 

Recently, my business partner and I started a landscape design business based in the Triangle, which I now devote most of my time to. 

Neither of us have experience in real estate but are eager to begin investing soon. 

We'd like to get our start in multi-family buy-and-hold properties, and even though Raleigh is currently home for us both, we're open to investing out-of-town.

1Reply
9 views

7 Replies

Jump to latestLatest
  • Real Estate Consultant · Alpharetta, GA · Member since 2014 · 661 posts · 400 votes
    11y

    Hello "BP Newbie" and welcome to Bigger Pockets.

    In the meantime here are 7 tips to help you grow your business using BP:

    1. New to BP?


    2. Develop your own business strategy. -- Don’t just be a “jack-of-all-trades"

    3. Grow your business by developing your business plan. - Remember there is a difference between goals and a plan.


    4. Locate and attend several different local REIAs as they’re great opportunities to network and meet wholesalers, lenders, and contractors.

    5. Stay away from the “guru” sales-pitch events - they rarely increase your investment knowledge, they merely empty your wallet!

    6. Spend 30 minutes a day on Bigger Pockets by connecting with “colleagues,” perusing blogs and videos, and engaging with others on the forums:


    7. Set yourself up to receive free alerts to be notified of subjects that interest you:

    Andrew

  • Ricky A.Pro Member
    Rental Property Investor · Chapel Hill, NC · Member since 2014 · 136 posts · 112 votes
    11y

    Welcome, @Greg Mu 

    If you're looking to meet other local investors, I'd suggest attending the monthly TREIA general meeting and ]TREIA West meetings.

    Hope to see and meet you there!

  • Chapel Hill, NC · Member since 2014 · 3 posts · 1 vote
    11y

    @Andrew Cordle Great advice! And thanks for the welcome.

    @Ricky A. Thanks, seeking out those groups was on my weekend 'to do' list--good timing! I'll see you there.

  • Jon HuberPro Member
    Rental Property Investor · Boca Raton, FL · Member since 2014 · 1k+ posts · 713 votes
    11y

    @Greg Mu

    Welcome to the community! BP has a tremendous amount of information to help you, but it is only available if you seek it out. Be sure to be as active as possible. Read blogs, post questions, and the podcasts are the greatest. The best free education you can get. Good luck!

  • Specialist · Rockland, MA · Member since 2010 · 7k+ posts · 2k+ votes
    11y

    @Greg Mu

    Welcome. Time to build the foundation below.

    Check out the Start Here page http://www.biggerpockets.com/starthere

    Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.

    Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice. And you get the benefit of having over 90 past ones to catch up on.

    Two Great reads, I bought both J. Scott The Book on Flipping Houses,The Book on Estimating ReHab Costshttp://www.biggerpockets.com/flippingbook

    You might consider Niche or Specialized Housing like student housing. Rents can be 2-4 times more. Remember you don't have to own a property to control it.

    Download BP’s newest book here some good due diligence in Chapter 10. Real Estate Rewind Starting over

    http://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-book

    Good luck

    Paul

  • Kenneth HynesPro Member
    Rental Property Investor · Easton, PA · Member since 2013 · 359 posts · 92 votes
    11y

    @Greg Mu 

    Welcome to teh site .  you have already gotten alot of great tips above:)

    BP is a great resource. Full of great tips and reads. One tip that I picked up here is while you are starting out and saving money for your investments, start driving / visiting areas you would like to invest in so you get a feel for prices, rents , house conditions etc, and visit and look at lots of homes and open houses so your eye get used to looking at repairs / upgrades that are normal in a particular market. I really dont think you can look at too many properties, and the more you look, the more knowledge you will gain for that market

  • Chapel Hill, NC · Member since 2014 · 3 posts · 1 vote
    11y

    @Paul Timmins Driving for dollars! I just listened to Episode 40 today. Seems like such an easy, actionable way to start training the eye. Thanks1

Join the conversationCreate a free account to reply, vote on answers and follow this thread.