Hello Fellow Investors
My name is Benita Jones and I currently reside, work and invest in Fayetteville, NC. I have been a long time member of BP but just recently joined PRO in the last couple weeks. I have been involved in real estate in some way or another for over 10 years but investing is my first love! I have owned as many as 8 SF rentals but only have 3 currently that I manage myself. My goal is to grow my rental portfolio holding on to them this time around! And flipping two or three properties every year. I appreciate all the knowledge shared on BP and those who are so unselfishly willing to help and share. So, glad to be apart of this community!
Welcome Benita. Fayetteville is a nice town for rentals!
Good luck @Benita Jones . What happened with your previous rentals? How has your investor profile changed since the last time? Are the 3 units you own now part of your previous portfolio, or have you purchased these recently?
It's nice to meet another investor.
Hey @Benita Jones welcome to the site! It's great to have you!
Thanks everybody for the warm welcome!
The previous rentals were all lease with option to buy and over last 4 1/2 years all exercised their option leaving me with the last three which are straight rentals. They were also apart of previous portfolio and I plan to hang on to them going forward as I add to them once again.
Hi folks, posting here to get more info about Fayetteville. I'm located near Seattle but we are buying a pool of REOs and one is located in Fayetteville. Is Fayetteville a decent area for flipping and/or owning rentals? We intend just sell these off to local investors who are looking to flip or hold as a rental. Any info on that local market is appreciated.
Hi @Benita Jones - Welcome back! I'm doing the same in Fayetteville and I absolutely love it. Let me know of any deals you come across that don't work for your model. My baseline is SFR at 1400+sqft and a garage.
I will definitely keep you in mind! Have a great one.
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