New aspiring investor in the Raleigh, NC area

New aspiring investor in the Raleigh, NC area

Apex, NC · Member since 2015 · 46 posts · 14 votes

Hello BiggerPockets! I'm Alex. I'm an aspiring investor in the Raleigh, North Carolina area. I'm just starting out, so I'm focusing on learning as much as I can right now. As a starting point, I'm specifically focusing on coming up with a marketing strategy and a plan for how I'll structure my business, but I also hope to network with other investors in my area so I can better learn the specifics of my market.

I'm already learning a ton from this site/the podcast, and I'm looking forward to hopefully getting to know lots of other investors here!

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Adam SchneiderPro Member
Lender · Raleigh, NC · Member since 2012 · 957 posts · 639 votes
10y

Join TREIA and go to the new investor meetings that Tim Masters hosts.

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  • Adam SchneiderPro Member
    Lender · Raleigh, NC · Member since 2012 · 957 posts · 639 votes
    10y

    Join TREIA and go to the new investor meetings that Tim Masters hosts.

  • Apex, NC · Member since 2015 · 46 posts · 14 votes
    10y
    Originally posted by @Adam Schneider:

    Join TREIA and go to the new investor meetings that Tim Masters hosts.

    Thanks for the tip! I'd seen a few references to TREIA on here and had been meaning to check it out. I unfortunately have plans during the meeting tomorrow, but I'll try to get to next month's!

  • Investor · Raleigh, NC · Member since 2016 · 37 posts · 7 votes
    10y

    Welcome aboard, Alex!

    What's your background?

  • Apex, NC · Member since 2015 · 46 posts · 14 votes
    10y

    Hey Charles, thanks!

    I graduated from Virginia Tech three years ago (I'm a youngin) with a degree in Computer Engineering, and have worked as a software engineer since then. I really enjoy my career, but want to look ahead towards retirement/financial independence while I'm young.

    I really have no real estate experience other than having bought my first home with my wife about a year ago. We have enough saved up for a down payment on an investment property now, but I'd like to make sure I have a solid plan and have found a great deal before pulling the trigger on anything.

    I know the market here in Raleigh is crazy, so I'm considering things like direct mail marketing to try and find good deals. I'm leaning towards the $100-150 thousand (ARV) range for the properties I target.

  • Uriah D.Pro Member
    Investor · Apex, NC · Member since 2014 · 340 posts · 188 votes
    10y

    @Alex Corvin Good luck man!  you have picked a great market to invest in, its tough, but worth it. hope to see you around

  • Real Estate Investor · Winston Salem, NC · Member since 2015 · 25 posts · 9 votes
    10y

    Hi Alex, 

    I'm new as well. Cool to see you down the street in Raleigh. How long have you been in that area? 

  • Apex, NC · Member since 2015 · 46 posts · 14 votes
    10y

    Uriah, thanks for the welcome! I'm glad to have some validation for choosing this market. I was a bit wary given how hot the market here is right now and seeing the financials for some other markets around the country. 

    Daniel, I've lived here in the Triangle (Apex, specifically) since last March. My wife grew up down here, and I moved down from Virginia (born and raised in Richmond). 

  • Sanford, NC · Member since 2015 · 38 posts · 13 votes
    10y

    Welcome from Sanford. There are a ton of great resources on this site and with local meet ups. I plan on going to a free meet up next month in Morrisville. I'll PM you the details. 

  • Commercial Real Estate Broker · Raleigh, NC · Member since 2016 · 1 post · 0 votes
    10y

    Alex, if you are potentially interested in a commercial investment property send me a PM and I can help out. 

  • Dawn BrenengenBusiness Member
    Moderator
    Real Estate Broker · Raleigh, NC · Member since 2014 · 2k+ posts · 1k+ votes
    10y

    @Alex Corvin Welcome to BP.  We also have a monthly meet up on the last Thursday of each month from 6:00 - 9:00.  Location is TBD

  • Apex, NC · Member since 2015 · 46 posts · 14 votes
    10y

    @Dawn Brenengen Where is the location for those meetups normally announced? Is it a group on meetup.com?

  • Dawn BrenengenBusiness Member
    Moderator
    Real Estate Broker · Raleigh, NC · Member since 2014 · 2k+ posts · 1k+ votes
    10y

    @Alex Corvin  

    @Michael Jobe normally posts the location, and if you have "Raleigh" set up as a keyword, you should see it.

  • Apex, NC · Member since 2015 · 46 posts · 14 votes
    10y

    @Dawn Brenengen Great, thanks! Hopefuly I'll see you there! By the way, I really enjoyed your episode of the podcast. Very informative!

  • Real Estate Broker · Triangle Area, NC · Member since 2012 · 587 posts · 214 votes
    10y

    @Dawn Brenengen Thanks for the shoutout!

    @Alex Corvin Welcome to BP! Like Dawn mentioned, a bunch of the local members of this site meet up once a month. I'll have the location for this month's locked in and announced early next week.

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