Investor · Wilmington, NC · Member since 2016 · 211 posts · 262 votes
Hello all,
I'm from Wilmington, NC and currently own 1 investment property. It's a 3 bed 2 bath located in the Wilmington area and I've owned it for just over 2 years. So far my real estate experience has been great and I want to continue down this path.
I'm currently a student in Physician Assistant studies so my investing has been put on a slight hold until I have more time and a steady income. Only about 16 months left to go so I'm fine with the wait.
My biggest interest is SFH and duplexes. My last realtor was amazing but the lender wasn't easy to work with. I don't believe the realtor is still working in the area.
That's my introduction, hope to meet some great contacts on here.
Oh, and I've been reading the forums for a long time now, just figured I would finally make an account and jump into the discussion.
Welcome William
You mentioned a realtor.
If you are looking for an investor friendly and very good, realtor then I can highly recommend mine (Erwina Hartanti) from Intracoastal.
She goes above and beyond finding flips for me.
Connect and I'll send her contact details if you want.
Welcome William
You mentioned a realtor.
If you are looking for an investor friendly and very good, realtor then I can highly recommend mine (Erwina Hartanti) from Intracoastal.
She goes above and beyond finding flips for me.
Connect and I'll send her contact details if you want.
Welcome to BP. I'm new as well but have been trying to learn as much as I can too. I too am a future physician assistant as I will be starting school this fall in philadelphia. I'd love to hear your input on balancing a life in healthcare while still finding time to be an active investor
To be honest I haven't been able to dedicate time towards being an active investor since starting school. For one I don't have any income right now so I would have to do creative financing which will require more time than I have. I still look online at housing prices in areas that I'm interested in just to get to know the market, and I will look at the trending posts here on BP.
Once I graduate and start making the PA salary I'll really kick off my real estate investing.
Fortunately I have school paid for (military), so I've considered taking out school loans and paying cash for a ~50k rental. The interest rate is high (6.25% I believe), but I don't have to start paying on it till I graduate and could pay it off in very large chunks with the rental income and the PA salary. So that's an option but I'm neck deep in finals right now and it will have to wait till January at the earliest.
While I agree that it's a great way to build equity it's not feasible for me right now for a multitude of reasons. I'll be starting clinical rotations in about 5 months and I'll basically be moving from city to city each month for just shy of a year. My wife and I own our own home and we enjoy our privacy, neither of us would enjoy living in any type of plex. Plus we have two dogs and plan to have a baby within the next couple years.
If I was single and staying in one area for a while I would definitely be interested!
Welcome to BP and the Wilmington area. I would suggest to start attending Coastal Carolina REIA that meets once per month on Thursday evenings. That has helped me tremendously.