New Guy in NC Ready to Dive In! Let's do it!

17 Replies

Hello Everyone,

Hope all is well.

My name is Brandon and I am excited to make the leap from avid BP podcast listener and reader to Real Estate investor! Many of your stories have inspired me and I look forward to continuing to learn and contribute to your success as well! 

A little bit about me....

I currently reside in North Carolina where I was also born and raised. After receiving my MBA at Wake Forest we settled down in the Winston Salem area.  Given my experience and knowledge of the Piedmont Triad this is where I hope to launch my initial investing plans.  Also being drawn to the Fayetteville NC area given prices, etc. Would love your perspective on one vs. another for a beginner. 

I'm currently a corporate marketing professional with a longtime passion for real estate.  I've also completed the NC Broker course and class exam although I elected not to pursue my license at this point.  I've actually sold our 1st home myself and am preparing to sell my 2nd soon as we have realized nearly a really solid equity gain in just a couple of years. 

    Ultimately my goal is to estalish a passive income producing portfolio focused on SFH and small multifamily properties. While I have some initial capital I am interested in exploring wholesaling as a way to fund deals (super inspired by Josiah Pott's story on episode 346).

    I look forward to getting to know as many people in and around the Carolinas as I can! Definitely have a lot to learn as I dive in and hope to leverage my marketing and analytics training to help you however I can!

    Best Regards,

    Brandon

    Afternoon Brandon. I moved to Winston 6 years ago and have been dabbling in the real estate game for a few years now. There's plenty of opportunity in and around the area, depending on your risk tolerance of course, and hoping to expand my portfolio to get out of the rat race and enjoy life. I wish you luck and please keep me in mind if you go the wholesaling route and are looking for a buyer. 

    Regards,

    Stephen

    @Stephen Diakos very nice to meet you!  Sounds like we have really similar goals in mind.  Would love to potentially connect some time to discuss your experience so far in the Triad as an investor and realtor.  Lewisville in particular has definitely caught my eye given how the amount of construction, etc. in recent years.  

    @Dawn Brenengen thank you so much for the insight and advice.  Totally agree that a meet-up would be a fantastic idea.  I will try to figure out when the next few are scheduled.  In the meantime would love your POV on the best BP resources to check out as I take my real estate journey to the next level.  Podcast Episode #101 will be the next one I listen to! 

    @Alexander Felice really appreciate your reply and offer.  Did you relocate from LV to Fayetteville? I remember you were in the military and wondered if that is what drew you to that area.  Looks like you've been able to transform some local properties in into solid rentals, etc. which is awesome.  Would love to connect.  

    Hey @Brandon Belk , welcome. I would like to invite you to the triad REIA lunch meeting that we have scheduled for Thursday starting at 11:45 AM and ending at 1:30 PM at Roosters on Knollwood. We have lunch meetings the first two weeks of each month (with some exceptions like January). Next year we will be changing venue though. I hope that you can make it. If you need anything, please let me or any other Triad REIA board member know.

    Hi @Brandon Belk ,

    I happened to stumble on your post while searching for other investors in the local Winston Salem area. I myself am relatively new to real estate investing. My wife and I just purchased our first rental property - a SFH fixer-upper here in Winston Salem. We're certainly putting some sweat equity into this deal but it's been exciting knowing that we're finally making moves and learning along the way.

    If you ever have any interest in meeting up for a beer & a quick chat, please reach out! I'm always looking to meet folks who are excited about the power of real estate and can relate to all the BP podcasts I've been listening to lately.

    Best of luck in your future endeavors!

    Brad

    Hey @Brandon Belk  and welcome to Bigger Pockets! You just took a big step towards starting off in real estate investment. Bigger Pockets is a great place for networking and getting deals done. It's one step for real estate investing, the other step for great success! Congratulations and I wish you a all the success.

    @Brandon Belk

    Welcome to BP. I am out of the Raleigh / Wake Forest market. From working with many investors and trying to find deal of my own this is a pretty hot market and challenging to find cash-flowing properties at any volume. If you are already in Winston-Salem area I would focus on some of those markets around there. There are opportunities in some of the more rural markets around your area as well. We are working with an investor that just picked up 36 units in Eden, NC that cash flow well. The rural markets have their challenges but you can still find cash-flowing properties more easily.

    The more refined you can get your criteria the more effective you'll be in getting friends, agents, and other off market deals to come your way. I hope this is helpful.

    @Tyler Lowe Thank you for reaching out and for the invite! The response to my first post has been amazing. Based on your post/advice I have just registered on the Piedmont Triad REIA website! While I'm not sure I will be able to make it this week I am definitely interested in attending an upcoming Lunch and Learn. The January session on Direct Mail Marketing is of particular interest. Look forward to connecting!

    @Aaron Belt Thank you and I 100% agree!  Very cool that you are involved with Land Academy.  Vacant Land investing and wholesaling have been of particular interest for some time given lower costs of entry, etc. I have followed Seth and REtipster as well.  Have you ever invested in land in or around NC? 

    @Phillip Bradrick thank you for the great advice.  I actually live in Mount Airy, NC which is another rural type market similar to Eden potentially.  Definitely not opposed to the right deal locally as well just a little less inventory to work with. Fine tuning my criteria is a solid callout.  It can be a bit overwhelming listening to the podcasts and hearing so many different strategies and approaches at seem to work!  

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