Newbie: Raleigh, North Carolina. New Investor looking to learn!!!

Newbie: Raleigh, North Carolina. New Investor looking to learn!!!

New to Real Estate · Greater Raleigh · Member since 2021 · 26 posts · 21 votes

New to bigger pockets.  New to investing.  

My name is Greg.  Originally from upstate NY.  I moved to Cary, NC in 2010.  I am a 34 yr old full time slave to a paycheck and a pension.  I'm married with a daughter and another on the way.  I'm going to NC State University part-time, to get my masters, and decided to buy my first investment property just recently, despite this crazy market.  

I've been drawn to real estate since 2012 when buying our first house.  My father-in-law became a realtor after that purchase.  Since then, the wife and I have always paid attention.  We enjoy looking at homes (yes we're those people who walk in open houses just for fun, or used to be anyway).  We've had some success with timely buying/selling/repeating in this growing Wake County, North Carolina market.  

I have been heavily researching, obsessively, over the past 6 months.  YouTube/books/ podcasts... Of course Bigger pockets is at the top.  There's really no excuse to not know something now a days.  If you are interested in learning about something, it is out there to learn.  In this game the scary part is pulling the trigger, especially as we've been pretty conservative... Dave Ramsey was good for our youth, but it's time to compound our net worth now.

Looking to network.  I know, personally, 1 investor in Wake County.  I have made some good connections through my work with realtors, builders, inspectors, and have just recently found a broker who I will remain working with for some time.  I am in search of a good CPA if there are any recommendations.  

Look forward to meeting you all...maybe even doing business one day.

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Dawn BrenengenBusiness Member
Moderator
Real Estate Broker · Raleigh, NC · Member since 2014 · 2k+ posts · 1k+ votes
5y

Welcome!  We have a monthly meetup.  I think it's the second Wednesday of each month, so you should join us in May!

See this reply in the discussion

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  • Real Estate Agent · Surf City, NC · Member since 2017 · 648 posts · 597 votes
    5y

    @Greg Pawluk welcome to the game brother! Congrats on your first rental property purchase. What is your next goal regarding real estate investing? 

    I have some family in Cary, NC and we are there regularly, would love to meet up and grab a coffee next time we are there.

  • Julio GonzalezPro Member
    Specialist · West Palm Beach, FL · Member since 2008 · 4k+ posts · 1k+ votes
    5y

    Welcome to BiggerPockets, Greg! Glad to have you as a part of this great community! I would love to connect and bounce ideas! 

  • Solo 401k Expert · Anaheim Hills, CA · Member since 2012 · 18k+ posts · 6k+ votes
    5y

    @Greg Pawluk

    Welcome to BP! You have found the right place for a plethora of information on REI.

    Check out BP Podcasts: https://www.biggerpockets.com/podcast

    Good luck on everything!

  • New to Real Estate · Greater Raleigh · Member since 2021 · 26 posts · 21 votes
    5y

    Thanks all.  I look forward to this new chapter.  

    @seanmcdonnell, let me know when you're in town next.  When we do beach trips it's usually to Surf City or Topsail, coincidently! 

    The next step for me is to get settled with managing this property. Getting a business model/plan in place. Show the managing partner (wife) how successful it can be, then duplicate. I will most likely tackle a BRRRR next as I know some contractors/builders who have shown interest in partnering. Have been looking into multi-family as well.

  • Dawn BrenengenBusiness Member
    Moderator
    Real Estate Broker · Raleigh, NC · Member since 2014 · 2k+ posts · 1k+ votes
    5y

    Welcome!  We have a monthly meetup.  I think it's the second Wednesday of each month, so you should join us in May!

  • New to Real Estate · Greater Raleigh · Member since 2021 · 26 posts · 21 votes
    5y

    @dawnbrenengen.  Just seeing this, been busy with work and finals (putting myself back through school).  Would definitely be interested in a meet up in future.  Thanks.  

  • Real Estate Agent · Raleigh, NC · Member since 2020 · 31 posts · 13 votes
    5y

    Welcome, Greg! I am in Iowa but will be in Raleigh in August. I'm working as a residential real estate agent and doing some Broker Price Opinion / commercial work on the side. I'm working on my first BRRR home with the target of July to be refinanced / rented. Admire your time absorbing info the past six months, what book did you like the most?

  • New to Real Estate · Greater Raleigh · Member since 2021 · 26 posts · 21 votes
    5y

    @Ben Magee, Iowa!  Good deer hunting!

    I hate to even say it.... rich dad poor dad is what got my mind racing.  I'm now reading Brandon's and David's books.  Lot of youtube and online articles.  

    Outstanding. I want to BRRR on my next one or do a multi family, or both. Been researching creating financing options as I can already tell capital is going to be an issue and I don't have the option of house hacking. We're in our forever home.

    Nice meeting you.  Stay in touch. 

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