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Updated about 1 month ago on . Most recent reply

User Stats

26
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Christian Bensch
  • Real Estate Consultant
  • North Carolina (Triangle)
11
Votes |
26
Posts

hard to find good deals

Christian Bensch
  • Real Estate Consultant
  • North Carolina (Triangle)
Posted

Hello Com.

Since two weeks my company Immophants Capital is running. I´m a Real Estate Consulting Comp. for German investors. Helping them to find the most value assets in the USA, focus on NC. 

Now comes the hard part. To find investor friendly real estate offers. How are you doing this part?

I´m happy for every good helping answers. 

THX

Christian 

NOTICE:

I´m actually operating from germany. Planing to move to NC this or next year. 

Most Popular Reply

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2,936
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Shiloh Lundahl
  • Rental Property Investor
  • Gilbert, AZ
4,463
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2,936
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Shiloh Lundahl
  • Rental Property Investor
  • Gilbert, AZ
Replied

The triad area of North Carolina is a good market. The cities include Greensboro, High Point, and Winston-Salem. Connecting with wholesalers in those markets can help you find properties where you can have value. However, most of the wholesale deals are going to need a lot of work. And some will need $50,000 or more in rehab. So if you find a deal that could be worth $150,000 and you could buy it for $90,000 but it needs $50,000 in rehab then it's not that good of deal. You need to be able to understand market value really well and the cost of rehab in order to determine how much to spend by the house.

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