NC Broker, Property Manager & Investor — Fayetteville / Fort Bragg / Sandhills

Coral Springs, FL · Member since 2018 · 486 posts · 105 votes

3w

Nick, welcome to BP. Running a brokerage and property management company at the same time is a solid combination, especially in a military market like Fayetteville. Fort Bragg creates a steady demand for rentals that a lot of other mid-size NC markets don't have.

I'm a private investor focused on tax deed auctions in Broward County, Florida. The strategy is different from what you're doing, but the underlying math is similar. You're looking at whether the numbers work for a buy-and-hold in the Sandhills, and I'm looking at whether the numbers work for a tax deed purchase in South Florida. Both require you to be honest about rehab costs and carrying costs before you commit.

One thing I've learned from the auction side that might translate to your property management work: the properties that look cheapest at acquisition often have the most hidden issues. Title problems, code violations, deferred maintenance that doesn't show up until you open the walls. If you're evaluating deals for investors, that's the kind of due diligence that separates a good property manager from one who just collects rent.

I'd be curious to hear how the Fayetteville market is treating investors right now. With the military presence, do you see a lot of demand from service members looking to rent, or is it more civilian population driving the market?

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Nicholas EibergerBusiness Member
OP
Real Estate Broker · Fayetteville, NC · Member since 2026 · 2 posts · 2 votes
3w
Thanks, I appreciate the welcome. I agree with you completely on the “cheap” properties. A low acquisition price can disappear pretty quickly once you uncover deferred maintenance, major systems, title issues, or repairs that weren’t obvious on the front end.
That’s one reason I like having both the brokerage and property management sides. We can look at a deal beyond just purchase price and projected rent and ask what it is actually going to cost to own, maintain, turn, and manage over time.
As far as Fayetteville, the military is definitely a major driver of the market. Fort Bragg creates a constant flow of service members and families coming into and leaving the area, and that gives the market some insulation that a lot of similar-sized markets don’t have. People are constantly being reassigned, which means there is always some level of forced movement, families who need to buy, sell, rent, or become landlords because of PCS orders. That doesn’t make the market recession proof, but it does help create consistent housing demand.
We also have plenty of civilian demand, so it isn’t exclusively a military market. For investors, I think the biggest thing here is that location matters tremendously. Two properties only a blocks away from each other can have very different tenant demand, rent potential, turnover, and maintenance profiles.
Your tax deed strategy sounds interesting as well. I’d definitely be interested in hearing more about how you underwrite title risk and rehab costs before bidding.
ONNIT Realty Group | ANE Property Management 5607 Reviews
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Brad SeidBusiness Member

Lender · Licensed in 28 States · Member since 2026 · 161 posts · 46 votes

3w

@Nicholas Eiberger Hi Nick, great to connect! I work with investors and real estate professionals to help with financing and lending options for investment properties. If you ever have clients looking for funding or want to explore financing for a deal, feel free to reach out. Happy to compare notes and see how I can help!

[email protected]248-408-3855

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Ashley RigsbeePro Member

Customer Success & Onboarding Specialist at BiggerPockets · Charlotte, NC · Member since 2023 · 85 posts · 33 votes

2w

Welcome to BP, Nick! I'm in the Charlotte area. I'm curious how rental demand around Fort Bragg compares with what we're seeing in the Charlotte metro. Do military relocations keep your vacancy pretty steady year round?

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Dmitriy Fomichenko

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

2w

Welcome to the BP community @Nicholas Eiberger ! Great that you joined the site!

Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts

Wishing you the best!

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Diana KhanPro Member

Attorney · 10451 Mill Run Cir #755 Owings Mills, MD 21117 · Member since 2024 · 483 posts · 177 votes

3d

Quote from @Nicholas Eiberger:

Hi everyone, I’m Nick Eiberger from Fayetteville, North Carolina.

I’m the Broker/Owner of ONNIT Realty Group and the owner of ANE Property Management. My day-to-day work covers residential sales, investment properties, property management, renovations, and helping investors evaluate opportunities throughout Fayetteville, Fort Bragg, Southern Pines, Pinehurst, and the surrounding Sandhills.

I joined BiggerPockets to connect with other investors, property owners, agents, lenders, contractors, and real estate professionals. I’m especially interested in growing our investment and property management relationships throughout North Carolina.

I’m always happy to compare notes on the local market, rentals, property management, acquisitions, renovations, or potential deals.

If you’re investing in North Carolina or looking at the Fayetteville/Fort Bragg/Sandhills area, feel free to reach out

@Nick Baldo, your point about military families becoming landlords because of PCS orders caught my attention. I work with landlords regularly, and becoming a landlord because life requires you to move can be very different from buying a property with the plan to rent it from day one. There are suddenly leases, management, documentation, and owner responsibilities to think about while the person may already be preparing to live somewhere else.

I’ve worked with property owners where the rental itself wasn’t necessarily the problem. The challenge was that they had not originally planned to become landlords, so some of the legal and operational pieces were being figured out after the fact. Having good property management involved early can make a real difference in those situations.

I enjoyed reading your perspective, @Nick Baldo. With you seeing these properties from the brokerage and management sides and me working with landlords and investors from the legal side in Maryland, there’s a lot of natural overlap in what we see. Happy to stay connected and exchange perspectives.

[email protected]240-266-0291

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NC Broker, Property Manager & Investor — Fayetteville / Fort Bragg / Sandhills

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