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All Forum Posts by: Adrian Becoat

Adrian Becoat has started 5 posts and replied 25 times.

KS bank , Union or Fidelity are all small local banks. Small locals are usually real estate investor friendly. You may consider "interviewing" these or any other small locals in the triangle to see if they can meet your needs......Good luck!

Post: Proof Of Funds-HELP!

Adrian BecoatPosted
  • Investor
  • Raleigh, NC
  • Posts 29
  • Votes 7

Visit the Wholesaler forums on BP .....tons of info there and what you don't find already posted just create your own post like you did here. Search the podcast for info on wholesale tips as well . I've done a few wholesale deals ,I'd be happy to answer any questions or point you in the direction of someone who can. Good luck !!!!! 

Post: Durham, NC TREIA or Not?

Adrian BecoatPosted
  • Investor
  • Raleigh, NC
  • Posts 29
  • Votes 7

Just a heads up TREIA West has a meeting Monday April 23rd. I just registered and there were a few seats left .....TREIA West is basically Durham , Orange & Chatham counties. @Michael Bell

Post: Durham, NC TREIA or Not?

Adrian BecoatPosted
  • Investor
  • Raleigh, NC
  • Posts 29
  • Votes 7

Pay to attend one meeting bring some biz cards and network.  Try to identify what real estate need you have before attending so you know who to try and connect with ,if you find someone who can help you out then it was worth the cost of attending. You don't have to be a member to attend but you will have a higher entry fee than members will. If you like it then you can decide to become a member if not you only made a small investment $20-$30. @Dawn Brenengen handles the Bigger pockets meet up in Raleigh/Durham and there are hundreds of people here on BP to connect with. Hope this helps out !!!

Post: Direct Mail Marketing

Adrian BecoatPosted
  • Investor
  • Raleigh, NC
  • Posts 29
  • Votes 7

@Christian Laines its definitely time consuming but as @Allan Rosso mentioned it works because our list are small. I use "advance backgroundsearch.com" or white pages.com to find numbers . I'm definitely gonna add homemetry.com to my tool box thanks Allen for the suggestion. To save a little time I've also created a typed standard company letter. This is what I attach the hand written( post it note) message to. I run 2 other businesses and sometime I just cant take the time to hand write a whole letter but I at least need to make a formal effort to let the seller know I'm out here and I'm interested.

Post: Direct Mail Marketing

Adrian BecoatPosted
  • Investor
  • Raleigh, NC
  • Posts 29
  • Votes 7

My mentor always hand writes his seller prospects, he says its highly effective. He also recommends that I always call when possible, his logic is why wait for a letter to reach a possible seller and hope for a response when you can get an answer immediately with a simple call. In the event I can not find a working phone number , I send out a very basic ,friendly but to the point letter about wanting to buy or offering my assistance in locating a buyer for their property. With this letter I include a short  hand written"post-it" note encouraging them to call when convenient, thanking them for their time or asking them to keep my info handy for when they're ready to sell . This adds a personal touch and keeps me from having to write several paragraphs each time I find a new property.

Hope this helps !

Post: Looking for Mentor/Partner

Adrian BecoatPosted
  • Investor
  • Raleigh, NC
  • Posts 29
  • Votes 7

Good Luck @Don Antoncich Bigger pockets is a good place to network , I'm still learning my way around real estate investing too but I'll help you out any way I can.

Post: Looking for Mentor/Partner

Adrian BecoatPosted
  • Investor
  • Raleigh, NC
  • Posts 29
  • Votes 7
Originally posted by @Jonathan Taylor Smith:

Hello Don... Always interested in meeting new people over coffee to talk REI...

J.T.

 My mentor recently  moved away and it's very difficult to get with him for advice and help. I'm in Durham N.C 2-3 times a week looking for deals, coffee is on me if you're open to help one more person! @Jonathan Taylor Smith

Post: Partnering with builders or investing in new construction.

Adrian BecoatPosted
  • Investor
  • Raleigh, NC
  • Posts 29
  • Votes 7

I was recently offered an opportunity to invest in some new custom homes or partner with the builder . I plan on sitting down with the builder to discuss it further . I want to know if any builder or investor has any advice on how to properly make either of these situations work . I'm looking for do's , dont's, red flags and possible strategies . I started out as a wholesaler and moved into SFH flips. Alot of the investors I used to wholesale to have started building homes in my area, I know none of them are builders by trade but they have been very tight liped about how they made the jump from flipers to building/construction. Im looking to hear from any of my BP colleagues with insight on this investment strategy.

Post: Advice on Durham North Carolina investing.

Adrian BecoatPosted
  • Investor
  • Raleigh, NC
  • Posts 29
  • Votes 7

@Greg Fitch Thank you for taking the time to respond, great advice and it will be put into action immediately!!!