All Forum Posts by: Andy DeFruscio

Hey there! So my dad and I own a couple Duplex's together and are looking to buy more investment properties. We have decided that it is time to talk about our goals and buying properties to meet those goals. My dad is 54 years old and plans on retiring at 62. I am 28 years old and am really just getting started into my professional lives. I guess when I boil down our goals, we are both looking for cash flow. I guess I would just like to hear what people's ideas are to mesh our goals and if they have had to work through something like this. Not sure if I am getting my point across but hopefully someone knows what I am talking about. Thanks!

Hey Phil,

I have a buddy who does this kind of stuff all the time. Message me for his details. He lives right outside Charlotte so I am sure he would be happy to help you!

Hey Mustafa, I am pretty new to the forum here also but I wanted to say welcome. I am a small investor here up in the Lake Norman area and also a Real Estate agent. I am not much older than you at 27 and I think it's great you are looking to get started so young. Maybe we could meet up some time and discuss our business and business plans.

Wow thanks for all of the great info and tips! I really appreciate it! I have since decided not to rent to these two girls. It just seemed like to high of a risk and I had so many good applicants it was not worth it. I have the unit rented now to a young woman who bar tends at a local restaurant and has a 5 year old daughter. Her husband died in Afghanistan and she needed a good place to raise her daughter. I think she will be a great tenant!

Hi Qulia, I'm right up here by Lake Norman. Let me know if your ever need anything up this way. I am also an agent and I love to talk investing.

I am new to this so please forgive me if this was discussed elsewhere but I searched and could not find anything. I have two duplex's right next to each other and for the last year and a half, the tenants have all been amazing. A tenant just moved out and I am looking for a new tenant. I was wondering what people's opinions were about renting to young people with no rental history. I have two young girls that would like to rent. I have not gotten their applications back yet but I literally just met them at the property. One girl works at a restaurant, and the other is working part time and going to school part time (and pregnant). The girl going to school receives social security checks since her mom died when she was younger. My wife thinks they will be great as long as their income and jobs check out. I am a little nervous because they both currently live with family and on top of that, the last thing I need is a couple young party girls coming in and upsetting all the other great tenants. I know this may be a little premature since I have not even gotten their applications back yet but I was wondering what people thought. Thanks!

Thanks guys!

Hello everyone! My name is Andy DeFruscio and I have been a Real Estate investor on a very small scale for about 5 years. I currently own two duplex's, a townhouse, and the single family home I live in. I am looking to pick up more single family and duplex's. I am currently working as a full time Realtor in the Lake Norman NC area. I have listened to almost every podcast and am just getting started on the site.