All Forum Posts by: Cole Oraham

@Jacob Fournier congrats! I have an 8 unit in Anderson, and it has been incredible!

Congratulations and welcome to the area!

@Sanford Myers I am in a similar boat. I love 5-16 unit multis, but it is so hard to find a deal that makes sense right now. I really want to go the STR route, but I keep talking myself out of it because it is more demanding than conventional rentals. In my opinion, the best way to narrow down is to look at which investment type is most conducive to your lifestyle. Flipping is a lot of managing the rehab. STR is a lot more hospitality. MHPs in our area can often be a much lower class tenant which requires more turnover/a harder time collecting rents and upkeep of the property. Each of the above mentioned things are why there is money to be made in the different investing methods! It's a matter of finding the problems that best suit your skillset.

I'm an agent in Clemson. I'd love to connect with you!

Hey @Esteban Jimenez!

Personally, I don't like the numbers for purchasing condos in large communities unless you get a killer discount on the purchase price. It sounds like you might be looking at Tillman Place. As of right now, that is about average to what I would expect it to get on the open market. 

The issue there is that you are competing against all of your neighbors with the same floor plan and same features. It makes it kind of luck-of-the-draw for if someone leases your unit vs the neighbor's unit. 

The positives: Clemson currently has a moratorium on housing developments, and that doesn't seem like it will ease up anytime soon. They are massively increasing enrollment numbers (and have been for a few years). The demand should stay strong, and with the location (if I'm correct about my assumption of the community) will help keep it leased.

Your interest rate seems about like it should for an investment property loan. I'm happy to send you over the contact info for some other lenders if you want to compare rates. 

I hope that this all helps! I'm happy to discuss further or help you find a property! Please feel free to message me and I can send you my contact information. I'd be happy to talk further and answer any other questions you have!

@Elizabeth Miller I am happy to answer any questions you have about the real estate market around Clemson. While I do also help clients in the Greenville area, my primary focus is Oconee, Pickens, and Anderson Counties.

@Sean Clarkin I am in the Clemson market! I would be happy to answer any questions you might have or help you find an investment. Feel free to private message me to let me know how I can help!

Hey @Justin Famulari!

Congratulations to you guys! Hartwell and Keowee are both beautiful lakes. I would try to connect with John Underwood. He is another BP member who does VRBO on Lake Hartwell. He's very active in the forms, so you should be able to find him pretty easily. I am having difficulty tagging him.

Best of luck!

@Nina Hayden I would be happy to answer any questions that you have! I’m an agent in Clemson. Feel free to shoot me a message or comment below any general questions

@Frank Gucciardo What area of SC are you looking to purchase? I am happy to help you find any properties in the Upstate of South Carolina!

Hey @Kyle Walton! Welcome to the community. What area are you working/living in now? I'm a real estate agent here in the Clemson market. I am more than happy to help answer any questions that you have about the area.

I think the biggest thing to determine would be what area of REI you want to focus on. To a hammer, everything looks like a nail. Once you decide what area you think you would like to focus on, you can narrow down and invest your time into learning as much as possible about that specific niche. In the beginning, you might not know what is out there and where you want to go. You are your own best asset. Invest in yourself and consume as much knowledge as you can. Just remember, knowledge without action is foolishness.

Best of luck!