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All Forum Posts by: Ethan Haigler

Ethan Haigler has started 1 posts and replied 28 times.

Post: NEW INVESTOR! Eager to learn !

Ethan Haigler
Posted
  • Real Estate Agent
  • Charlotte, NC
  • Posts 28
  • Votes 12

Happy to have a conversation with you Lee. I’m an agent and investor. DM me if you’d like to chat.

Post: New Investor! Looking to build a team

Ethan Haigler
Posted
  • Real Estate Agent
  • Charlotte, NC
  • Posts 28
  • Votes 12

Carlos- I’d love to help you out. I’m an investor in multiple states (BRRRRs, Flips, single family, multifamily). I live in NC and am an agent in NC and SC but invest in other states in addition to my own. Reach out to me if you’d like to chat.

Post: new member from cincinnati

Ethan Haigler
Posted
  • Real Estate Agent
  • Charlotte, NC
  • Posts 28
  • Votes 12

Hey Tresor! Welcome. I'm an investor in Ohio (Columbus, Dayton, Cleveland), in addition to North Carolina where I live. Would love to network with you! I will eventually go into Cinci also 

Post: I have 450k cash

Ethan Haigler
Posted
  • Real Estate Agent
  • Charlotte, NC
  • Posts 28
  • Votes 12
Quote from @Eric Fernwood:

Hello @Max Engel,

Most people want to invest in real estate close to where they live - that's natural. But here's the thing: to actually live off your rental income and be financially independent, you need to invest in a city with the right characteristics or you can not maintain financial independence.

Key factors for a successful investment city include:

  • Population Growth: Cities with significant and sustained population growth typically have rising prices and rents. If your rents don't increase faster than inflation, the number of properties you own becomes irrelevant—you won't be able to maintain financial independence.
  • Low Overhead Costs: every dollar you lose to cost like taxes and insurance is a dollar or less for you to live on. Be very aware of the overhead cost of the city where you invest.
  • Job Growth: a rental property is no better than the jobs of your tenants. In the US, companies have an average lifespan between 10 and 18 years. So, during the year you will live on your rental income, your tenants will probably have to find replacement jobs on more than one occasion. So your future depends upon new companies, moving into the city and creating replacement jobs. Companies have a lot of options on where to set up new operations. The most common factors that companies based their city selection on are as follows..
    • Metro Population: 1M+ population provides infrastructure and workforce.
    • Low Crime Rates: Safe environments attract businesses.
    • Pro-Business Climate: Favorable regulations encourage growth.
    • Competitive Costs: Lower operating costs attract companies.

"Live where you love, but invest where you can achieve financial independence." Choose investment locations based on financial goals, not proximity to where you live.

Remote investing works. The critical factor is a competent full service local investment team.


 Nice post Eric! I agree!

Post: New to SC let’s connect!

Ethan Haigler
Posted
  • Real Estate Agent
  • Charlotte, NC
  • Posts 28
  • Votes 12

Happy to help on the investment side and/or purchasing side, as an agent. DM me if you’d like to chat. I’m a licensed agent in NC and SC

Post: Looking for a mentor

Ethan Haigler
Posted
  • Real Estate Agent
  • Charlotte, NC
  • Posts 28
  • Votes 12

Happy to help on the investment side and/or purchasing side, as an agent. DM me if you’d like to chat

Post: Real Estate Rookie

Ethan Haigler
Posted
  • Real Estate Agent
  • Charlotte, NC
  • Posts 28
  • Votes 12

Happy to help on the investment side and/or purchasing side, as an agent. DM me if you’d like to chat

Post: what’s the #1 thing you look for in an investment property right now?

Ethan Haigler
Posted
  • Real Estate Agent
  • Charlotte, NC
  • Posts 28
  • Votes 12

Personally for me - since I buy to hold —>Value add, so that I can get my down payment back after refinance, while also making sure that the new refi mortgage payment will be covered by market rent.

Post: Columbus, Ohio community!

Ethan Haigler
Posted
  • Real Estate Agent
  • Charlotte, NC
  • Posts 28
  • Votes 12

Hey Nick - I have several in Columbus. Happy to share info. Let me know what questions you have. Within OH, Columbus has been an appreciation market for me..Buy places needing repairs, rehab, rent, and then refinance. By the time you refinance, my experience has been price appreciation, where I’ve been able to cash out refi. Other areas of OH, like Dayton, and Cleveland are cash flow areas. Don’t expect too much appreciation but you can expect cash flow over mortgage. This has been my experience 

Post: BRRRR in Charlotte, NC

Ethan Haigler
Posted
  • Real Estate Agent
  • Charlotte, NC
  • Posts 28
  • Votes 12

Hi Kelly! There are definitely still opportunities available in Charlotte and surrounding areas. 
I have found success in all zip codes but Charlotte properties in general move fast. I use a handful of wholesalers in addition to MLS listings. Recently, I've found some great opportunities in 28216, 28213, 28208 zips, but as mentioned there all opportunities in many zip codes in and around the Charlotte area. I generally use $15-$20 per square ft to estimate light rehab, $35 for medium and $55 for heavy rehab..however, with some recent tariffs on building supplies, this could go up in the future. Let me know if w if you need any further help.