All Forum Posts by: Gorden Lopes

@Luke Ache

I feel the same way. There might be some slow down which I think is healthy and necessary to curb the irrationality that we had seen in the last year or so.

I think buying in a good area with long term growth is a safe bet.

@Michelle Figueroa thank you so much!

I will DM you.

Thanks @Viraj P.! Appreciate that quick response.

Hi Folks!

I am a buy and hold investor currently investing in Huntsville AL and wanted to expand to Greensboro NC. I am looking at a deal there at 200-230K price point and have just started to research about the area. 

Looking to talk to local investor who I can bounce of ideas and run some numbers. If you also have referrals for rockstar PM please let me know. In return, I am happy to share my knowledge on Huntsville AL.

Excited to look at Greensboro NC, I think this is a great market.

Looking forward to connect with you.

Hi @Kayla Matthews

Welcome to BP and Huntsville real estate investing! :) 

I am a out of state investor and have been investing in Huntsville for the past 4-5 years. Hsv is a great market with a huge upside potential. Madison County REIA has a very active FB page and also they have monthly meetups.

Many investors and realtors are active here on the BP forums. @Michael S. is local and is very active here on BP. 

Happy to answer any question that you may have. 

Regards,

Gorden

@Vijay Nidumolu

Finding a good investor friendly agent might be a good first step since he/she would be able to bring you deals with your specific deals.

Having a 10 year horizon for your investment is a very good way to invest. I will be happy to recommend some investor friendly agents if you are looking for one. My rule of thumb for Hsv is that any house with rents higher than 1400-1500 will have a good tenant quality. 

For a buy and hold investor (like me), the rising interest rates have definitely put some brakes on the buying new properties but I have not considered selling any of my properties yet and the main reason for that is I have no better investments lined up for that cash...stock market outlook is not that great either.

@Michael S. are you planning to reinvest the profit back into Real estate? How about just having a line of credit on the gain and using that for any future deals?

@Nikki Yankowski cheers to that! Lets hope the interest rate stabilizes! :) 

I am just waiting on Southwest to fly in. One thing I hate about Huntsville is the lack of direct flights from major west coast cities or even from east coast cities like NY.

Yay! Congratulations to all the investors who found Huntsville before the main stream media did. :)