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All Forum Posts by: Joseph Druther

Joseph Druther has started 119 posts and replied 321 times.

Post: GREAT Opportunity for a Flip or Rental Downtown Carthage, NC!!!

Joseph Druther
Posted
  • Investor
  • Southern Pines, NC
  • Posts 328
  • Votes 171

Great opportunity for a flip or rental downtown Carthage, NC!!! Realtors add your fee (whatever you like), over and above the asking price. 


This house is a gem in downtown Carthage! It needs updates, but will be awesome when it is finished. Huge wrap around porch to watch the buggy festival. The wood floors downstairs have already been refinished, and the upstairs has wood floors under the carpet that can be refinished as well. All the windows have been replaced in the recent past with double pane vinyl windows,. The exterior has been updated with vinyl and wrapped in aluminum that is in good shape and mostly just needs a good cleaning. The bonus area upstairs has two bedrooms and play area.Potential +/-2,000 square feet with upstairs. Another option for the savvy investor may be turning it into a commercial space. There are a lot of options with this one! 


Estimated Market rent: $1734/month (rentometer)

See walk through video here: https://drive.google.com/drive/folders/1mkF2wh8fXN...


See more pictures here: https://drive.google.com/drive/folders/1oKZ3wMOQT-...

Post: MARCH REIA Meet up in Moore County NC!!!!

Joseph Druther
Posted
  • Investor
  • Southern Pines, NC
  • Posts 328
  • Votes 171

Hey guys, just a reminder about next weeks meetup!! Come on out and have a great time with us. Be sure to let us know if you are planning on being there so I have an idea of how many to tell hickory tavern. Only fee is to buy your own food and drink. 

Keywords: Pinehurst, Southern Pines, Aberdeen, Pinebluff, Cameron, Sanford, Vass, Moore County, Seven Lakes, West End, Raeford, Carthage, Robbins, Eastwood, Sandhills, Apex, Raleigh, Fayetteville, Whispering Pines, Fayetteville

Post: MARCH REIA Meet up in Moore County NC!!!!

Joseph Druther
Posted
  • Investor
  • Southern Pines, NC
  • Posts 328
  • Votes 171

Hey guys!!,

It's that time again already! Come meet us at Hickory Tavern on the 13th of this month at 6:30 to have a great time networking and connecting with other investors in your area! This is a super relaxed, fun way to build relationships who have the same passion as you in real estate! 

Hope to see you there! 

P.S. If you could let me know if you are coming that would be great so I can ballpark the amount to Hickory. But there is always room for more, so if you don't, just come on out anyway!!

Keywords: Pinehurst, Southern Pines, Aberdeen, Pinebluff, Cameron, Sanford, Vass, Moore County, Seven Lakes, West End, Raeford, Carthage, Robbins, Eastwood, Sandhills, Apex, Raleigh, Fayetteville, Whispering Pines

@Brandon Purdeu @Rebeckah Payne

Post: Hello Investor community!

Joseph Druther
Posted
  • Investor
  • Southern Pines, NC
  • Posts 328
  • Votes 171

Welcome! Raleigh is a really hot market right now so definitely take your time to understand what a great deal looks like and the market in general. Don't get caught by analysis paralysis, but take the time to understand the market as well. Utilize that awesome w-2 to secure your stuff for cheap. Once you quit your JOB the banks don't really like you anymore lol. Sounds like you are taking the right steps though, so good luck! you have a great community here to help you when you need to analyze your deals.

Post: DID YOU SEE THIS DEAL!!!! 276 Edgewood Terrace Dr, West End, NC

Joseph Druther
Posted
  • Investor
  • Southern Pines, NC
  • Posts 328
  • Votes 171

Great opportunity for a rental or a flip in Moore County! Needs a little bit of TLC, but would make a great starter home or a rental. Realtors add your fee (whatever you like), over and above the asking price.

Estimated Market rent: $789/month (rentometer)

Additional Information:

Tile floors throughout living, dining, and bathroom are in good shape

Has double pane vinyl windows throughout

All exterior walls have been insulated

Has some moisture damage from what appears to be an old HVAC pan leak or chimney leak

The paneling in the dining room needs to be replaced

Needs flooring in kitchen and carpet in the bedrooms, misc sheet rock repairs, paint throughout

May possibly need a new roof soon

Click here to see more pics!

Click here to see walk-through video

Post: 2 yrs ago I made 73K on a flip and started my investing career.

Joseph Druther
Posted
  • Investor
  • Southern Pines, NC
  • Posts 328
  • Votes 171

@Account Closed,  Most of our leads come from driving for dollars still. We do direct mail and online stuff as well, but the best by far are driving for dollar leads.

Post: 2 yrs ago I made 73K on a flip and started my investing career.

Joseph Druther
Posted
  • Investor
  • Southern Pines, NC
  • Posts 328
  • Votes 171

@Erik Orozco Thanks Man!!

Post: 2 yrs ago I made 73K on a flip and started my investing career.

Joseph Druther
Posted
  • Investor
  • Southern Pines, NC
  • Posts 328
  • Votes 171

@Frank Caputo Yup, people overpay. I just try to get around that by doing off market deals. Seems to be working out pretty good so far. 

Post: February's Moore County NC Meetup!!! Special Format!!!

Joseph Druther
Posted
  • Investor
  • Southern Pines, NC
  • Posts 328
  • Votes 171
Originally posted by @Brandon Fix:

This is cool. Sorry for the late RSVP. I live in Southern Pines and am definitely interested in some networking and discussion. Thanks for setting this up!

 Awesome! Will look forward to meeting you there!

Keywords: Pinehurst, Southern Pines, Aberdeen, Pinebluff, Cameron, Sanford, Vass, Moore County, Seven Lakes, West End, Raeford, Carthage, Robbins, Eastwood, Sandhills, Apex, Raleigh, Fayetteville, Whispering Pines

Post: 2 yrs ago I made 73K on a flip and started my investing career.

Joseph Druther
Posted
  • Investor
  • Southern Pines, NC
  • Posts 328
  • Votes 171

@Scott W. Absolutely, we are very blessed. "The paid off home mortgage has taken the place of the BMW as the status symbol of choice" -Dave Ramsey. 

P.S. I drive a 2000 Civic with 150K miles that I paid about $3500 almost 4 years ago. Will drive it for the foreseeable future ;) My money makes much more money in RE than vehicles.