All Forum Posts by: Jeremy Wirths

Talk to other investors in your area and see who they use and call them to compare rates

I agree with @Joseph Firmin. Believe in yourself - from what you said, I would say you are an investor. You have two properties, are they near by or out of state? What is your definition of an investor? Are you treating this like a business or hobby? Maybe creating a formal structure will spark that mindset shift for you? 

@Clayton Murray as @James S. mentioned there are many different markets within the state, as is everywhere, you just have to decide where you want to live. Since you are not looking to cash flow and just break even that opens up more possibilities for you. Finding a duplex to cash flow in a lot of places is very hard to do right now but finding one to break even-ish can happen.

As you get more experience you'll understand how the process works. As far as getting licensed it depends. What's your ultimate goal? There have been many posts about this topic, search of them and you'll see many different opinions. Nothing can ever substitute experience.

@Drew Sing I'm not sure if one can predict which towns but if you look at what an area has to offer you might have better success. Here in NH we have seen a lot of people moving from the bigger cities to the south and bypassing the southern part of the state for the lakes region and mountains. I think areas that will do better are those with attractive features but also have decent internet available to them. I also don't think most people are ready to travel fifty miles to a grocery store or doctors office on the regular. 

@Ken Derby make sure to add 10% to whatever you think your rehab budget will be and add a month or two to your holding costs because more than likely your rehab timeline will run over. Best of luck!

@Zachary Richards I don't want to speak for @Michael Ketchen but he normally hosts them every other month so Jan will be the next. Great way to kick off 2021!

@Charles Johnson if you are going to be financing that is a question for your lender. They will have a minimum amount you will need for them and if you want to go above and beyond that it's up to you. Play with the numbers and see what the returns are like. 

@Benton Rochester I would rent it to the guy that is willing to for the lower rate, then raise the rent after six months. If you decide to show it to others in attempt to get a higher rent immediately, one thing to consider is your market. How many vacancies are there for like properties to yours and do you risk losing the $1775 to competition?

@Bryan Flores Look up Five Pillars Realty Group. They started in Fayetteville and have recently expanded to Charlotte and host a monthly meet-up in both locales called Pints 'n' Properties