All Forum Posts by: Joshua Swart

"I'm calling because I am just curious what your plans are for the property?"

This line works for me a lot. If you need buyers or help with properties I'd love to connect. I am local to concord/Kannapolis. 

North Carolina is an attorney state. You will need to close through an attorney. 

Someone once told me, 

"The squeaky wheel gets the grease"

If you know its a good opportunity, call weekly. 

Yes

Hey Sean, Which city is it in outside of Charlotte? 

I've been doing CrossFit for about 7 years now, I love how I don't have to worry about what my routine will be, I just show up and its on the board, and you are doing it with other people. Many people eat for flavor, not too many eat for fuel. Notice how certain food make your feel and experiment. My eating routine is the exact same Monday-Friday. I feel 100% throughout the week, but on the weekends its a different story.. hahaha. My suggestion would be to stick to a routine, similar to the Miracle Morning. Establish that consistency with a program that works for you.

I'll be there, thanks @Jeremy Aldridge.

Looking for a Bigger Pockets member recommendation for a contractor in the Concord, NC or Kannapolis area. Im sure theres good ones out there. Thanks!  

@Brad E. thanks for the response. We have a really good relationship with a local bank. The loan is kept in house and not sold. The benefits of banking and investing locally are 🔥

Hey BP!

Got a question on student rentals for those that have experience in this space. Came across a fourplex in Salisbury, NC that is right across the street from a college. House is move in ready and needs very minimal work to get renters in. Numbers look really good and all 4 units will be vacant by closing. Was able to settle on a price with the seller but before we put it in writing I decided to do a little deeper digging into the situation. 

Purchase 

$207,000

20% down

closing costs, repairs etc... $8710

3 Units were on the market for quite some time because previous owners did not want to rent to students, but they did not get any interest. Sounds like student rentals are pretty much the only option considering the location. However, school starts in 10 days, which means most students should have housing already. Considering a 30 day closing this would put us well beyond the start of school. Is this a deal-breaker with the potential that we could miss out on the most probable target market of renters? Or am I just overthinking this one..  

Josh