All Forum Posts by: Kwame Williams
Kwame Williams has started 0 posts and replied 13 times.
Post: Looking for Contractor - Greensboro, NC

- Flipper/Rehabber
- Greensboro, NC
- Posts 16
- Votes 5
@Matthew Vaughan
https://www.boninoconstruction.com/
Post: Seeking Investment Property in Greensboro NC

- Flipper/Rehabber
- Greensboro, NC
- Posts 16
- Votes 5
@Matt Lengel I am an investor and deal finder, I dont mind doing some off market looking in some areas if u identify your criteria.
Post: Investment property under $200K

- Flipper/Rehabber
- Greensboro, NC
- Posts 16
- Votes 5
@Rushda Hakim
Take a look in the Carolinas, specifically 1) Raleigh and surrounding areas Durham and Research Triangle Park
2) Charlotte
3) Piedmont Triad - Greensboro, Winston-Salem, High Point.
Lots of value and opportunity in starter homes 90k - $250 price point.
Post: Very long distance investing

- Flipper/Rehabber
- Greensboro, NC
- Posts 16
- Votes 5
@Scott Bell I can be a resource in Greensboro. I live and invest in Greensboro.
Post: Beach Condominium Flips

- Flipper/Rehabber
- Greensboro, NC
- Posts 16
- Votes 5
@Karl McGarvey
Interesting niche, where location wise?
Post: Virtual Greensboro DealSession - Marketplace for wholesale deals!

- Flipper/Rehabber
- Greensboro, NC
- Posts 16
- Votes 5
Post: Multifamily Investing in Greensboro

- Flipper/Rehabber
- Greensboro, NC
- Posts 16
- Votes 5
@Noa Lawton I source deals in the area your interested in. I can be a resource.
Post: Virtual Greensboro DealSession - Marketplace for wholesale deals!

- Flipper/Rehabber
- Greensboro, NC
- Posts 16
- Votes 5
@Munish Bhargav. Are you still looking for properties in Greensboro, NC?
Post: How much is "enough" reserve for vacancies?

- Flipper/Rehabber
- Greensboro, NC
- Posts 16
- Votes 5
@Matt R.
Vacancy is not always because your having a tough time finding tenants willing to pay market rent. There are a variety of unforeseen reasons you could be forced to carry your property and not have tenants and cash flow.
As such, I dont think you can have enough reserves...
I would continue to accrue the vacancy reserves in a safe place until you execute your exit strategy. I personally wouldn't be comfortable with less than the equivalent of a full years net cash flow as a reserve before I changed my accruals. Natural disaster, property damage remediation are two that can leave you in a serious pinch.
Kwame
Post: Starting out in SoCal: Riverside

- Flipper/Rehabber
- Greensboro, NC
- Posts 16
- Votes 5
@Evan Snyder that's the least I can do. What's your email?