All Forum Posts by: Bob May

@Lisa Gass Welcome to BP! I am an investor based in Florence and active throughout the Midlands. Connect up and let's shake SC up!

@Nelzon Ruiz Welcome to BP and the business. I am in the Florence area.... Connect up!

Hi Cynthia.... Welcome to BP! I am also an investor located in the Florence area. You will find BP a big help in getting yourself grounded in the business. Keep in touch and lets see how we can make it happen

Hey @Mark Lynn ... Welcome to BP!

You will find a lot of great info here on the site as I'm sure you are finding out. I am a Realtor and active investor over in the Florence SC area and other locations. Let me know if I can help you out in any way.

Hey @Jon Gable .... Welcome to BP!

Search around the site.... lots of great information for you. I'm a Realtor and active investor in SC. Let me know if I can be of any help to you.

Not meaning to quash your thought on getting licensed, but I think you would be better off just taking action and aligning yourself with a good realtor resource for MLS access and their insights. I am a Realtor in upper SC and have seen many instances of people getting licensed and thinking its going to be instant success for themselves. It's a tough business and it comes with high cost of entry.

Buy and hold decisions are made primarily with passive income in mind and overall ROI of the monthly rental income. While asset appreciation is a factor, it is a minor one in my decision making and I treat it purely as "gravy". I will echo some of the previous posters and suggest you are thinking way too much.... Just take some action.

I am looking for a real estate closing attorney who is not adverse to doing double closings in South Carolina. Does anyone know any you would recommend? Would be very much appreciated!

Hey Jim.... I'm in the Florence area as well - maybe we'll run into one another. As to your property analysis, I set a goal of at least 10+% (ideally 12+) cap rate for a deal to make sense to me. You need income to recoup at a faster rate than what your numbers are showing. I don't know what part of Florence you are looking at, so can't comment about the rent potential.

Welcome @Troy Brown ! I'm in the Florence SC area so we're kinda like neighbors. You're well on your way to a great future and I wish you the best of success. Stay in touch.

Hey there @Brandy Y. and all ya'lls! We're here also in the Florence SC area. I am a Realtor covering the Pee Dee area. My wife and I are just beginning to build our "empire" by flipping and holding when it makes sense.

@Chris Calabrese I would be interested in talking with you about your neck of the woods. Hopefully we can arrange that at some point.

Stay in touch everyone.... SC rocks!