All Forum Posts by: Parker Stiles
Parker Stiles has started 69 posts and replied 217 times.
Post: It's time!!!!!! We are investors!
- Flipper/Rehabber
- Acworth, GA
- Posts 246
- Votes 92
Start going to ALL the local meet ups within 45 min drive of you. Meet wholesalers. Find the ones that are marketing but are not super experienced. They are a good bet for these props you speak of. The more experienced ones will want a fast close, usually all cash, and non-refundable earnest money.
Post: Charleston Investors & Buyers
- Flipper/Rehabber
- Acworth, GA
- Posts 246
- Votes 92
I wholesale in CHS. Tough market. Deals are there though.
Post: North Atlanta (OTP) SFH rental properties
- Flipper/Rehabber
- Acworth, GA
- Posts 246
- Votes 92
FYI, in this market, to find a deal like this you might have to market yourself (direct mail, online, bandit signs, etc) or buy from a small wholesaler or bird dog.
My rental criteria is: Gross yearly rent X 60%. That equals net rent if you buy property all cash and don’t have payment. Yearly net rent / 12% cash on cash return. That equals the amount I’m willing to pay ALL IN (purchase + repairs + closing costs) to get it renting at the above numbers.
Post: Active Charleston Real Estate Investor Meeting 3/23
- Flipper/Rehabber
- Acworth, GA
- Posts 246
- Votes 92
Nice Danny!
Post: Off-Market Commercial Property in North Charleston!
- Flipper/Rehabber
- Acworth, GA
- Posts 246
- Votes 92
| 4135 Rivers Ave. North Charleston, SC 29405 We normally stick to Residential, but we have some hungry Commercial investors out there! This is one of the largest lots on Rivers, & has multiple exit strategies. There are two sections, and 1 is currently set up for a beauty salon, but the business owner is prepared to leave upon notice! It's renting for $1,200/mo. Another option is a complete demo of the structure and come back with new construction. Cash Price: $250K Property Details: Zoning: General Commercial Rooms: 5 Total Bldg. SqFt: 2,000 Lot Size: .62 Acre Status: Partially Occupied Send Questions & Offers to Parker at [email protected] |
Post: Meet and Greet Tonight
- Flipper/Rehabber
- Acworth, GA
- Posts 246
- Votes 92
@Justine Purvis there is a great one that @Troy Gandee puts on. Make sure to check out the FB page if your an active investor in the CHS area.
Post: Looking for Agent in Charleston SC
- Flipper/Rehabber
- Acworth, GA
- Posts 246
- Votes 92
Messaged you @David Smith
Post: Multifamily Agent in Atlanta Area
- Flipper/Rehabber
- Acworth, GA
- Posts 246
- Votes 92
@Aaron Shuman my company is finishing up a renovation on a quad we bought back in early 2017. It's 80% new and very well done. 6696 Mableton Parkway in Mableton Ga. Price will be 290-350K. (4) 2/1's.
Post: 38% Below Market Value. 28% Returns In Bristol N'hood in Marietta
- Flipper/Rehabber
- Acworth, GA
- Posts 246
- Votes 92
Looks like you've been crushing it lately man. Good stuff. All these direct mail leads? Or something else?
Post: Newbie in ATL: Wondering about Fortune Builders
- Flipper/Rehabber
- Acworth, GA
- Posts 246
- Votes 92
What @Denny Faircloth said... Kudos..
@Jamie Foster, get specific about what YOU want to do and what YOUR goals are. Then find a cheaper alternative (even free) that is specific to that niche of REI. The space is huge and you have to hammer down so you don't get analysis paralysis. If you need a kick in the ***, get an accountability partner that invests in your market and pay a fraction of the costs. Then get your edu from a cheaper course, or perhaps the thousands of books and podcasts out there for free. BP is great too.
If I gave one piece of advice, it would be the advice I got when I started. Learn step 1, DO step 1.. Learn step 2, DO step 2, and so on. Don't try to learn it all, or even half of it, before you start taking action. This stuff takes a while to build on itself and compound. So just get started small and keep learning as you go. FYI I'm also in Marietta if you want any local advice property wise.