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All Forum Posts by: Rich Banks

Rich Banks has started 1 posts and replied 6 times.

Post: North Carolina Triplex Creative Funding?

Rich BanksPosted
  • Rental Property Investor
  • Silver Spring, MD
  • Posts 6
  • Votes 3

Sorry I don't have an answer, but I will be following this discussion for any suggestions. 

Good luck, also!

Post: These Are The Places Where Investors Are Buying

Rich BanksPosted
  • Rental Property Investor
  • Silver Spring, MD
  • Posts 6
  • Votes 3

@Kody Bybee. @Kody Bybee thank you for sharing. Great list. Keep us posted on your updates. The data scientist in me is pretty excited to see what you come up with.

Post: Does anyone ever lose motivation?

Rich BanksPosted
  • Rental Property Investor
  • Silver Spring, MD
  • Posts 6
  • Votes 3

Surround yourself with positive people. Keep your spirits up. As long as you can see in your heart that you're doing what's best for you , then all the other nonsense is just noise.

Post: Long-term Landlord Loans, Short-term Purchase-Rehab Loans

Rich BanksPosted
  • Rental Property Investor
  • Silver Spring, MD
  • Posts 6
  • Votes 3

Thank you for sharing this. I will keep this in mind.

Post: BRRRR Investing in Roanoke

Rich BanksPosted
  • Rental Property Investor
  • Silver Spring, MD
  • Posts 6
  • Votes 3

This was great to read! Nice deal! 

I'm in the Washington Metro Area and Roanoke, Va. was one of the places I have looked at to invest out-of-state. I have family there and the prices looked great. Your financing strategy was also something I have looked into trying for myself. 

Thanks for the post and good luck in the future!

Rich

Post: New guy from Maryland

Rich BanksPosted
  • Rental Property Investor
  • Silver Spring, MD
  • Posts 6
  • Votes 3

Hello all ,

Just a quick intro... born and raised in the Washington Metro area. Silver Spring is my home. I’m a complete newbie but I would love to get more “dialed-in” to the real estate investing community. I’m looking to invest in condos and or townhomes in the near future. I plan on being a long distance investor. Cities like Fayetteville NC and Columbia SC have caught my eye. I’ve looked locally also ( PG county MD and other parts of MD) but nothing has jumped out at me yet. Maybe I should look harder. Ha.

Full disclosure : I’m a geographer(GIS specialist) 40ish hours/week, so you can say that I tend to think about location , location , location.

Thank you guys !