All Forum Posts by: Robert Fiorillo
Robert Fiorillo has started 3 posts and replied 17 times.
Post: Where to buy Multi-family properties - 4 units and under

- Smithfield, NC
- Posts 30
- Votes 22
Loopnet or search your favorite MLS site and select multi or apartments. You can try auction.com as well, but it is just foreclosures.
Post: Invest in Fayetteville, NC

- Smithfield, NC
- Posts 30
- Votes 22
I've mostly focused on Raleigh and the Triangle area so far, I have capital ready to go but cost there have soared lately, I'd have to go almost all in on one property. I've been looking at Spring Lake/Fayettnam as of late, I would like to do Multi's, but the only inventory on loopnet is moldy hurricane damage.
I don't know the area overly well as I work on Pope and go through Spring Lake. Most of what I've seen for Fayetteville is C class at best. I'll probably start going out of my way to drive it after I get back from TDY in Feb
Post: Interesting Tenant Proposal

- Smithfield, NC
- Posts 30
- Votes 22
I've seen this twice, once as the person living in the apt and the other when my Dad rented his duplex out to construction workers.
GM often will rent blocks of homes/multi's out for workers or interns, often using small/unknown companies so LL or PM don't jack up the prince knowing it is GM. We were college students and took care of the place.
The duplex took a bit of a beating but the workers fixed almost everything when the lease was up without prompting. What they didn't was covered by the security deposit. Overall it was a good experience, even got the pavilion out back turned into a barn for free.
Post: Class A, B or C tenants

- Smithfield, NC
- Posts 30
- Votes 22
Thanks for the link, I have been wondering about the general 'classes' as well. It's used a lot, but even in the podcasts where they break almost all the terms down they haven't touched on that one.
Post: Forum stalker finally speaks. Buy and hold NC

- Smithfield, NC
- Posts 30
- Votes 22
Thank you for the invite. I'll be out of town almost all of January. But would love to attend when I'm here. I'm Active Duty Air Force, it keeps me away far too often.
Post: Fayetteville Area Investor/Agent

- Smithfield, NC
- Posts 30
- Votes 22
Ditto on the nice to see local. I'm AD AF on the Pope side of things but live up near Raleigh. Turning my current house into a SFR when I PCS. Looking to buy a few around Raleigh and Bragg.
Post: Forum stalker finally speaks. Buy and hold NC

- Smithfield, NC
- Posts 30
- Votes 22
Been listening to the podcasts after a friend was featured (#183) and then started to stalk the forums.
I've amassed a fair amount of cash and have been investing in random areas, mostly peer to peer, but always wanted to be in real estate. Looking to gain knowledge and confidence to buy rentals in the Raleigh area. Looking to get into SFR and small multi's while working full time.