Realty411 Magazine Feautring Memphis Invest | Seite 27
Market Spotlight: Rock Hill, SC
LOCATIONS:
Rock Hill, South Carolina
Charlotte, North Carolina
Atlanta, Georgia
COMPANY:
Carolina Liquidator
CONTACT:
Kevin & Alex
ph: (803) 325-1925
CarolinaLiquidator.com
as much a part of the team as anyone else
involved. It is kind of shocking to some
of the investors when they come out to
visit our office because we have so much
community support, we have churches and
community leaders that work with us to
help keep the areas clean and safe.
Question: What kind of opportunities
are you seeing in your market?
Answer: We currently have a 67 house
package that we are working on. It is not
only a great opportunity for us but for in-
vestors who are interested in this package.
About half of the homes are currently rent-
ed and we should be able to place tenants
in the other homes very easily.
This is a once in a life time deal for our
company, to buy so many of these homes,
rehab them, and get tenants in them. It is a
big challenge for our company, but we have
a great team, and we are up for the chal-
lenge. This is just one of the projects that
we have currently going, we have many
smaller deals also, many in the $30,000
dollar range.
Q: How is your market handling the eco-
nomic slump?
A: Being based in the Charlotte, NC area,
we haven’t felt the effects quiet as heav-
ily as other cities, but we have noticed an
increase in the number of tenants interested
in our rent to own program. More people in
the area are looking to rent but still have a
desire to own their own home. With a rent-
to-own program, we are able to place good
tenants in these homes who will pay each
month because they want to own the home.
This is real simple, the properties values
are down and the rents are staying the same
or even going higher than previous years in
some occasions. Just to give you an idea,
we have several homes available in the mid
$30,000s that are net cash flowing over
$400 a month with cash purchases.
Q: What is the best part of being an in-
vestor in your city?
A: We handle everything for the investor;
it is a total turnkey process for the passive
investor. We take care of our tenants just
as well as we take care of our investors.
After all, these are the people who are put-
ting money into your retirement. They are
Realty411Guide.com
Q: Why should investors buy rentals in
your area?
A: Investors should buy rentals in our area
because we have good, hard working peo-
ple living in our homes. People who rent
is figure out what you are looking for and
what your goals are and we put scenarios
together that will help you achieve those
goals. We have a great team that works
daily on achieving the goals of our inves-
tors. Our team includes our research spe-
cialist, Emily Harris; property manager/
office manager, Cherry Stegall; and gen-
eral contractor, Bennett James. These three
work to keep the daily operations of our of-
fice moving so that we can continue to find
deals for our investors.
Q: How long have you personally been
Alex Franks and Kevin Burrell
our homes are mostly blue collar workers
who make a living by working anywhere
from retail stores to our local industrial
plants.
For a very small investment, you can
turn a very good income. Literally for what
you could buy a car for, you can buy real
estate in our markets with a net cash flow
of more than $400 a month. Just about ev-
ery home we have is under $50,000, with
the majority being in the $30,000 range.
Q: What makes your company unique?
A: We don’t just sell real estate to people,
we create portfolios, we are currently in
the Charlotte, NC, Rock Hill, SC, and the
Atlanta GA, areas and we are still expand-
ing into the florida market. What we do
PAGE 27 • 2011
investing in real estate?
A: Alex Franks started his real estate in-
vesting in 1999 as a way to generate pas-
sive income and long-term wealth. Starting
out wholesaling deals is something he con-
tinues to actively pursue today. By 2006,
he made the leap from wholesaler to a full-
time real estate investor.
Kevin Burrell has 18 years experience in
Real estate and 15 years in the mortgage
lending business, after he bought his first
house in 1994, Kevin was hooked on real
estate investing.
In 2008, Alex and Kevin joined forces to
create Carolina Liquidator, LLC. They both
specialize in being able to quickly analyze
Continued on pg. 31
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