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 reWEALTHmag.com