David Sattelmeyer Century 21 The Realty Group
States: North Carolina
Counties: Cumberland, Hoke, Harnett
Cities and Towns: Fayetteville, Fort Bragg, Hope Mills, Parkton, Eastover, Raeford, Spring Lake, Sanford, Wade, Cameron, Stedman, and Bunnlevel
Licensed Since: 2009 | NC License # 265314
About David Sattelmeyer
My name is David Sattelmeyer from Century 21 Liberty, and I have been investing in real estate since 2005 in this area. I first started by buying homes to rent out and then later started doing flips. I have been showing investors how to invest for about ten years now since obtaining my real estate license. My passion and my niche in real estate is working for investors. I enjoy seeing them reach their goals and grow their wealth. It’s pretty exciting to be a part of investors leaving their normal jobs after investing for years to invest full time with me. I will work with both seasoned and new investors and am value added on every transaction. I am very excited to represent the greater Fayetteville/Fort Bragg area of NC for OTL!
Market Overview
The Fayetteville and Fort Brag area is an outstanding location to invest in real estate. It attracts investors from all over the world in my experience due to the cheap price of real estate and stable community anchored by our military. The future looks bright for this growing area, and I would strongly recommend you start investing here too.
Investment Price Points
For rentals here, you can expect $200 to $400 a month for positive cash flow generally speaking. Usually you can buy foreclosures for 60-100K and spend 5-10K on remodeling it to be rent ready. For flips you can expect to pay 50-100K, remodel for about 30K and make a double digit return on the money risked (often 15-20K).
Free Report: Demographic and Housing Data on the Fayetteville/Fort Bragg Market
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