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Updated over 9 years ago,
Charlotte, NC area investors - what was your first property?
Calling all Charlotte Area investors!! I am curious as to what you first property was that you purchased in this area. I have lived down here for a little over a year, and the market is much different from where I lived in Upstate, NY.
If you have time, I would like to know a few things:
- What was your first property type and what was your strategy for it (Buy and hold, flip, etc)
- When did you buy that first property? Obviously, a lot has changed in Charlotte in recent years.
- If you were to do it again, what would you do differently (if anything at all)?
I am curious of these questions because my initial strategy was to find a 2-4 unit property and house hack (I just learned this term a few days ago...but that is what I had wanted to do!). However, it seems as if the inventory of 2-4 units is quite small compared to where I moved from (Binghamton, NY). So now I also am considering starting with a SFR with a live in and rehab strategy.
Thank you are for any answers you give, and I appreciate your time!
-Matt