looking to invest in the wilmington, nc and myrtle beach, sc area

[Ryan Irving]

My family has been in the rental business for 25+ years.  however they created all of their rental properties.

I am looking to strike out on my own and invest in properties in the vicinity of these 2 areas.  

I am currently looking for properties inbetween the 30k-100k area.

I would greatly appreciate adivce on where specifically i should be looking to invest near these areas.  

Thanks,

Ryan

[Teddy Smith]

Under 100K is going to be a hard swing, OP.

But Belmont and Sunset Park are some good blue collar areas to work to invest in where there is the possibility of finding good houses in that price range. You may have to search off market though.

Be careful about investing in downtown in that price range not unless you go into the with the mindset of being a slum lord. You could go the condo investing route, but I typically advise not to unless you stay around ~120K.

Overall, if you upped the price a bit above 120K you'll have alot more to work with, but under 100K is possible with time, patience, and perseverance.