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Updated over 3 years ago,
New Investor - Greensboro, NC
Hello everyone!
I live in Greensboro, NC and am looking to invest in real estate. My first one! I have a decent amount of cash on hand ($30K) as well as stock investments I can tap into. I've been analyzing properties on the MLS and haven't found anything with great cash-flow or CoC return. It seems rent in this area is $4-500 below the national average. I know Raleigh is a hot-spot and would be interested in opportunities there as well - very open but my friend up north has had great success with college rentals. Doing a little digging however it seems like that area may be a little tough to get into as my first investment. Some other areas around me are Winston-Salem and High-Point (a lot of colleges locally too).
If I've learned anything from podcasts it's more just getting the first one under my belt (whatever the property type), learning, and doing it again. I would appreciate any feedback, help, or insight and would love to network with anyone on the forums that is willing to help out a new guy! Thanks!