2bd 1bth market in Greensboro NC

[Garratt Brannock]

Hey everyone, just reaching out to see if any one has had success in the Triad area specifically targeting 2bd, 1 or 2bth room LTR's. These seem to be more in my current price range and just wanted to see what else there is to learn for this type of LTR.

Thanks in advance

-Garratt

[Robert Phillips]

Garratt - There's a strong rental market for 2/1s (def 2/2s) in the area. The overall rental market has softened the last couple months. It will be interesting to see what happens this Spring. -- Rob

[Elizabeth Livingston]

We own (2) 2Bds 1 bath in the Greensboro area and have always had a strong market for LTR with our rentals. We moved one LTR rental to a midterm rental for traveling nurses in the area and we have been successful finding tenants for that strategy as well.

Elizabeth

[Jayme Currie]

Garratt,

I have 2 2/1 LTRs in Greensboro and have not had any issues filling vacancies with well qualified tenants! Happy to share more on numbers/details — just shoot me a message!

[Garratt Brannock]

Thank you all for responding. I am happy to see other investors having success with 2bd/1bt in this area. Most of my experience is with flipping near the UNCG area. I am trying to find good area's for 2bd/1bt since this is the area I only really know. 

[Clark Michael]

This is our primary focus. They have a great ROI. The only down side is these could potentially be stepping stone houses for people looking to eventually get a larger 3 bed 2 bath home. Just screen you tenants to find the best ones that you feel will be longer term and not looking to upgrade in 6 months to a year.