Real estate business investment

[Vida Lolitaa]

Hi, 

I am looking to buy or build a small home with a business below, in the most cost efficient way. I was thinking using shipping containers or someone mentioned modular homes. I would like to know what are the best options and if it is possible to do for around 300,000 or less.

I am trying to see the best locations to do so in Atlanta, South Carolina, or North Carolina. 

If anyone can advice me on tips on investing and maybe locations that are good for business i would be highly appreciative. 

Thank you

[Jackson Ebersole]

Hi Vida,

Based on your goals and budget, here are some suggestions for building a small home with a business space in the Atlanta, South Carolina, or North Carolina areas:

Building options:

1. Modular homes: These can be a cost-effective option, allowing for faster construction and potentially lower costs compared to traditional building. They offer flexibility in design and can be customized to include a business space.
2. Shipping container homes: While trendy, these can be challenging for mixed-use (residential/commercial) purposes due to zoning and building code issues in many areas. They may work better in more rural locations.
3. Prefab/kit homes: Similar to modular, these offer cost savings and faster construction times. Look for manufacturers that can customize designs to include commercial space.
4. Pole barn homes: Popular in rural areas, these can be an affordable option for a combined home/business structure.

Location considerations:

1. Zoning: Look for areas zoned for mixed-use or that allow home-based businesses. This may be easier to find in smaller towns or rural areas.
2. Growth potential: Research areas with growing populations or emerging business districts.
3. Tax incentives: Some localities offer incentives for small businesses or specific industries.
4. Infrastructure: Ensure reliable internet and necessary utilities for your business.

Potential locations to explore:

1. Atlanta suburbs: Consider areas like Decatur, Marietta, or Lawrenceville for a balance of affordability and proximity to the city.
2. South Carolina: Look into growing areas like Greenville, Rock Hill, or smaller towns in the Upstate region.
3. North Carolina: The Research Triangle area (Raleigh-Durham-Chapel Hill) offers opportunities, as do smaller cities like Asheville or Wilmington.

Remember to thoroughly research local building codes, zoning laws, and business regulations in any area you're considering. Your $300,000 budget is workable in many areas, especially if you're open to more rural or suburban locations. However, costs can vary significantly depending on the specific location and type of construction, so be prepared to be flexible with your plans.

Let me know if you have any further questions. Regards,

Jackson.