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Updated almost 10 years ago,

User Stats

34
Posts
13
Votes
Paulus Anglada
  • Investor
  • Mc Connells, SC
13
Votes |
34
Posts

Turn-Key properties in SC and NC

Paulus Anglada
  • Investor
  • Mc Connells, SC
Posted

So I've been looking for turn-key (or near turn-key) properties in a 30 minutes radius from where I live (Rock Hill, Fort Mill, SC area) and I haven't found anything lately. I'm starting to look at properties in a 1 hour radius (which includes Columbia, SC and Charlotte, NC), with the condition of finding a good PM, instead of self-managing them (as I currently do with my 2 rentals), but I'm still having a hard time finding good 12% cap rate deals.
So what do you think would be a good source for turn-key (out of MLS) deals? Try to contact general contractors? Wholesalers? I've been even playing with the idea of buying a couple of lots and building some SFH in my area. I know attending REIA meetings might help, but it's hard to find time to do that when you have a full-time job, a family and do a lot of free-lance work at night. :)