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Updated almost 9 years ago,

Account Closed
  • Wholesaler
  • San Diego, ca
12
Votes |
48
Posts

Charlotte NC - Buy and Hold Markets

Account Closed
  • Wholesaler
  • San Diego, ca
Posted

BP's from NC:

I'm interested in the Charlotte NC market and wanted to get some feedback on the local neighborhoods. Looking for low entry point ($50-80k) properties where I can add value and have stable renters ($900-1100 per mo) in a B/C neighborhood to buy and hold SF and MF units.

Neighborhoods of interest include: 

Uptown (may be out of my price entry point)

Wesley Heights 

Wilmore 

Oaklawn 

Toddville Road 

Would like feedback from others who are from the area - what are you seeing in the markets? Stability of rental market, vacancy rates, good PM's that you would recommend, potential for appreciation, etc. Any other neighborhoods that may be interesting that I should be looking into?

Have done the rentometer, city data, zillow, craigslist type research but wanted to get real life investor, RE broker, wholesaler feedback.

Thanks!

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