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Updated almost 8 years ago on . Most recent reply

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34
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Darius Howell
  • Shelby, NC
5
Votes |
34
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Hot markets in Charlotte

Darius Howell
  • Shelby, NC
Posted
Does anyone have any advice in wholesaling for which parts of Charlotte is hot right now to look for motivated sellers or areas that are getting flipped?

Most Popular Reply

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274
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172
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Curtis Waters
  • Rental Property Investor
  • Charlotte, NC
172
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274
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Curtis Waters
  • Rental Property Investor
  • Charlotte, NC
Replied

Most anything purchased correctly inside the I-485 loop has potential. There are hot fix & flip areas (Belmont, Severville, Biddleville, Wesley Heights, Villa Heights, etc) but the competition for these areas can result in some tight margins.   Most anything purchased correctly inside the I-485 loop has potential.  There are some great markets to find fix & flip for rental as well.

As a wholesaler you or your team should have a good pulse on the neighborhood comps, marketing & negotiating skills, and knowledge of rehab costs in order to be successful in acquiring and assigning contracts.

Finding motivated sellers - they are on Craigslist, MLS, plus you can locate owners of abandoned & vacant properties.

  • Curtis Waters

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