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Updated about 8 years ago,

User Stats

8
Posts
2
Votes
Marla B.
  • Wholesaler
  • Tulsa, OK
2
Votes |
8
Posts

Winston-Salem - need help from community

Marla B.
  • Wholesaler
  • Tulsa, OK
Posted

My oldest is heading to Winston-Salem for at least a 2 year stint working at Wake Forest and, as a good investor parent, naturally want to buy an investment property for her to live in while there.

I know nothing of the market there and need help in making this purchase.

Only known requirements at this time...

  • Safety of course is dad's #1
  • would like to make purchase by mid-late summer 2017.
  • close or convenient to Wake Forest
  • 2 bed at least / 2 bath (would likely have a rent paying tenant in the property as well)
  • Easily rentable for when my child leaves in two years
  • Not so concerned about equity appreciation

Any help is appreciated, what areas to look in, what kind of returns to expect (cap rates, ROI, etc), a good wholesaler/broker/realtor to help in the search...just the normal investor information we need to know.

Thanks in advance.

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