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Updated about 8 years ago,
Winston-Salem - need help from community
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.