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Updated about 5 years ago on . Most recent reply

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14
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3
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Jake Morin
3
Votes |
14
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Currently searching for multi-family or SFR in Southern Pines NC

Jake Morin
Posted

Good Evening BP, 

I'm scheduled to be moving to Ft Bragg in the next 2-3 months and am currently trying to gauge the investment market in the Southern Pines/Pinehurst NC area. It looks like there is a booming short-term rental market and I am considering purchasing a multi-family unit using my VA loan, living in one of the units, and renting the other unit out on Airbnb. Through some internet searches it appears that the city governments of Southern Pines/Pinehurst are trying to slow the short term rental market in the area. It also looks like there is a very solid job market in the area between a few manufacturing companies, the hospital, and the tourism professions. Anyone have any thoughts on this plan or on investing in Southern Pines in general?

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