Investing in Charlotte Area

[Geetha R.]

Hi Everyone,

Glad to be part of the bigger pockets community!! My husband and I have been investing in the Charlotte area for the past 5 years. We are investing using the BRRR strategy and own a bunch of rentals. We are looking to network with other investors, wholesalers and lenders in that area.

Currently many of our rentals are clustered in Gastonia. We are looking to invest in affordable A areas outside of Charlotte, like Mooresville, Concord, Cornelius, Kannapolis, Belmont, Harrisburg,...based on our online research. Please let us know if you think of any other upcoming areas, which are still affordable (Able to buy a house with good equity under 150K).
Till now, we have been investing in single family/duplex rentals. We are looking to expand beyond that, to obtain buy land/house with 2+ acres of land which can be subdivided and built houses on. Please let us know if any of you have experience with this kind of model.

Thank you for your time! 

[Shaun Kelly]

Hi Geetha! There will be a large learning curve from jumping to already built houses to new construction and subdividing lots. Sounds like a great niche that most people would avoid, leaving a great opportunity for you to master. First and foremost, get a great realtor that knows how to pull deeds and find the information for particular lots. Those are hard to come by, but I'm sure asking that in the forums here or using the network tab could help.