Calling All Investors: Let's Talk Outer Banks Real Estate Opportunities!

[Hunter Nutter]

Hey there, fellow investors and Outer Banks enthusiasts!

I'm thrilled to invite you all to participate in a vibrant and non-formal dialogue on the exciting world of Outer Banks real estate, specifically focusing on the quality of vacation home rental properties. Let's come together to raise awareness, share insights, and uncover those hidden gems that make this market so unique.

Are you an investor with success stories in the Outer Banks vacation rental industry? Or maybe you're a seasoned vacationer who has stumbled upon some truly remarkable rental properties during your visits? Your experiences, opinions, and recommendations are invaluable!

Here, we encourage an open exchange of ideas, experiences, and questions related to investing in vacation rental properties in the Outer Banks. Whether you're a beginner seeking guidance or a seasoned pro willing to share your wisdom, this is the perfect platform to engage with like-minded individuals.

Let's discuss what sets the Outer Banks apart as a premier vacation destination, the key factors that contribute to the quality of vacation home rentals, and how to identify those hidden gems that deliver exceptional guest experiences and solid returns on investment.

I encourage you to share your personal stories, property recommendations, management tips, and anything else that can help raise awareness of the outstanding vacation rental opportunities in the Outer Banks. Together, let's showcase the true potential and allure of this captivating coastal region.

So, if you're passionate about Outer Banks real estate and vacation rentals, join in the conversation below and let your voice be heard. This is a community-driven discussion where everyone's input is valued and appreciated.

Looking forward to hearing your stories, insights, and connecting with fellow investors and enthusiasts!

Let's make the Outer Banks vacation home rental market shine!

-Hunter

#OuterBanksInvesting #VacationRentalProperties #HiddenGems #CommunityDialogue #InvestmentOpportunities

[Hunter Nutter]

As a General Contractor working in the beautiful OBX, I've noticed an interesting trend - there seems to be limited opportunities for value-add fix and flip style investing in this market... 

I wanted to open up a discussion to gather insights from fellow investors and enthusiasts to understand the factors contributing to this phenomenon.

[V.G Jason]

Really nice area but too much flood risk for investing area, at least for me.

[Hunter Nutter]

Quote from @V.G Jason:

Really nice area but too much flood risk for investing area, at least for me.

 Thanks for contributing v.g Jason yea potential for natural disasters (Hurricanes) is pretty bad in coastal southeast. Here in the outer banks flood insurance is a added expense that's not necessarily worth not having.

but with that said there are houses here that have never seen flood water that are 50 years or more old. Important to consult with some local knowledge before you choose a area because it really depends on specific location. Lets hear more thoughts from community!

[V.G Jason]

Quote from @Hunter Nutter:

Quote from @V.G Jason:

Really nice area but too much flood risk for investing area, at least for me.

 Thanks for contributing v.g Jason yea potential for natural disasters (Hurricanes) is pretty bad in coastal southeast. Here in the outer banks flood insurance is a added expense that's not necessarily worth not having.

but with that said there are houses here that have never seen flood water that are 50 years or more old. Important to consult with some local knowledge before you choose a area because it really depends on specific location. Lets hear more thoughts from community!

Yeah any mortgage will still require it and historical use of flood gauge,  doesn't really mean anything for the future. Tons of have cities have new flood zones being applied or have been, and will be. Love the area, among most favorite just not investment quality. 

[Hunter Nutter]

Quote from @V.G Jason:

Quote from @Hunter Nutter:

Quote from @V.G Jason:

Really nice area but too much flood risk for investing area, at least for me.

 Thanks for contributing v.g Jason yea potential for natural disasters (Hurricanes) is pretty bad in coastal southeast. Here in the outer banks flood insurance is a added expense that's not necessarily worth not having.

but with that said there are houses here that have never seen flood water that are 50 years or more old. Important to consult with some local knowledge before you choose a area because it really depends on specific location. Lets hear more thoughts from community!

Yeah any mortgage will still require it and historical use of flood gauge,  doesn't really mean anything for the future. Tons of have cities have new flood zones being applied or have been, and will be. Love the area, among most favorite just not investment quality. 

 Awesome thanks for your thoughts v.g. my flood insurance costs range from $700-$3000 annually depending on value of property just for any potential investors reference. Lets here more from you investors out there!

[V.G Jason]

Quote from @Hunter Nutter:

Quote from @V.G Jason:

Quote from @Hunter Nutter:

Quote from @V.G Jason:

Really nice area but too much flood risk for investing area, at least for me.

 Thanks for contributing v.g Jason yea potential for natural disasters (Hurricanes) is pretty bad in coastal southeast. Here in the outer banks flood insurance is a added expense that's not necessarily worth not having.

but with that said there are houses here that have never seen flood water that are 50 years or more old. Important to consult with some local knowledge before you choose a area because it really depends on specific location. Lets hear more thoughts from community!

Yeah any mortgage will still require it and historical use of flood gauge,  doesn't really mean anything for the future. Tons of have cities have new flood zones being applied or have been, and will be. Love the area, among most favorite just not investment quality. 

 Awesome thanks for your thoughts v.g. my flood insurance costs range from $700-$3000 annually depending on value of property just for any potential investors reference. Lets here more from you investors out there!

 It's not the cost of the insurance that's the determent. As someone who was going to put in $5-$7million in the area, it's the risk of allocating capital with natural disasters. Insurance is a necessity, investing there isn't. No one, even the most pro risk people, will put too much capital the underlying risks as an "investment". 

2021-2022 are outliers for this, I'm talking in large(r) sample sizes. 

[Hunter Nutter]

anyone out there willing to offer a counterpoint? 

[Hai Le]

I am new to coastal investment. I just bought an oceanfront home in Corolla, NC, and will renovate it for STR. Definitely having a lot of butterflies like my first few investments, but I wanted a WOW property and the numbers seems to work. The home has been built for 30years and the sandune has been increasing in size (the beach walkway had to be redone due to the old one is under 4' of sand). So maybe in a few years i can give an update.

[John Mausteller]

Quote from @Hai Le:

I am new to coastal investment. I just bought an oceanfront home in Corolla, NC, and will renovate it for STR. Definitely having a lot of butterflies like my first few investments, but I wanted a WOW property and the numbers seems to work. The home has been built for 30years and the sandune has been increasing in size (the beach walkway had to be redone due to the old one is under 4' of sand). So maybe in a few years i can give an update.

I think I know the exact house you bought.  That was a good one!

[Hai Le]

Thanks John! Definitely exciting to do something new again. But I have to restart making connections for all the trades I have been blessed to work with in NJ.

[Hunter Nutter]

Congratulations Hai Le what are your biggest concerns with Outer Banks Home investing?