Market Dems. Med. Incomes and the Fringes of Hell South Carolina

[Chris Armstrong]

Greetings again BP,

So I have adjusted my target market from Charleston SC to another area in the state. I want to buy a multifamily property or a SFH that will be a good buy and hold property for a few years. Its also recommended not to buy a house in anticipation of appreciation of the value, but rather to buy one that cash flows. That said, I believe there is a nice little mix of the two where you can have your cake ( cash flow) and eat it (appreciation). I began looking at the demographic of this certain area and I was hoping that some of you all might share some successes or little tips about what trends or income values to look for. What I am finding right now is nice units that are located in primarily low income areas dominated by certain demographics. I guess my real question here is what matters more, the demographics or the median income value of the areas i am looking for?

I dont want to buy a nice home that is located on the fringes of hell and I think that those two factors can hell to determine that. However, living in Charleston I have seen a renaissance/ revitalization of certain areas that might have once been considered hell. Second question would be what sort of things can you look at besides the demographics and income and google street view to make a better decision. 

Thanks again 

[Chris Armstrong]

Christopher Bunge Bianca Cooper I would love to talk with you about that market place and learn what parts of the city are transitional because if the properties will grow I'm all about it but they have to cash flow. Please message me with contact info and let's have a discussion or perhaps lunch when the wife and I drive up to that area.

I did have an agent up there ( no contract) but she is unresponsive to questions so I don't think it's gonna work. Let's talk