Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 month ago on . Most recent reply

User Stats

2
Posts
1
Votes
Lisa Hart
1
Votes |
2
Posts

New to Asheville, looking at duplexes for next investment.

Lisa Hart
Posted

I moved to the Asheville are in August and bought my primary home in Weaverville. It is a ranch with a beautiful sunroom addition on an acre of land. My partner is a carpenter (and real estate photographer), he has already made the place so much nicer! Goodbye popcorn ceilings, hello fresh paint, smart lighting, new cabinets, doors and windows!

I had a 1031 exchange from my previous marriage, and used that money to buy a brand new single-family property in Swannanoa which I am using as rental income. Some of the land was washed away in Helene, but the structure was not damaged. Had to invest an extra 7K to fix that, which has now been paid back by the rental income. Hoping there won't be any new unforeseen expenses for a while, but I will be doing some landscaping and looking for advice on plants that will secure the soil from future erosion.

I am now looking for a fixer-upper Duplex, using the stacking method to increase my doors. My partner is ready to do some work remodeling one side while we rent the other. We are also open to doing a flip. Hoping to network with more experienced investors.

Loading replies...