Whats Good With Charlotte

[Daniel Imahiyerobo]

I have heard many people speak positively about the real estate investment market in Charlotte North Carolina. I am aware that many people leaving NY and other expensive cities int he north have found Charlotte as a top destination. However, the rent to cost ratios looked a little low for cash flow to be a possibility. Is Charlotte an appreciation market? Can anyone explain how investors are profiting there?

[Jack Delligatti]

Charlotte has proved to be a great place to invest. At the moment, we are starting to see lots of investors do fix-and-flips in the area surrounding Charlotte, as many people are starting to get priced out of homes closer to the city. Like Atlanta, Charlotte is expanding outward pretty quickly and starting to swallow up the surrounding markets, making the suburbs a great opportunity to invest. Hopes this helps.