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Updated over 6 years ago,
Analyzing Deals in NC & SC
Hello BP,
My partner and I, are currently taking our first steps in real estate investments. We live in NYC but will be investing in both Charlotte, NC and Rock Hill, SC. I have family living in both areas who have helped me get familiar with the market. We've done our own research and are now analyzing deals to get a move on. To determine our numbers to analyze, we've used certain websites and my families input as well but they can only help so much. We overestimate our numbers to leave us some room to work with and not fall into unexpected surprises. I would like to get some feedback from those who are more familiar with the market in both states than we are. Attached are (2) reports of single family homes we analyze in NC and SC using the BRRR method. Can you guys please let me know if our numbers are way off and should be using different sources to get more accurate numbers? We would appreciate your help greatly.