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Updated about 6 years ago on . Most recent reply
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Rental investing near Charleston, SC
Does anyone have thoughts about what areas are best for cash-flowing rental investments within 30 minutes of Charleston, SC? I prefer small multi-family but am open to SF. I don't mind doing renovations. I would prefer to stay in B neighborhoods.
How would I research which sub-market is best.
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In my opinion, Goose Creek, Ladson, and North Charleston have the best SF and MF opportunities for rental cash flow. My personal favorites are near the traffic corridors, places like Summerville Place, off of Miles Jameson road, which is just off of Ladson road. For rental rehabs I like Park Circle, Hanahan, and 29407 West Ashley. Charleston is so short on inventory, you can add a rental property from just about anywhere and it will stay occupied. Pick a popular school district, and research homes in that district and you'll be fine.