Souther California investor moving to North Carolina

[Sean Hoglund]

Hello,

This is my fist post on BP. My father got me started in single family and multi family real estate in the Los Angeles area. I currently self manage 45 doors. My wife and I are looking to relocate to North Carolina. After a few trips back there, the rental market seems to be pretty promising. In my opinion I can get more cash on cash ROI in North Carolina, compared to Los Angeles area. I recently purchased my first rental in Mooresville. I am going to have a property management company handled that house, until I move back there. My goal is to have 10 rentals in Mooresville area in the next year. I am anxious to hear about other Mooresville investors.

[Kyle Kline]

Originally posted by @Kai Murphy:

Mooresville is very nice.  What do you guys think of the Southern Pines / Pinehurst area?  There's some new construction ready to hit with homes in the 350-400k price range.  It's populated by retirees who love the golfing communities as well as military officers that work in and around Fort Bragg.  What do you think of investing in that area?  

Hey Kai! I actually live and invest in Southern Pines! We love it here for buy and holds. We own a 5 unit and currently doing some rehab on a BRRRR and one flip right now in downtown. Rents are high but so are prices right now in comparison to Fayetteville.