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Charlotte Real Estate Forum
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Updated over 6 years ago on . Most recent reply

User Stats

10
Posts
1
Votes
Henry A. Lyon
  • Investor
  • Charlotte, NC
1
Votes |
10
Posts

Is Charlotte NC a good location to start buy to let investment ?

Henry A. Lyon
  • Investor
  • Charlotte, NC
Posted

do you consider Charlotte NC a good area for buy to let Investmens ? It looks like there are new investments in the area to create employment.

Most Popular Reply

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111
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95
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Lisa Hoover
  • Specialist
  • Charlotte, NC
95
Votes |
111
Posts
Lisa Hoover
  • Specialist
  • Charlotte, NC
Replied

Charlotte is one of the best areas in the US to buy rental real estate and it has been so that I know of personally since 1993.

Top areas have been since 2002:

Phoenix (now pricey), Dallas Ft Worth, Austin, Vegas,Charlotte.

Charlotte is not a tourist economy like Las Vegas, CLT has a solid finance, manufacturing and tech base for employment.

 Today, CLT isn't as pricey as PHX.

1995 AND NEWER SFHs in good areas, are the only way to go-- still have some incredible bank foreclosure deals here.

You can still get a 4 br 2.5 ba. 2 car garage under $200k and rents are at an all time high.

The prop will cash flow from day 1

AND appreciate nicely.

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