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Updated over 6 years ago on . Most recent reply
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Is Charlotte NC a good location to start buy to let investment ?
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.
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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.