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Updated over 3 years ago on . Most recent reply
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Gastonia market for rentals
How is the Gastonia market for buy and hold or BRRR deals? Are there particular areas better than others?
Thanks!
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@Matthew Anderson Yes I am still finding homes with good rent/price ratios but have not spent much time working with flips as I would have liked to. My current live in house-hack I purchased for 190k last year has a mortgage for 1150$ and I will be moving out a renting soon at 1450-1600 according to my realtor and property management!
I have not worked with any property managers in Charlotte so I may have a biased opinion based on the Gastonia vs Charlotte realtors I have worked with. I found that realtors from Charlotte like to move quicker and don't have the same patience to work with investors than the Gastonia Realtors. I imagine with the hotter CLT market this may be the case for the property managers but could not say for sure. For example I have specific criteria for my drips and houses I want sent to me, it seemed that the Gastonia Realtors were more friendly with this.