New Charlotte Real Estate Investors - Good ZIPs & Home Questions

[Finn Cardiff]

Hi there,

My business partner and I have been exploring some areas of Charlotte, particularly southeast/Matthews/Pineville area, but we're open to hearing about other areas of Charlotte as well.

We were curious if anyone had experience in these ZIPs or had any additional ZIPs to offer that work well for buy and hold/BRRR properties. We want to get a good feeling for a specific ZIP before moving on it.

Our ideal property would be a 3/2 single-family, 1000-1500 sq. ft.single-story around $200-250k ARV. We're looking for areas that would rent well as first homes for new families.

We've been looking into areas that have a good chunk of high GreatSchools rated-schools, but we're curious about investing in some areas that don't have a bunch of highly rated schools in CLT. From some of our research, it seems that some areas with lower GreatSchools ratings are still working quite well for flipping.

Additionally, do our criteria fit well for Charlotte? Does single-story, or any of our other qualifiers, make a big difference in this area from your experience?

Thanks so much for your help!

Finn

[Terrell Garren]

Just an opinion after buying 19 SFHs in a neighboring county over the past 11 years. I can't make anything cash flow currently using the MLS or a realtor. Low inventory and no way to compete with owner occupants. The only cashing flowing source I can find are auctions where I can accept more risk than OOs and rehab a dog into a nice property.