New to Real Estate · Destin FL · Member since 2020 · 10 posts · 4 votes
We have a child going to law school this next year in Greensboro NC and are examining options for a buy and hold/rent property that she and a roommate can live in for the next ~3 years.
We are leaning to properties in a good, safe part of town but requiring some updating so we can add some value to it.
We would appreciate any advice on this approach (as an investment) as well about the local area.
Melbourne, FL · Member since 2015 · 11 posts · 8 votes
6y
Look in College Hill, Brice Street Area, Glenwood and downtown. Most bang for your buck upon exit is downtown. Most value will probably be in Glenwood. College Hill is established and is designated historic. Always demand there due to proximity to UNCG.
Value add in Greensboro is a good idea since appreciation is historically slow and low.
Melbourne, FL · Member since 2015 · 11 posts · 8 votes
6y
Look in College Hill, Brice Street Area, Glenwood and downtown. Most bang for your buck upon exit is downtown. Most value will probably be in Glenwood. College Hill is established and is designated historic. Always demand there due to proximity to UNCG.
Value add in Greensboro is a good idea since appreciation is historically slow and low.
New to Real Estate · Destin FL · Member since 2020 · 10 posts · 4 votes
6y
@David Patchett sorry for the late reply, but thank you very much for the perspective. We will tailor our search and continue our strategy of “adding value” to our properties.