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Updated over 4 years ago on . Most recent reply
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Seeking Investment Property in Greensboro NC
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.
Thanks!
Matt and Kate
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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.
Good luck!