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8
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19
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Joseph Lawrence
Pro Member
19
Votes |
8
Posts

Is it too late

Joseph Lawrence
Pro Member
Posted

Curious if we missed the North Charleston and Summerville entry point.  We have family in SC and are curious about investment opportunities. 

  • Joseph Lawrence
  • User Stats

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    Andrew Syrios
    Pro Member
    • Residential Real Estate Investor
    • Kansas City, MO
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    Andrew Syrios
    Pro Member
    • Residential Real Estate Investor
    • Kansas City, MO
    ModeratorReplied

    There are always good deals around so you didn't "miss" the opportunity, at least not entirely. I don't know too much about North Charleston and Summerville specifically but investing in real estate has been challenging country-wide since rates went up. 

  • Andrew Syrios
  • User Stats

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    Replied

    It really depends on your financial situation. Are there good deals in Charleston? Yes. Will they be hard to find? Yes. But can you succeed there? Absolutely.

    With this mindset, you move past sitting on the sidelines out of fear—which is probably why you're asking in the first place.

    As someone who used to think the same way, I’d say face the fear, take the risk, and buy the property. Just make sure the numbers work. Proper due diligence will reduce your risk, but it won’t eliminate it entirely.

    Personally, I like value-add opportunities because they build in equity from the start. Real estate is a powerful and proven way to grow your wealth.

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    User Stats

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    Patrick Roberts
    Pro Member
    #3 Private Lending & Conventional Mortgage Advice Contributor
    • Lender
    • Charleston, SC
    223
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    328
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    Patrick Roberts
    Pro Member
    #3 Private Lending & Conventional Mortgage Advice Contributor
    • Lender
    • Charleston, SC
    Replied

    Deals are harder to find these days, but they're still out there. I was actually in Summerville this afternoon going over a pretty sweet value-add deal with a client. A lot of it depends on what your goals are and what you're looking for. 

  • Patrick Roberts
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    Replied

    Both have some great opportunities! Summerville is a little harder to find, but that is my base so I would be happy to help you! North Charleston is prime time for finding investments. I am always looking in both as a Realtor and investor myself. Like I mentioned, would love to help you find an investment here!