All Forum Posts by: Mohammad Parwez

I can talk about the Triad area of North Carolina. 

Triad consists of 3 cities Greensboro, High Point, and Winston-Salem.

This area has seen tremendous growth in the past few years and I can see a lot of out-of-state investors investing in this area.

Here you can still get a nice 3 bed/2 bath new construction or SFH built after 2020 for the 270-300k range and expect to get it rented for LTR for at least 1800-2300/m.

This state is landlord-friendly and eviction if needed is easier (3-4 weeks). 

Regards

Mohammad Parwez 

336-999-9086

https://mohammadrealtor.com

You can still find a few properties in my Triad NC area where a few properties get closer to the 1% rule.

However, most of the properties are now in the 0.6-0.8% range. 

For example, you can get a 3 bed/2 bath SFH in a decent neighborhood for about 270-300k that can generate a rent of about 2000-2300/m.

Thanks

Get this investment property in your portfolio

Cash sale for just 210k

https://www.facebook.com/marketplace/item/423587546947744

ARV is close to 300k and needs some updates

Attention All Investors.
You do not want to miss this high potential property with a swimming pool!

Located in the small town of Talbott TN. It has 1,392 sqft of upstairs space plus it has another 1,680 sqft of unfinished basement containing 4 bonus rooms and a garage. It has a swimming pool with diving board and sits on .71 Acres. There is another structure as well which currently holds 4 dog kennels.

This is an assignment of contract and needs a quick closing.

Investment Opportunity: 1041 Byrneville Rd, Century, FL 32535. Serious inquiries only. The property ARV is 330k

https://www.facebook.com/marketplace/item/972054237763742
🏡 Country Living on Over 1.5 Acres: This spacious home offers the perfect opportunity for cash investors. Situated on a generous 1.5-acre lot, it’s your chance to own a slice of tranquility just 47 minutes from I-10 and I-110.

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🛠️ A Fixer-Upper Opportunity: Yes, the home needs some work, but that’s where the potential lies. Transform it into your dream home—the way you want it—for you and your family. Isn’t that what life is all about?

Don’t miss out on this chance to invest in a peaceful retreat with room to customize and create lasting memories!

Call to schedule a visit: 336-496-1651

Located in Merritt Dr Greensboro

This compact 3-bedroom, 1-bathroom fixer-upper is sold in AS IS condition, ready for your creative renovation. With a cozy layout and a manageable yard, envision the potential for a personalized home. Don't miss this opportunity to transform this property into your ideal space.
Reach out if interested. 

336-496-1651

[email protected]

I have this SFH available for cash sale in Greensboro.

Address: 205 W Vandalia Dr, Greensboro

Needs some minor repairs. ARV is about 340k

The Property will be clear and vacant on closing.

Please reach out if interested

Mohammad Parwez

EXP Realty

NC License 341737

Here is what I got from the listing agent

Park information:

• Park 1:

• 22 units: 18 are park owned homes, 3 are lot rents, 1 has lifetime rights from a previous owner that does not pay rent.

• Park 2:

• 26 units: 7 park owned homes - with 2 being long term owner financed (owner will transfer that collection over to you), 19 lot rent

• Park 3:

• 22 units: 2 houses, 7 park owned homes, 12 lot rents, 1 vacant lot

Notes

• not included above is a maintenance guy that is paid 33,800 per year.
• Subject to change once we receive all the final data
• quick changes can yield a pretty quick 10-15% increase in income - changing the high utility(water) cost on one park, small rent increases on park owned homes, filling the vacant lot, and gradually increasing the lot rents.
• Northwest NC - all within 30-45 minutes of either Winston Salem or Statesville and located in cities with strong employment opportunities.

It got sold long back. Sorry I forgot to update here

I have asked the listing agent for the details.

Please use this link to see the property

https://portal.onehome.com/en-US/share/1003427R42459