All Forum Posts by: Preston Davie

We all know the inventory in Charleston is scarce. However there does seem to be more opportunity in North Charleston. Curious to know everyone’s thoughts on buying/renting/flipping? Are property values increasing or decreasing? How hard would it be to find quality tenants?

Hello all, a little bit about me. I’m a 26 y/o traveller spending most of the year in Charleston and the rest in Summit County, CO. When I get back to Charleston I plan on buying a home. I have two questions. As a first time buyer should I buy a multi-family home to try and turn a profit? I’d like to make real estate a solid form of passive income I just don’t know where to start.

My next question, I owe quite a bit of money to the IRS from being young and dumb. Will this effect my ability to get a loan? If so, what can I do to change that.

Thanks !

P