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All Forum Posts by: Troy Knight

Troy Knight has started 19 posts and replied 123 times.

New Member Introductions

Post: New investor in the Charlotte, NC area

Troy KnightPosted
  • Belmont, NC
  • Posts 139
  • Votes 21

Welcome to the forum. There is a slew of information and even houses out there for you! Best wishes on your property acquisition!

0 Votes
Mobile Home Park Investing

Post: How do YOU find parks to purchase?

Troy KnightPosted
  • Belmont, NC
  • Posts 139
  • Votes 21

If anyone is interested in a smaller park 8-9 homes in the Charlotte, NC region with a 25% cap rate, I have a lead on a great one. There is a lot of rehabbing to do, but it will be well worth it in the end. Requires purchasing existing park for 75k then investing 80-100k in 8 new homes and fixing the road system with new gravel. Would then have a potential sell price of 300-400k or rental income of $4,800/mo

0 Votes
Real Estate Deal Analysis & Advice

Post: Charlotte Investors?

Troy KnightPosted
  • Belmont, NC
  • Posts 139
  • Votes 21

That's a really cool map. Has anyone else noticed that Google Maps has started separating the neighborhoods on their site as well? I noticed it when looking in the NODA area. We like investing in the suburbs of Charlotte since Charlotte is such a melting pot and you can throw a rock in almost any direction and hit a lower income rental neighborhood.

0 Votes