All Forum Posts by: Ronnie Z.

 Tom - I'm investor in Fort Mill/Tega Cay area (primary residence) and interested in Charlotte area. I completely agree with you on taxes between and SC/NC and for that reason I have short listed some Charlotte zips but would love to bounce ideas. I own rental property in 28270, and looking for next one.

I have my spreadsheet that I like to go neighborhood by neighborhood and build comparative analysis, rank by bunch of metrics and then once I have narrowed down areas and don't hesitate to make an early offer in appropriate price range. Would love to share ideas, lets get in touchbase.

Appreciate all the feedback ! Will keep you all posted. 

Appreciate the feedback Al !  That makes sense.

Initially my game plan was to go for 18 months so I end up in May/Jun period.  However I'm now open to 6 months period too although realtor needs to update my listing accurately to highlight that change. 

My other concern has been and this is my feeling - my realtor has lost interest since he is already paid as a part of buy/sale deal through his 3% commission. May be, I should going out myself to market on websites like craigslist. I'll try short terms lease option.

Meanwhile, have you guys felt you may have lost potential clients due unavailability/inability of realtor/yourself to show property? what do you guys think of providing clients one time passcode to visit the property themselves per their schedules. realtor can gather basic information like DL before letting people go visit? would this be significant factor in marketing property? I guess their is some downside risk too.

Thanks John. Do you mind elaborating how is HOA a problem? I know sometimes it can be restrictive but don't believe there is anything in particular here that's chasing away people.

Thanks Sai. Given this is my first time in market finding renter wanted to make sure I'm doing right things. But you right, I need to stay put given the time of the year. 

Hello Everyone,

This is one of my first posts on BP although I have been listening to podcasts and reading forums. I would appreciate some help if experts can lend some ideas or perspective in finding a tenant which I think has been a little drag.

Quick background - I bought my first investment property - townhome in South Charlotte, NC area and its been on market little over 30 days. Realtor through whom I bought the property is helping me advertise/find renters. (that was part of the deal, he covering finding renter first time). Its listed on MLS and all other places like zillow, trulia etc. In my opinion property is pretty desirable (more details below) however I'm struggling to find renter. Initially potential renters visited however no conversions. No specific feedback. Competition seems to be okay and its priced well too. (I checked with multiple people in business to confirm price)

So is it the slow time of the year or its typical? I'm sure every market has its demand/supply story but wondering if you guys have any suggestions to improve marketing or make it more saleable? Would moving to a propety management company that has more flexibility for "showings"  than realtor would be better option? 

Would appreciate some feedback !

Details about property - 

Highly desirable South Charlotte 3BR/2.5BA townhome. Open floor plan, end unit, 1 car garage with great private mature wooded backyard. Minutes away from Grocery/Restaurants/Entertainment in major shopping center, great schools (9, 10/10) and golf courses within 2 mile radius. Community loaded with amenities – pool, tennis courts, a playground and walking trails. Included - a Gas Log fireplace in family room, Washer/Dryer. Pets are allowed with a fee and deposit.

Hi Paul,

I'm local to Charlotte area and a newbie to investment space. Kind of at similar stage where I'm trying to get sense if where/what kind of cash flows I can get. Looking for townhomes/sfr. 

I'm primarily looking in South Charlotte but haven't found good cash flows above $100 or $200. Would like to share my experience as well as here from you.

Cheers

Ronnie

Hi All,