A newly acquired 6K sq. ft. lot in a thriving area of Charlotte near Freedom Drive and Uptown.

A newly acquired 6,000 sq. ft. lot in a thriving area of Charlotte, NC, near Freedom Drive and Uptown.

While cap rates have risen, you are still seeing groups buying in the low to mid 5%s for 70's-90's product.  

Starting my own investment journey and looking to begin acquiring more properties and learn from other investors here. 

This single-family property, acquired in June, is a key piece of a visionary development in Morganton.

So what is the answer to getting access to our equity for those of us who have some but don't really want to continue acquiring properties.

I would keep and hold it for the long term, unless you can deploy that money in a much more productive investment. 

If the inexperienced investor knew how much work, effort, time, analysis, negotiation, organization, capital, and knowledge it takes to successfully find, identify, evaluate, and close on a property that fits the criteria that gurus falsely claim they see 100’s of every day, 99% of them would abandon their real estate dreams” and pursue ostrich farms, mink breeding, or setting up a “down line” to sell condensed cleaning products that their “upline” has an exclusive distributorship on for the southwestern quadrant of Bisbee, Arizona.  

Since it is the product of a divorce proceeding the IRS will go along with the divorce decree.

I’m starting with just 1 listing but plan to recruit neighbors in my beach market to list on my custom website tailored to our community / market so I hope to be at 10+ listings soon even though I only own & operate 1 right now.Guesty’s pricing did not appear to be competitive and for someone starting with fewer than 4 units but planning to scale up behind that, Guesty does not offer a migration path from their “for hosts” product to their “for pros” version - it would have been a complete redo on setting everything up.