And more than 600,000 residents are projected to move to the county in the next 25 years — raising the total to 1.7 million by 2050.Along with Mecklenburg, approximately 79% of the growth in the Charlotte region is expected to occur in the counties of York, S.C., (312,810 to 481,714 people), Union (269,572 to 481,612), and Iredell (212,583 to 335,056 ).County growth in the Charlotte region.A historic jumpIn the last 25 years, more than 962,000 people moved to the Charlotte region.And, as always, if you have any real estate investing questions, I'm here to help!

Bathroom Renovations (4 Total)Scope of Work:Master Bathroom:Install new double vanity with quartz countertopsReplace shower with frameless glass enclosure and custom tileAdd a freestanding soaking tubUpgrade fixtures to high-end finishesGuest Bathrooms (3):Replace vanities, mirrors, and lightingRetile showers and floorsInstall modern plumbing fixturesEstimated Cost: $40,0003.

Principal Paydown: $2,441 Total Gain: $58,317 ROI: 360.32% (on $16,185 upfront investment: 3.5% down payment of $8,715 + 3% closing costs of $7,470).Year 2 Analysis Cash Flow: -$752 Home Appreciation: $6,120 Principal Paydown: $2,617 Total Gain: $7,985 ROI: 49.34%.Year 3 Analysis Cash Flow: -$375 Home Appreciation: $6,242 Principal Paydown: $2,806 Total Gain: $8,674 ROI: 53.59%.Year 4 Analysis Cash Flow: $9 Home Appreciation: $6,367 Principal Paydown: $3,009 Total Gain: $9,386 ROI: 57.99%.Based on these numbers, you’d have negative cash flow for the first three years and only break even in Year 4, assuming a 2.5% annual rent increase.Adjusted Scenario see second picture: Landlord Covers Gas and WaterIn the second scenario, I assumed the landlord would pay for gas and water at $300/month while maintaining the same 2% home appreciation rate.

This also leaves me with $3,750 stuck in the deal (not including financing and closing costs, which could easily add another $20,000).In total, if I had to include closing costs and financing costs, I’d have about $23,000 (if not more) tied up in the deal and lose close to $700/month before accounting for expenses.

They will issue an IRS Form 1099 in January, reporting your total taxable income to you and the IRS.

And while nothing is foolproof the most consistent method of finding good vendors is relying on OTHER real estate investors that have worked with those vendors.

Here is one piece of advice When looking at areas to invest in check out this website https://www.areavibes.com/ its pretty cool it gives you a total livability score and rating for that areaBest of luck!

Unless the item is a total fabrication.  

Hi Sean, I do out of state investing myself and rely on my property manager the day to day operations. 

For a 90-unit project, this could result in a tax credit of $180,000, and for a 112-unit project, the tax credit could total $224,000.