A prime commercial property located in the heart of Downtown Morganton, near the courthouse and surrounded by thriving businesses.

A previous Client and employer of mine came to me wanting to unload a property.

I learned the hard way that properties don’t pay rent—tenants do.

If it’s worked out well so far being a landlord and you see opportunities to raise rents then holding on to the property might make sense.

For instance, at one point when I was working as a senior accountant in a property management firm, I was training a guy who was a CPA for 30+ years even though I was hired 2 months before him.I worked only in real estate accounting and financing and became CFO.

While the property requires renovations, inspections and estimates have been completed, and construction is now underway.

A property manager could ease landlord duties.

@Gary R UrenIf the property is zoned for only one home you most likely will not be able to do thisPossibly it could be 123 main st unit a vs b but that is a post office issue and good luck dealing with the post office on this issueI would talk to them and put to mailboxes in the front and see if they can separate it by A and B unit

This investment aligns with my strategy to develop high-quality rental properties in thriving neighborhoods, where both rental income and property values are steadily rising.

This investment aligns with my strategy to develop high-quality rental properties in thriving neighborhoods, where both rental income and property values are steadily rising.