Looking to invest in NC or SC
Greetings! I am a new wannabe investor (i.e., with no deals yet) with a solid financial and legal background (I am a real estate finance attorney licensed in both CO and NC). I would love to connect with individuals investing in North and South Carolina to find out more about their experiences. I am interested in many areas of RE, including, mid-term rentals, storage units, and multi-family.
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@Ryan Briggs. Like @Jason Campbell, I recommend western NC. We have many great markets over here, and compared to the coast less downtime in the winter. Happy to help you think on locations and connect to resources if you decide to buy here.
Also, if you're looking at SC as well, keep in mind that property taxes for NOO's (non owner occupants) are exponentially higher in SC, and vary by county. Take Spartanburg County, for example, as explained at the link below, a property assessed at $100K in value will cost you $2,132/yr instead of the $609/yr that an owner occupant would pay. What you'll see in Zillow and elsewhere is the $609.