Kanawha County, West Virginia Investing?

9 Replies

Is anyone out there investing in West Virginia?

I'm interested in buy and hold multifamily properties and it seems like a good market. Places like Cross Lanes have low crime, low unemployment and low property taxes. It's also not terribly far from my area in NYC.

I don't see much mention of WV here in the forums, and I don't see much info on property managers in Kanawha County. Is there anything I am missing when I research the area? For example, is it unfriendly to landlords?

Any out of state investors having success in West Virginia?

I'm a West Virginia University Graduate, but don't invest in WV... yet. Anywhere around Charleston would seem to be a good area to start. The last time I was in Parkersburg I saw a few bandit signs.

LETS GO MOUNTAINEERS!

My contribution to this thread is complete! WVU Class of '05 here

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West Virginia native here! I attended WVU in '03 and then Marshall University in '05...born & raised in Huntington, WV and know all the major metro areas pretty well.

My suggestion is look near the hospitals & campuses. Huntington & Charleston both have some very good areas but also some very bad areas. Just read the news on a regular basis for a couple of weeks and you'll know which parts to steer clear of. Or send me a PM and I'll give ya the scoop on the war zones!

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It's a sub-2deal, so no banks needed.  10K down, take over payments.

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