Charlotte NC - Buy and Hold Markets

[Account Closed]

BP's from NC:

I'm interested in the Charlotte NC market and wanted to get some feedback on the local neighborhoods. Looking for low entry point ($50-80k) properties where I can add value and have stable renters ($900-1100 per mo) in a B/C neighborhood to buy and hold SF and MF units.

Neighborhoods of interest include: 

Uptown (may be out of my price entry point)

Wesley Heights 

Wilmore 

Oaklawn 

Toddville Road 

Would like feedback from others who are from the area - what are you seeing in the markets? Stability of rental market, vacancy rates, good PM's that you would recommend, potential for appreciation, etc. Any other neighborhoods that may be interesting that I should be looking into?

Have done the rentometer, city data, zillow, craigslist type research but wanted to get real life investor, RE broker, wholesaler feedback.

Thanks!

[Sean S.]

Hey there we have two houses off Ashley road off Wilkinson Blvd and have owned for just over 2 years with moderate success to date. We use Kluttz for a property management company with great success. Specifically a lady name Dellene who we really like.

We are also in search of new areas of Charlotte to invest and am curious of other neighborhoods people are having success in? We are interested in Single Family or small Multi Family opportunities.