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Updated about 6 years ago on . Most recent reply

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John Patterson
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12
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Thoughts on Investing in Charlotte NC/ Greater Charlotte Area

John Patterson
Posted

Hello,

I just moved to the Greater Charlotte NC/SC area from NY and have been exploring the RE for sale in the area based on interesting Zillow listings that come up. I was wondering what people with knowledge of the market think about this area. 

In my mind Charlotte still has room to grow, but it is certainly near its 'peak' in my mind, However I still believe there are good RE opportunities for rentals out there. The neighborhoods vary greatly within 30 minutes of central Charlotte. I'm interested in buy and hold rental properties in the C to B- range.

I'd love to know your thoughts and insights on the market and area.

Thanks!

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27
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Eileen Mazza
  • Lender
  • Raleigh, NC
14
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27
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Eileen Mazza
  • Lender
  • Raleigh, NC
Replied

Have you also considered right over the line in South Carolina? Lower taxes, I believe and some good deals to be had. (so I've heard) I'm in the Raleigh area. check out your local REIA in Charlotte-there are 2. You should be able to connect with some wholesalers in that area which can help you.

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