Wilmington, NC Rental Property Investment

[Joey Marson]

My fiancee and I currently live in Northern Virginia. We plan to invest in a single family home in Wilmington, NC later this year. We want to buy and rent the property for years. We are looking to cash flow the property while building equity. Which neighborhoods provide the best opportunity for cashflow? Our price range is $175k-$250k.

Any advice is appreciated.

[Oliver Evans]

@Joey Marson

Are you looking for a turn key or light rehab opportunity? Silver Lake, sunset park, north chase, kings grant. All good areas to look. I’d also consider looking outside of Wilmington. Castle Hayne , Rocky Point. Good cash flow is tricky to come by right now as our market is on fire, but upside in our market is strong. Happy to connect if you need some more suggestions. Good luck!