Monroe, NC · Member since 2014 · 40 posts · 3 votes
My husband and I are learning what we can about real estate because we want to get in the business of real estate investing in NC. We currently live in NY and are in the process of escaping. My husband is currently a contractor and we are being very financially drained here. We are in transition to a move down to Monroe, NC where we have a rented house. We want to get to a point where we can financially support our family - which is NOT easy here in NY. Eventually we want to buy our own house which is something we couldn't afford to do in NY. My husband and I plan on working together wholesaling houses. I hope we can make some connections with others in North Carolina.
Tega Cay, SC · Member since 2014 · 213 posts · 74 votes
12y
@Catherine Kahle welcome aboard! I understand what you are saying. We move 10 years ago from NJ, it was the best decision we have ever made. Feel free to reach out if you should have any questions.
Welcome to BP. While I am not currently in Monroe, I was for some time and still own a home there. Rents have increased well over the last three years. What have you heard about the Monroe Bypass? How do you think that will affect the area?
Again, welcome and please ask questions. But look around the site first, there is LOADS of information already available.
Solo 401k Expert · Anaheim Hills, CA · Member since 2012 · 18k+ posts · 6k+ votes
12y
Welcome to BP community @Catherine Kahle It is a great place to meet new friends and learn about various aspects of real estate and more. Here are a few recommendations for you:
If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select that person below. He or she will be notified of being tagged so that the conversation will continue.
and http://www.charlotteobserver.com/2014/05/27/492891...
I predict a boost to the area where the exits to the road are. I have been watching as my rental is close to a planned entrance/exit. I am interested in your thoughts as you learn more, please keep the site updated. Looking forward to reading posts from you.
Monroe, NC · Member since 2014 · 40 posts · 3 votes
12y
@http://www.biggerpockets.com/users/Joseph_G
I looked up the Bypass as soon as I read your post (I was very curious). I would imagine that this would be a real boom for the area. Excellent that your property is right near an exit/entrance! I'll definitely keep my ears and eyes open re the Bypass.
Clayton, NC · Member since 2014 · 17 posts · 1 vote
12y
Welcome! I am new to BP too, I currently live in Clayton, NC and the market here is booming! We recently relocated here from Illinois and it is so much cheaper to live in NC than up north! Welcome and goodluck!
Monroe, NC · Member since 2014 · 40 posts · 3 votes
12y
Hey @Chelsey Jimenez! Welcome to Bigger Pockets too! We're newbies together! I'm glad it's booming where you are! It seems like there's so much more opportunity down South in so many ways.
Real Estate Investor · Monroe, NC · Member since 2014 · 8 posts · 4 votes
12y
I'm new to real estate investing, but biggest difference is properties are a lot cheaper down in NC compared to NY. From what I have seen NC prices have been coming back. NY,especially the area I was from, the prices are kinda deflated still. It's definitely different in the south. Just make sure to have as much NY pizza and cannolis before you move down here. Only a handful of very good pizza places down here. Good luck to you.