Moving to Asheville from Houston

[Michael Tierney]

Hey y'all. Hung up the Corporate spurs and getting ready for the next chapter of our lives in Western North Carolina. That means disposing of our rentals here in North Houston and starting over. So far, four rentals sold, one in rehab mode and seven with tenants that won't be renewed. Market is very strong in the 150-200k range here in Houston, so been easy to sell so far. We'll need to see what drop in oil prices does to market, but lower end holding up so far. Am trying to get educated on Asheville market. Am chatting with a realtor, but would like to network with some investors on good contractors and tips about local conditions. From a thousand miles away it looks like UNC Asheville and West Asheville look like good sub markets, but appreciate direction from any local knowledgeable folks. Expect to be in Asheville permanently this summer. Might start by purchasing and living in first rental while getting sorted and finding permanent home. Any Asheville folks here?

[Account Closed]

Welcome to BP @Michael Tierney

Asheville is a great place to live! You should check into the local REIA club. Here is a link to their site:

creianc.org

I think Asheville is in pretty good shape right now from an investment standpoint. Like many areas, it is getting more and more difficult to find deals. Like all places, the hard working hustlers will prevail! Do that, and you will be fine :)