Lumberton/Mount Holly rental market?
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Brian Stike
Investor from Asbury Park, NJ
posted over 3 years ago
Anyone know what the rental market is like in Lumberton/Mount Holly area for 3 bed, 2 bath homes and townhomes? I live about an hour away but am considering investing in buy and holds out that way because often the numbers can work.
I have friends who live out there. Of course I don't want to just call a random agent and ask about the rental market, I'd rather get a true investor's point of view! My fear, of course, is buying and holding it for months while I look for a tenant because the market is weak and there's no high demand for good rental property.
Thanks!