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Updated about 8 years ago on .

User Stats

23
Posts
5
Votes
Brian Stike
  • Investor
  • Asbury Park, NJ
5
Votes |
23
Posts

Lumberton/Mount Holly rental market?

Brian Stike
  • Investor
  • Asbury Park, NJ
Posted

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!