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Updated about 9 years ago on . Most recent reply

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10
Posts
4
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Harsh Desai
  • Investor
  • Charlotte, NC
4
Votes |
10
Posts

Investor in Charlotte,NC looking to network and learn

Harsh Desai
  • Investor
  • Charlotte, NC
Posted

I have been a member of bigger pockets for a while and have been listening to the podcast for over a year now. So far I have bought two properties (one in Charlotte and one in Greenville, SC)..both condos.

I am looking to network with others and learn as well as share my experiences. 

Cheers,

Harsh Desai

Most Popular Reply

User Stats

275
Posts
172
Votes
Curtis Waters
  • Rental Property Investor
  • Charlotte, NC
172
Votes |
275
Posts
Curtis Waters
  • Rental Property Investor
  • Charlotte, NC
Replied

I recommend a focus on SFH rental properties under 100k that rent for $200 over the break even price ($100k property would rent for at least $1200/mo,$80k property renting for at least $1000/Mo). You should realize a 9%+ CAP rate or a 20%+ cash-on-cash return

I would caution you to consider special assessments and HOA dues increases on condos.

  • Curtis Waters

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