Updated about 9 years ago on . Most recent reply

Investor in Charlotte,NC looking to network and learn
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

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