Anyone actively investing in Coastal NC? Looking to connect locally!

[Connor Sterphone]

Hey everyone!

I’m based in the Wilmington / Leland area and recently relocated from New Jersey with my family. I’m a real estate agent, but also actively focused on investing and continuing to learn the investment side of the business.

I’m looking to connect with anyone who is:

• Investing locally (Brunswick, New Hanover, surrounding areas)
• Out-of-state but buying in this market
• Lenders, contractors, property managers, etc.

I’d also love to hear:

• What strategies are working well here right now?
• Are you seeing more long-term rentals, short-term rentals, or flips make sense in this market?

From what I’ve been seeing so far:

• Multifamily doesn’t seem to cash flow great at current prices, but could make sense as a long-term hold depending on the deal
• With this being a beach market, I’d expect STRs to be strong—but I’m still trying to figure out the best entry points and areas to focus on

Curious how others are looking at this market right now:

• Are you finding deals that actually cash flow, or are you leaning more toward appreciation plays?
• For STRs, what areas have you seen perform best (and still make sense to get into today)?

I’m still continuing to learn the investing side deeper every day and would love to hear different perspectives from people active here.

If you’re investing in the Coastal NC area (or looking to), would love to connect.