Viability of the Charleston WV area market
Hi everyone! This is my first BP post, but I've been investing in RE (buy-and hold) for a bit over a year in Pittsburgh. The market there is insanely competitive right now, and understandably so. My partners and I have been striking out quite a bit lately, making quick, aggressive offers and getting rejected every time.
Though I invest in Pittsburgh, I live in Montgomery, WV, about 40 minutes from Charleston. Until the pandemic, I worked in Charleston, so I am generally familiar with its various neighborhoods. I am curious about the market there, and would love to connect with some local investors. Are there any virtual meetups going on right now? Is anyone here familiar with REI in the greater Charleston area? I am interested in the challenges y'all face, what areas are desirable for investors, and whether it is worth investing in a market where the population is diminishing.
I would really appreciate any insight you can provide!