Investing/Househacking in Asheville
Hey everyone!
I've seen a lot of BP posts about people that live in Asheville, but aren't investing here. I understand why, but I'd love to hear from those that are putting their money to work in the Asheville market. If you invest in or around WNC message me and I'd love to buy you lunch sometime!
My long term strategy is to purchase multiple small multiplexes by getting in with owner occupied loans, living there for a year, then moving to another one.
Hope to hear from you!
Most Popular Reply
@Brandon Allenczy I live here in Asheville and exclusively invest in the Asheville area. I work/invest in three counties; Henderson, Haywood, and Buncombe. I have been here since 2012 and have been able to wholesale, flip, and acquire rental properties on a consistent basis. As @Derek Robinson mentioned, the odds are going to be stacked against you and it will take a lot of work, but it is possible. There are a lot of folks here in the Asheville area that have only invested here in the area, so it is possible for sure. So, long story short and to also respond to @Account Closed there are a lot of people who live and invest here in the Asheville area. If you go to a CREIA meeting or keep networking you will find them!