All Forum Posts by: Daniel Ramirez

this area has been on my radar as well. I've been waiting for the area to pop given its proximity to very high-end neighborhoods, but it hasn't really materialized. I would definitely consider a rehab project there but it would heavily depend on the street in grier. The "feel" swings hugely street to street.

Hey Melissa, welcome to BP! Beat of luck on your multi deal. Youve come to the right place for advice and encouragement.

Regards

Greg, this looks fantastic. I'm in the charlotte market and would love to touch base.

Hey Holly - what is your investment horizon? Most all property will appreciate if maintained and held long enough. 

If you're looking for a rental - I would focus more on making sure the cashflow looks great; any appreciation is icing on the cake. If you're looking for great appreciation, forcing it through rehab is my recommendation. By doing so, you're putting the appreciation in your control; of course, you have to find the right deal to do this. The good thing is that solid value propositions for this type of project exist everywhere, Salisbury & Mooresville included :).  

In terms of overall trends of market appreciation, I would argue that pockets surrounding uptown Charlotte would fair better than the 2 towns you mentioned, simply given the influx of people from other cities and limited inventory. Areas such as NoDa, Smallwood, Villa Heights, etc. are great. Tough to find solid deals here (again, low inventory) but they are available.

Hey Jo-Ann, do you do long terms loans as well (rental properties)?

Jeff - first off, thank you for your service. 

Secondly, welcome to BP. I'm relatively new myself and have found everyone to be extremely welcoming and informative across all aspects of REI.

Feel free to message me anytime if you have questions.

Just signed up for Metrolina. Maybe I'll see you there, Dave. :)

Eldar,

Submitted a profile. I'm interested seeing what your programs are. Do you do rental property loans as well (long-term)?

Jason - I'm a cash buyer here in Charlotte and am looking for an "investor-friendly" agent to help me find deals on both single family flips and multi-family rentals.

Having issues with current agent relying on me to find properties to view.

Let me know if you can assist! :)

@Thomas S. - Solid insight. I've searched high/low for good apartment building deals here in Charlotte and have come up empty. I will keep on trying. :)