All Forum Posts by: Jacob Dellinger

Hey Baker! Charlotte is a great spot to be. I live on the SC side in York county, but my investments and clients are in NC. I agree with @Pat Rineman, taxes in SC are great for primary residences, but can be a pretty big expense for investment properties. Good luck finding your first rental!

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $85,000
Cash invested: $30,000
Sale price: $144,500

Bought a single family house from a family member that was being used as a rental and needed a full gut rehab. Did initial renovations prior to moving in, then kept updating while living in the home. Finished updating, and decided to sell near end of 2020.

Investment Info:

Single-family residence fix & flip investment in Clarksville.

Purchase price: $110,000
Cash invested: $35,000
Sale price: $200,000

Flipped an out-of-state single-family in Clarksville, TN from my home in York, SC. All remote, worked with a great local GC and Property Manager to fix & flip.

Investment Info:

Single-family residence fix & flip investment in Chicago.

Purchase price: $110,000
Cash invested: $35,000
Sale price: $200,000

Flipped an out-of-state single-family in Clarksville, TN from my home in York, SC. All remote, worked with a great local GC and Property Manager to fix & flip.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $250,000
Cash invested: $75,000

Short-term rental close to CLT airport, National Whitewater Center, Belmont Abbey College, and Charlotte city center.