All Forum Posts by: Peter H Derry

Price: $250,000 firm 

Instant Equity: $40,000+

This is a unique opportunity to acquire an off-market property with significant potential. The seller is seeking a quick sale. A compensation agreement will need to be signed as part of the transaction. This property is clean and move in ready! 

Key Terms:

• Cash or hard money financing only
• Must be prepared to move quickly
• Compensation agreement required

For more details or to discuss the property further, please email [email protected]. Don't miss out on this rare opportunity! 

Hey Carl, we have some opportunities for multifamily properties that fit this bill exactly.  

The area between downtown Charleston and Park Circke is known as "The Neck".  It is still a low income area that is up and coming and is becoming more desirable for it's proximity to the aforementioned areas.   It has gained some value as properties have been rehabbed or new construction has been built, but there is still a long way to go and a lot of equity to be gained.   The zip code is traditionally 29405 and the area runs between King St & Meeting St all the way up to Park Circle at Montage St.  

I'd love to talk more about it and show you some opportunities.   Let's connect and we can go take a look at the area and properties.   

🔥 Off-Market Investment Properties Available! 🔥

Looking for your next BRRRR, Fix & Flip, or Buy & Hold opportunity? I have exclusive off-market deals in top-performing markets:

🏡 Single-Family Homes – Perfect for BRRRR, flips, and rentals.
🏢 Multifamily Properties – High cash flow opportunities in growing cities.

📍 Charleston, SC – A booming market with high appreciation.
📍 Greenville, SC – One of the fastest-growing cities in the Southeast.
📍 Columbia, SC – Affordable properties with strong rental demand.

These off-market properties won’t last long! If you're a serious investor looking for your next deal, let’s connect.

📩 DM me for details!

[email protected]

Off-Market Multifamily Properties Available!

Looking for prime investment opportunities? I have off-market multifamily properties available in key high-growth markets:

📍 Nashville, TN – A booming real estate market with strong rental demand.
📍 Phoenix, AZ – One of the fastest-growing cities, ideal for long-term investments.
📍 St. Louis, MO – Affordable multifamily properties with great cash flow potential.

These exclusive deals won’t last long! If you're interested, let’s connect and discuss details. Serious inquiries only.

📩 DM me for more information 

[email protected] 

Hello Chris 

We can help you find what you are looking for. Send us an email [email protected] and we can start helping you with your buy box. 

Purchasing a property for your child while they attend college can be a strategic investment and a great way to provide them with stable housing. Here is a comprehensive guide to help out-of-town parents navigate the process effectively.

1. Determine Your Budget

• Set a Realistic Budget: Consider the cost of tuition, living expenses, and your financial situation.
• Mortgage vs. Cash Payment: Decide whether you'll finance the purchase or pay in full.
• Future Resale Value: Factor in potential appreciation of the property.

2. Choose the Right Location

• Proximity to Campus: Prioritize properties within walking or biking distance to minimize transportation costs.
• Safety and Security: Research neighborhood crime rates and local security measures.
• Access to Amenities: Look for nearby grocery stores, healthcare facilities, and entertainment options.

3. Property Type Considerations

• Single-Family Home vs. Condo: Condos may offer maintenance benefits, while homes provide more control.
• Size and Layout: Ensure the property accommodates your child’s needs and potential roommates.
• HOA Fees and Rules: If considering a condo, check for restrictions that may impact student living.

4. Financing Options

• Parent Loan Options: Consider home equity loans, investment property mortgages, or co-signing a loan.
• Tax Implications: Speak with a financial advisor about potential deductions and capital gains.
• Rental Income Potential: Explore the option of renting out extra rooms to offset costs.

5. Working with Real Estate Professionals

• Local Real Estate Agent: Choose an agent experienced in student housing.
• Property Management Services: Consider hiring a property manager if you’re not local.
• Inspection and Appraisal: Conduct thorough due diligence to avoid costly repairs.

6. Maintenance and Upkeep

• Regular Inspections: Schedule periodic property inspections to address maintenance issues.
• Emergency Repairs: Have a plan in place for unexpected maintenance needs.
• Furnishing the Property: Budget for necessary furnishings and appliances.

7. Exit Strategy

• Resale Planning: Research market trends for optimal selling timing.
• Long-Term Investment: Consider retaining the property as a rental post-graduation.
• Marketability: Choose a property with appeal to future students or young professionals.

By following these steps, you can make a well-informed decision and ensure a successful investment that benefits both you and your student during their college years and beyond.

Peter Derry 

PHD Properties 

Charleston, South Carolina's housing market continues to exhibit growth and competitiveness.The median home sold price reached $582,329, reflecting a 9.7% increase from the previous year, with a median price per square foot of $325.The average home value stands at $562,718, marking a 5.1% year-over-year rise, and homes typically go pending in approximately 30 days.

In Charleston County, the median home sold price was $626,134 in December 2024, up 9.5% from the prior year, with a median price per square foot of $342. Downtown Charleston experienced a significant surge, with home prices increasing by 33.2% compared to the previous year, resulting in a median price of $1.2 million.

The market remains a seller's market, characterized by higher prices and faster home sales. In December 2024, 67.9% of homes sold below the asking price, indicating potential opportunities for buyers to negotiate.However, inventory levels have decreased, with 1,191 homes for sale in December 2024, a 4.3% decline from the previous month, suggesting a tightening market.

Overall, Charleston's housing market is experiencing steady growth, with increasing home values and a competitive environment for buyers.