Purchase price: $900,000 Cash invested: $180,000 This was a remarkable investment opportunity and is already operating as a highly successful Airbnb.

If you’re in a high-supply market where tenants have the upper hand, actual (contracted) rents could be lower than what you see on listings.Local leasing agents and property managers may have comps they can give you, though you’ll probably need to spot check for relevance.In any case, welcome to BiggerPockets and best of luck in your career as a commercial real estate agent!

Charlotte's Rental Market Update for August 2025.Regional SnapshotActive Rentals: 2,033 (+8.1% YoY)Leased Properties: 907 (-8.5% YoY)Average Rent: $2,143 (+0.7% YoY | +1.7% YTD)Supply is climbing, leasing dipped slightly, but rents are still edging up—a healthy sign for landlords.Best Rental Areas Per DataWaxhaw, NC – Luxury rents at $2,811 (+2.7%)Fort Mill, SC – Strong growth, avg rent $2,569 (+9.3%)*Davidson, NC – Consistent demand, rents up 10.8%Lake Wylie, SC – Waterfront demand, rents at $2,725 (+1.7%)*Union County, NC (Monroe & Matthews) – Surge in rental activity with stable pricin​g.

This is true for most of the Midwest markets!

How can you find a reputable agent out of market?

@Craig Cann Looking for the next up and coming market is more of a speculative play.

Its success stems from prime location, luxury appeal, and strong nightly rates of $500–$700 with 75–85% occupancy.

The August 2025 report from the Austin Board of REALTORS® shows a mixed market, with home prices holding steady across both Austin and the greater metro.

Quote from @Kenan Vaughn: The whole market is shifting not sure Nashville, even outside the downtowns the outer areas are are changing too.

Investment Info:

Single-family residence wholesale investment.

Purchase price: $75,000

Sale price: $92,000

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Partner Driven and David Duritsa teamed up for...