6 November 2025 | 3 replies
-Signal of momentum: Major infrastructure projects like this highlight continued investment in Charlotte’s urban core — a positive signal for long-term property values.If you own or are targeting properties near South End, Uptown, Dilworth, or South Tryon, this project positions you ahead of future demand growth once the bridge opens.Charlotte-Area ZIPs With the Lowest Vacancy Rates (October 2025)These submarkets are showing vacancy rates below 10%, reflecting strong tenant demand and rental stability:ZIP CodeVacancy Rate28092 4%280125%280526%286777%280818%281158%281348%282168%280369%280379%280279%281059%282179%280789%What this means:-Markets with ≤ 10% vacancy signal tight rental conditions and healthy absorption.
10 November 2025 | 14 replies
But if there’s any uncertainty about timing, I’d lean toward a bridge loan or even negotiating a rent-back period after selling, just to keep things flexible.If you have enough equity in your current home, the HELOC gives you the freedom to move forward without rushing the sale and since interest is only paid on what you use, it keeps things manageable during the overlap period.The only thing to watch is timing and market conditions.
11 November 2025 | 4 replies
Maybe go visit them and see what they have to offer interior and exterior, as well as age of the units, as well as grounds keeping, as well as parking lot condition (Alligator with potholes, slurried, fresh black top with new paint lines).
6 November 2025 | 24 replies
Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.
27 October 2025 | 1 reply
If we were to goto court for the eviction can she bring this up as uninhabitable conditions even though it is fault of her own?
12 November 2025 | 8 replies
That is when I asked the first contractor to check who said the roof is in a disaster condition and he can fix it for 700 which lasts 1, 2 years(or do repl;acement for 14400).
30 October 2025 | 2 replies
In my club, we analyze market trends, rent growth, expense ratios, and local job or population shifts, as well as occupancy rates, tenant quality, property condition, cap rate versus the local market, financing terms, potential for value-add, historical cash flow, and projected ROI.
30 October 2025 | 6 replies
Find a handyman or home inspector to go out and assess the condition and have them write up what they see needs to be do.
31 October 2025 | 1 reply
I sent an email to the city examiner who confirmed an exception in the code for this exact condition.
10 November 2025 | 61 replies
Verifying last 2-years of rental history and income/employment extremely important to find the “best of the worst”.Tenant Default: 20-30% probability of eviction or early lease termination.Section 8: Class D rents meet program requirements, often challenges to pass Section 8 inspection.Vacancies: 20%+, depending on market conditions and tenant screening.Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciation.Where did we get our FICO credit score information from?