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I would like to know what Charlotte areas are mostly profitable in terms of renting property. When I relocate there I would like to invest in some real estate, most likely foreclosures or go to auctions etc. I'm doing my research now so that I know what to expect and where to go when I get there. I appreciate any help. Thanks.
well I will tell you a landlord is a tough business and leave it at that. I am more for your business model and slowly converting that way. Only 5 more to offload
OP--see what I mean? and he's experienced and the rent is 10 days late.
What would you do? Get a lawyer? Cost money. Get your pistola? Go to jail.Evict them? No cash flow.
I thought this forum was for info. Discouraging me from what I am setting out to do was uncalled for.
Actually, you have gotten GREAT info - it just wasn't what you wanted to hear
Still, I'd listen to the voices of experience if I were you. Rental property management is best left to the firms with enough of a bank account to survive when the rent doesn't get paid for months at a time and you have to use legal action to remove someone.
I thought this forum was for info. Discouraging me from what I am setting out to do was uncalled for.
No if you have the time and drive it can be a very good avenue to pursue. On the other hand if your just getting by now it may not be the best thing to do. I would be more than happy to chat with you about your different options I just wanted to make sure you knew what you were getting into and not just watching something on TV that makes it sound so easy,
There are some deals out there to be had though if you have good credit and around 15% to put down unless your a cash buyer
Thank you QC Misfit for being a little more positive and respecting what I am going to do regardless of what others say. All I wanted was to know about some areas to buy properties and that's it.
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well I will tell you a landlord is a tough business and leave it at that. I am more for your business model and slowly converting that way. Only 5 more to offload 
