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12-17-2007, 08:22 AM
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Senior Member
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Join Date: Dec 2007
Location: Uptown Charlotte / 4th Ward
2,535 posts, read 2,125,719 times
Reputation: 314
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I know you are looking for single family, but have you considered condos here in Uptown. You probably would not get an instant return, but in a few years I bet you would get the most return. Uptown is "HOT". I live here. Have a neighbor whoo bought a loft in 2001 for $165,000 and sold it last year for $300,000. No where else in Charlotte will give you a return like that. Not any where else in Charlotte.
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12-08-2009, 08:52 AM
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Junior Member
Status:
"Looking for real estate investment"
(set 23 days ago)
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Join Date: Dec 2009
Reputation: 10
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Me: Another CA-to-Charlotte looking for possible RE investment options
Hi all,
Sorry to continue on an old thread, but I recently moved from CA to Charlotte and am looking to invest, Gone through the postings of this thread.
I saw a new development in 28262 university area, heard that it gets ready by mid-summer 2010. Could some one help advise me on other possible and/or better alternatives as well?
Thanks
VC
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12-08-2009, 01:44 PM
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Member
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Join Date: Mar 2009
71 posts, read 28,742 times
Reputation: 23
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Are you hoping to buy one piece of property to invest in? Or are you interested in land? I know of a land developer who may be looking for investors.
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12-11-2009, 05:00 PM
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Member
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Join Date: Oct 2009
50 posts, read 13,676 times
Reputation: 27
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Has anyone bought houses priced in the $40,000 range as rentals?
Is it tough to evict deadbeats?
Should rental be placed into a LLC to protect the owners from legal actions.
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12-12-2009, 07:05 AM
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Senior Member
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Join Date: May 2009
2,035 posts, read 577,521 times
Reputation: 609
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Quote:
Originally Posted by jp9nine9
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Is it tough to evict deadbeats?
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Evictions in NC require court action and the actual eviction is performed by the Sheriff. You can't do it yourself. |
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12-13-2009, 06:53 AM
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Member
Status:
"Retired Navy Chief"
(set 20 days ago)
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Join Date: Nov 2009
66 posts, read 15,463 times
Reputation: 32
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Head to South Carolina. The property taxes are 30-40% less.
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12-13-2009, 06:58 AM
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Member
Status:
"Retired Navy Chief"
(set 20 days ago)
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Join Date: Nov 2009
66 posts, read 15,463 times
Reputation: 32
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If you have kids and don't want them being constantly rezoned around the Charlotte Mecklenberg School System, then stay clear of Mecklenberg county. Fort Mill, Indian Land, Clover etc. is your best bet. Feel free to PM me for some specific tax rate examples.
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