Which area/state is the best for investing in multifamily?

Topic Author

Jennifer Rysdam

5 years 9 months ago #25695 by Jennifer Rysdam

Which area/state is the best for investing in multifamily? was created by Jennifer Rysdam

Which area/state is the best for investing in multifamily? We are thinking of moving to either Charlottesville, VA, Chapel Hill, NC, or Columbia, SC. Any advice about the markets, areas, family living, etc. would be great! We are moving from MN.

5 years 9 months ago #25695 by Jennifer Rysdam

Topic Author

Christina Ann McCullough

5 years 9 months ago #25696 by Christina Ann McCullough

Replied by Christina Ann McCullough on topic Which area/state is the best for investing in multifamily?

The SC market is strong.

5 years 9 months ago #25696 by Christina Ann McCullough

Topic Author

Lori Hammond

5 years 9 months ago #25697 by Lori Hammond

Replied by Lori Hammond on topic Which area/state is the best for investing in multifamily?

Housing follows employment opportunities

5 years 9 months ago #25697 by Lori Hammond

Topic Author

Chris Hurst

5 years 9 months ago #25698 by Chris Hurst

Replied by Chris Hurst on topic Which area/state is the best for investing in multifamily?

Chapel Hill, NC is a massive market. You have UNC school and hospital and is an extremely diverse territory. Opportunities there and next to endless, but you need to have a strong plan in place for what you’re going to invest in and brand as, because there are some major players and a bunch of smaller players already in the game there.

5 years 9 months ago #25698 by Chris Hurst

Topic Author

Bob Metzger

5 years 9 months ago #25699 by Bob Metzger

Replied by Bob Metzger on topic Which area/state is the best for investing in multifamily?

Chris Hurst but those CH taxes though!

5 years 9 months ago #25699 by Bob Metzger

Topic Author

Chris Hurst

5 years 9 months ago #25700 by Chris Hurst

Replied by Chris Hurst on topic Which area/state is the best for investing in multifamily?

True! Chapel Hill is the only one of the three Ive worked in before thats why I only commented about that one though lol

5 years 9 months ago #25700 by Chris Hurst

Topic Author

Bob Metzger

5 years 9 months ago #25701 by Bob Metzger

Replied by Bob Metzger on topic Which area/state is the best for investing in multifamily?

Chris Hurst I hear ya! I ran a deal in CH and oversaw 3 others as a RPM. Of the three markets, I would say VA, NC, and then SC.

5 years 9 months ago #25701 by Bob Metzger

Topic Author

Robin Cubbage

5 years 9 months ago #25702 by Robin Cubbage

Replied by Robin Cubbage on topic Which area/state is the best for investing in multifamily?

Well Charlottesville has the university, teaching medical college and a thriving community

5 years 9 months ago #25702 by Robin Cubbage

Topic Author

Staci Ruis

5 years 9 months ago #25703 by Staci Ruis

Replied by Staci Ruis on topic Which area/state is the best for investing in multifamily?

Orlando Florida

5 years 9 months ago #25703 by Staci Ruis

Topic Author

Bob Metzger

5 years 9 months ago #25704 by Bob Metzger

Replied by Bob Metzger on topic Which area/state is the best for investing in multifamily?

Jennifer - if you need help, this tool can be extremely beneficial. www.realpage.com/asset.../underwriting-analytics/

5 years 9 months ago #25704 by Bob Metzger

Maureeno Waters

Posts: 12
Thank you received: 0

5 years 1 month ago #31739 by Maureeno Waters

Replied by Maureeno Waters on topic Which area/state is the best for investing in multifamily?

Christina Ann McCullough wrote: The SC market is strong.

I agree with you.

5 years 1 month ago #31739 by Maureeno Waters