||# of Agencies
|Single House or Condo
|Home Owners Association
|Total Local Companies
High Point, NC Rental Market Overview
High Point, NC Property Management Companies
Increased Business, Potentially Low Rental Inventories
Mention North Carolina and most property investors think of Charlotte. It makes sense when you consider the expansion and commercial influences of major financial services employer like Wells Fargo and JP Morgan Chase. While big developers continue to crank out massive multiunit complexes in Charlotte, the property investment opportunities remain relatively unnoticed in High Point, roughly 90 miles to the northeast. High Point employers might not have the huge payrolls and staggering workforce, but the new growth in a range of industry sectors holds promise for small property investors seeking profitable rental markets with fewer corporate competitors.
Manage and Maintain Your Rental Property Assets
While Ralph Lauren, Stanley Furniture, NCO Customer Management and Cornerstone Healthcare all announced recent expansions in High Point, Homefacts notes that building permits were at an all-time low with only 38 single-family homes built in 2013. Online real estate resources including Trulia contrast a significant decline in foreclosures in this region compared with previous years. Independent landlords in and around High Point can anticipate significant tenant traffic and interest in vacant rentals, although this hinges on proper property marketing and curbside appeal. Like buying new investments, successfully presenting properties to prospective tenants is all about good timing. Your rental property should look great and the appliances and exterior features should be in good working order. Sometimes everything hinges on your organizational skills as a landlord, especially if you're tracking or juggling tasks between multiple units. If you're feeling overwhelmed, consider consulting a local property management company in the High Point area. Property management companies have real estate professionals who understand the best channels for successfully marketing rental properties. They also have access to reliable experienced contractors and maintenance staffs who can help you balance your workload. For more information on High Point property management companies, check out the profiles on this page and request your free instant quote.