The recent expansion of the North Carolina Residential Code to encompass up to four-unit dwellings marks a significant shift in the state’s approach to residential construction. This change, effective January 1, 2025, under House Bill 488 (HB488), reclassifies triplexes and quadplexes under the less restrictive International Residential Code (IRC), moving them away from the more…
Key takeaways BTR homes provide an affordability solution in today’s increasingly expensive housing market, but don’t ignore the implications of a cost-conscious consumer. While more BTR residents prefer renting, their planned length of stay hasn’t changed. Many are sensitive to price and are willing to move for a better deal. More BTR residents consider themselves…
Introduction When it comes to real estate investing, many private landlords place outsized emphasis on the monthly rental rate their properties command. The logic seems straightforward: higher rent equals more money each month, which must mean better returns. However, focusing solely on your monthly rental rate can be a short-sighted approach that overlooks the bigger…
In today’s unpredictable property landscape, many rental property owners behave more like gamblers at a blackjack table or day traders chasing hot stocks than disciplined, long-term investors. Instead of steadily growing their portfolios and locking in stable, reliable returns, they make wild guesses, cling to unrealistic expectations, and get burned over and over. They celebrate…
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