1. Investing in fixer-uppers and flipping them for a profit. There are many homes in Person County that need some work and can be bought for a relatively low price. With a little bit of elbow grease and some investment, these homes can be turned into profitable flips.
2. Rent-to-own properties. There are several rent-to-own properties available in Person County. This type of investment allows you to collect rent while the tenant is living in the property and also gives you the option to sell the property at a later date for a profit.
3. Multi-family properties. Another great opportunity for real estate investors in Person County is to invest in multi-family properties such as duplexes or apartment buildings. These types of investments can provide a steady stream of income through rental payments from tenants.
4. Commercial real estate investing. There are also many commercial real estate opportunities available in Person County, NC. These include office buildings, retail storefronts, and warehouses among other types of commercial property
Price Index: Durham-Chapel Hill, NC