Matthews · Investment Property
Investment Property in Matthews, With the Repairs Counted
Numbers before excitement. Each property is judged on its numbers and rental rules before you tour, with a straight answer when a nice house is a poor investment.
Investment Property in Matthews: What to Weigh
Investment property in Matthews means, in the neighborhoods we cover, single-family homes built from the mid-1980s through the 2000s, near a small downtown and about 11 to 12 miles from uptown Charlotte. That location, close to US 74, I-485, Novant Health Matthews Medical Center and downtown Matthews, is a real asset for a rental.
The age of the homes is the other half of the math. A rental from the late 1980s or 1990s may need a roof, HVAC or windows sooner than a newer home, and the repair budget needs to be in the numbers before you offer.
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Why Matthews Investors Work With Carolina Signature Properties
Carolina Signature Properties starts with the numbers and the rules: holding costs, realistic rent, and what the HOA allows. The Matthews neighborhoods we cover all have associations with amenities, so rental rules must be checked for each property before you offer.
During due diligence, we put the roof, systems and plumbing at the top of the inspection list, and review any existing lease. Buying investment property covers the approach, including 1031 exchanges, and how we build your search explains how we narrow the list.
Our Investment Process in Matthews
- Set the target numbers, with a realistic repair allowance.
- Check each HOA's rental rules.
- Inspect with a landlord's eye.
- Review any existing lease.
- Coordinate with your advisers.
Matthews Property for Investors
Matthews Plantation has the most moderate sizes among the neighborhoods we cover, which can suit a rental. Brightmoor and Sardis Plantation sit minutes from downtown. Matthews is served by Charlotte-Mecklenburg Schools.
Talk with us about an investment in Matthews, and we will start with the numbers.
Frequently Asked Questions
Can I rent out a home in a Matthews HOA?
It depends on the association. We check the rental rules for each property before you make an offer.
What repairs should I budget for on a Matthews rental?
Homes from the 1980s and 1990s may need roofs, HVAC or windows sooner, so the inspection during due diligence should set the budget.
Do you help with 1031 exchanges?
We coordinate the real estate side with your tax adviser and qualified intermediary.
Matthews
What investment property looks like in Matthews
A small town that runs straight into Charlotte, with a downtown of its own and more shopping and restaurants close to home.
- The homes
- A small town that runs straight into Charlotte: driving between the two, you can hardly tell where one ends and the other begins. It sits between Charlotte and Indian Trail.
- Why people choose it
- Buyers who want what draws people to Mint Hill, an easy drive into Charlotte, but with more shopping and restaurants close to home.
- Schools people ask about
- Charlotte-Mecklenburg Schools, including Matthews, Crown Point and Elizabeth Lane elementaries and David W. Butler High. Assignment depends on the address.
- Getting around
- About 11 to 12 miles from uptown Charlotte. US 74 and I-485 serve Matthews, and NC 51 runs through town and connects with US 74.
- Nearby
- Downtown Matthews and its library branch; Matthews Alive, the Labor Day festival and parade; Novant Health Matthews Medical Center; the Four Mile Creek Greenway, the Matthews Heritage Trail, Purser-Hulsey Park and the Sportsplex.
- The trade-off
- The fair comparison is with Charlotte and Mint Hill, not Harrisburg. Next to Mint Hill there is very little difference, except that Matthews has more shopping and restaurants.
Investment Property: keep exploring
Ready to make your move with Carolina Signature Properties?