North Carolina is the nation's sixth most-visited state and the ninth most populous. With its vast and diverse natural landscapes that include both the mountains and the oceanside, and its growing economic center, the state that's dubbed "First in Flight" is easily one of the best places for landlords to invest in America.
The Piedmont Triad region is full of endless opportunities for growth, business, education, and families. Here, you will find some of the most sought-after investment property, not only in the Southeast but across the entire country.
Read on to learn about the five top places to invest for landlords located in Greensboro and beyond!
The largest city within the Triad region, Greensboro is home to many colleges and universities, cultural, arts, and science-based attractions, entertainment venues, sporting events, and is a first-in-class hub for family fun.
The city supports a well-planned infrastructure and a variety of transportation options, including both low-cost and eco-friendly choices for locals and visitors in the area.
Greensboro landed a spot among Forbes' list of top 100 Best Places for Business and Careers in 2019. It's cited as North Carolina's third-largest city in population and is projected to continue growing over the next decade.
There's no shortage of students, families, and young professionals looking for reasonably-priced housing in the city of Greensboro. This makes it an especially appealing choice for landlords of multi-tenant units and rental properties. It also helps that real estate prices tend to be among some of the most affordable of major metropolitan cities in the US.
The city of Burlington rests along the I-40/85 corridor, which connects the Triad and Triangle regions. It boasts many unique points of interest, including a wide range of retail shops, lakes and marinas, historical sites, and a wine trail.
As the largest clinical laboratory in the United States, LabCorp employs over 70,000 worldwide. Its headquarters are also stationed in Burlington.
Landlords in Greensboro will find ample opportunities in this area that attracts retirees, business people, and families.
3. High Point
High Point, named North Carolina's "International City" and the Furniture Capital of the World, is a mix of old tradition and modern convenience. It holds a semi-annual furniture market that attracts over 100,000 to the area, making it a great choice for short-term rental properties.
Steeped in history with brick sidewalks, a vibrant main street and town square is the city of Jamestown. Founded in 1816, Jamestown offers a haven for history buffs and an idyllic setting for families to raise their children.
Jamestown also provides landlords a picture-perfect place for a variety of rental and housing options.
Winston-Salem is a top pick for landlords offering student housing, thanks to its many educational institutions, including Wake Forest University, Babcock Graduate School of Management and Wake Forest Law School, Winston-Salem State University and Forsyth Technical Community College.
In addition, the Bowman Gray School of Medicine and Medical Research Centers through North Carolina Baptist Hospital and Brenner Children's Hospital offer first-class care of patients from all over the country. This opens another window of opportunity for landlords to provide ideal rental spaces for out-of-towners seeking medical care.
Find Out More About the Best Places to Invest for Landlords in Greensboro
Now that we've shared some of the best places to invest for landlords, it's up to you to take your pick. As you can see, the Piedmont Region offers plenty of opportunities for landlords in Greensboro to rake in revenue.
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