My name is Dwain Ammons and I am a NC real estate broker who focuses on serving the real estate needs of the WNC real estate investor marketplace and second home owners in North Carolina. Our market has seen many changes in the last three years. As the market changes I’d like to take this opportunity to offer help and learn your interest in selling, buying or holding now or on the future.
Should you work with me, I will work tirelessly to ensure you are connected with the best real estate opportunities. My services include:
• Investor sales and purchases
• Relocation
• WNC Local real estate market reports
• WNC real estate market expertise and guidance
• Real estate professional referrals (for those moving to another state or country)
• Real estate types most common (commercial, industrial, retail, residential)
• Other: do you have a unique WNC real estate issue that you need assistance with? I am happy to
work with you to find solutions.
• If you need help with Real Estate Investor Property and Liability insurance coverage click here.
I hope you will consider contacting me for your future real estate needs. My contact information is below.
Empowering Real Estate Investors: Dwain Ammons’ Expertise in Western North Carolina
In the picturesque landscape of Western North Carolina, real estate investment opportunities abound, ranging from luxury lakefront rentals to intricate multi-unit housing developments. Navigating this diverse market requires a skilled and knowledgeable guide, and one such expert is Realtor Dwain Ammons. With a proven track record, Dwain specializes in assisting real estate investors to secure their best deals and avoid pitfalls that may catch them off guard.
Understanding the Western North Carolina Market:
The real estate market in Western North Carolina is characterized by its scenic beauty, diverse properties, and a mix of traditional and modern housing options. From the serene shores of pristine lakes to the vibrant cityscapes, investors have a plethora of choices. However, the complexity of the market demands an in-depth understanding of local regulations, market trends, and property values.
Dwain Ammons’ Expertise:
Dwain Ammons stands out as a seasoned real estate professional with a deep understanding of the Western North Carolina market. His expertise extends beyond traditional single-family homes, encompassing luxury lakefront properties and more complex multi-unit housing developments. Dwain’s commitment to staying abreast of market dynamics and trends ensures that his clients receive the most up-to-date and relevant advice.
- Tailored Investment Strategies: Dwain takes a personalized approach to each client, understanding their unique investment goals, risk tolerance, and preferences. Whether the investor is looking for a high-end lakefront rental property or a multi-unit housing complex, Dwain crafts tailored investment strategies to align with their objectives.
- Local Market Knowledge: One of Dwain’s key strengths is his extensive knowledge of the local market. Understanding the nuances of different neighborhoods, zoning regulations, and potential growth areas allows him to guide investors toward opportunities that align with their investment goals.
- Risk Mitigation: Real estate investment inherently involves risks, and Dwain excels at identifying and mitigating these risks for his clients. From assessing the condition of a property to evaluating the potential for future development in a specific area, he ensures that investors make informed decisions to safeguard their investments.
- Negotiation Skills: Securing the best deal requires effective negotiation skills, and Dwain Ammons is adept at this crucial aspect of the real estate process. Whether dealing with sellers, developers, or other stakeholders, he advocates for his clients’ interests to ensure they get the most favorable terms.
- Holistic Approach: Dwain’s service goes beyond transactional assistance. He offers a holistic approach, connecting investors with a network of trusted professionals, including contractors, inspectors, and legal experts. This comprehensive support ensures that investors are well-equipped at every stage of their real estate journey.
In the dynamic real estate landscape of Western North Carolina, Realtor Dwain Ammons has established himself as a trusted advisor for investors seeking to navigate the market successfully. With a wealth of experience, a commitment to personalized service, and a thorough understanding of the local market, Dwain empowers investors to secure their best deals, from luxury lakefront rentals to complex multi-unit housing developments. For those looking to thrive in the Western North Carolina real estate market, Dwain Ammons is the strategic partner who can turn investment visions into lucrative realities.
Ways that Western North Carolina real estate investors could possible make money and acquire the most appreciation with the help of local Realtor.
- Identifying Emerging Markets: A local Realtor like Dwain Ammons can help investors identify emerging markets in Western North Carolina. By staying informed about the latest trends and developments, the realtor can guide investors toward areas with high growth potential and increasing property values.
- Luxury Lakefront Rentals: Western North Carolina is known for its stunning lakes and scenic landscapes. Investors can capitalize on the demand for luxury lakefront rentals. A knowledgeable Realtor can help identify prime locations, assess rental demand, and navigate any unique regulations associated with lakefront properties.
- Multi-Unit Housing Developments: Multi-unit housing developments, such as apartment complexes or condominiums, can provide a steady stream of rental income. With Dwain Ammons’ expertise, investors can locate suitable properties, assess the potential for development or renovation, and navigate zoning and regulatory requirements.
- Short-Term Vacation Rentals: The region’s popularity as a tourist destination makes short-term vacation rentals a lucrative option. A local Realtor can assist in identifying areas with high tourist traffic, understanding local regulations on short-term rentals, and advising on property features that appeal to vacationers.
- Renovation and Flipping: Some investors may prefer to purchase properties in need of renovation, add value through improvements, and sell for a profit. Dwain Ammons can help identify properties with renovation potential, recommend reputable contractors, and estimate the costs involved, ensuring a strategic and profitable approach.
- Commercial Real Estate Investments: Western North Carolina’s economic growth may present opportunities in commercial real estate. Whether it’s retail spaces, office buildings, or industrial properties, a local Realtor can help investors navigate the commercial real estate landscape and capitalize on the region’s economic development.
- Capitalizing on Local Events and Festivals: Certain areas in Western North Carolina may experience increased demand during local events and festivals. A Realtor with local knowledge can advise investors on properties that may benefit from these periodic surges in demand, providing opportunities for short-term rentals or event-centric businesses.
- Understanding Seasonal Trends: Western North Carolina experiences distinct seasonal changes, influencing property demand. A Realtor can guide investors on understanding these seasonal trends and strategizing investments accordingly. For example, ski resort areas might attract winter sports enthusiasts, while lakeside properties could be more popular in the summer.
- Networking Opportunities: A local Realtor often has an extensive network of professionals, including property managers, contractors, and other investors. Leveraging these connections, investors can gain valuable insights, access reputable service providers, and stay informed about upcoming opportunities in the market.
- Long-Term Appreciation Strategies: Dwain Ammons can help investors adopt a long-term appreciation strategy by identifying areas with consistent growth trends, proximity to upcoming infrastructure developments, and factors that contribute to sustained property value appreciation over time.
In conclusion, with the guidance of a knowledgeable local Realtor like Dwain Ammons, Western North Carolina real estate investors can explore diverse avenues to make money, whether through short-term gains, long-term appreciation, or strategic rental income. By leveraging the expertise of a Realtor familiar with the intricacies of the local market, investors can optimize their portfolios and make informed decisions that align with their financial goals.
Dwain Ammons, Licensed NC Real Estate Broker is associated with:
Real Estate Investor Terminology.
SFR -”Single-family rental”; a residential rental property consisting of 1 to 4 units; this includes single family rentals, duplexes, triplexes, and quads.
Fix and Flip – A term that refers to a property an investor plans to acquire, renovate, and resell to the market.
Cap Rate & Different Types of Returns
-Cap Rate: formerly known as capitalization rate,
-Potential return on an investment property
-Formula for Cap Rate –Net Operating Income ÷Market Price of Property
Net Operating Income
-All revenue from the property minus all reasonably necessary operating expenses. NOI is a before-tax figure which excludes principal and interest payments on loans, capital expenditures, depreciation and amortization.
Economic Performance (Surrounding market)
-Formula for Cap Rate –Net Operating Income ÷Market Price of Property.
Vacancy
-Empty space or the condition of not being leased.
Housing Stock
-The houses and other places to live that are available in a town, country, area, etc.
Rental Households
-A person living alone in a rental housing unit, or a group of unrelated people sharing a rental housing unit
Asset Class
-Group of securities that exhibits similar characteristics, behaves similarly in the marketplace and is subject to the same laws and regulations.
Inflation
-A general increase in prices and fall in the purchasing value of money.
“Trading Hands”
-Term used by investors when a property is sold to another investor.
Rental Income
-Net income of the landlord from current production. It is calculated as the output of housing services (space rent) less the related expenses, such as depreciation, maintenance and repairs, property taxes, and mortgage interest.
Equity
-The value of an asset less the amount of all liabilities on that asset. As an accounting equation, one can represent it as Assets -Liabilities = Equity.
Low-Risk Investment Homes
-Generally leased investment properties with long term leases, structurally, and in a favorable surrounding market (i.e. high job growth rate, low unemployment, etc.)
High-Risk Investment Homes
an investment that carries a high degree of risk-meaning, there is a strong chance that you could lose a substantial amount (or all) of your investment; the attractiveness of high returns draws investors to target these SFR investments.
“Horizon” of the Investment
-An investor’s planned duration to keep an investment; depending on investment objectives (equity gains vs. returns), this could be the same day of acquisition to an indefinite period of time.
Volatility
-Higher volatility means that a security’s value can potentially be spread out over a larger range of values. A lower volatility means that a security’s value does not fluctuate dramatically, and tends to be more steady.
Diversification
-Risk management technique that mixes a wide variety of investments within a portfolio. The rationale behind his technique contends that a portfolio constructed of different kinds of investments will, on average, yield higher returns and pose a lower risk than any individual investment found within the portfolio.
Cash-Flow Positive
-Cash inflows during a period are higher than the cash outflows during the same period.
Rent Collection
-Process in which landlord collects rental income; this is also one of the primary responsibilities of a property manager on behalf of their clients.
Maintenance
-Necessary repairs and maintenance to maintain “habitable condition”.
Annualized Return
-Also known as the Internal Rate of Return, it is the measure of a return on an equity investment.
Gross Yield
-The annual income generated by an asset prior to expenses divided by the purchase price.
The North Carolina Real Estate Commission requires me to provide my clients with a Working With Real Estate Agent Brochure. Click on this Mandatory Brochure LINK for your copy. View the NC Fair Housing Disclosure Here
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