New Yorkers,
Are you newly married with a child on the way and not enough space in your home?
If so, many new families are in a similar situation.  Based on our recent investment trip to Charlotte, we’ve learn that many New Yorkers are heading south for warmer climates, more space, and a lower cost of living.
Here are your options:
(1) You could save a lifetime and never have enough money for a 20% down-payment on a decent family-friendly home.
or
2)You could save up $40k, move to Charlotte, NC and purchase this home (featured below) for just about $200k:
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A 5 bedroom 3 bath home with attached 3 car garage.
This explains why there’s a growing trend of people leaving New York for a more balance life and lower cost of living in Charlotte.  Both neighbors of a recent property we acquired (7200 Spring Morning Lane) in Charlotte were from the Big Apple.
Where was the Taxi cab driver who picked us up from the Airport from? No, not New York City.  He was from New Jersey.

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Alegria Capital Management is a real estate investment management company that manages funds invested in quality residential real estate in high-growth markets nationwide.