posted on Aug, 24 2012 @ 08:33 PM
Good evening... a Native North Carolinian here.
"It was the best of times, it was the worst of times..."
An apt description of life here in NC and the Southern USA. Frankly, if you can think on your feet, pass a drug test, have no hard criminal
background... you can find work.
If you plan on opening your own business, all the better. Developement and construction is good... but don't forget home repair. If you are reliable,
competent, and a reputable business person, you should do OK.
Land here is cheap, especially in semi rural areas. A lot of contractors and builders I come in contact with are buying older homes... fixing them
up... and then renting them or selling at a higher appreciated rate and profit. Yes, I know that is partially how we got into this mess, however, if
you buy low... fix it up... and sell higher... you made money.
For instance, in Henderson, NC... there is a small rental duplex for sale... already with reliable tenants... for less than 25,000 dollars. Lots of
smaller 1960-ish cottages that are on the market for less than $50,000.
I do recommend a home away from Raleigh/Durham metro area... probably in one of the neighboring rural counties. Lower taxes, lower crime rate, most
all county permits, zoning, licenses, etc are gotten from the same sweet little old lady that does the marriage licenses and registers you to vote...
and parking is usually free.
Also, agriculture is KING in NC... so by living in a rural area... you can get away with murder almost in the name of agriculture. For instance, where
I live, I can build a 100 sq foot barn or a 10,000 sq foot barn and need no permits, no inspections, nada.. nothing. We just had a well dug for
"livestock purposes only" and it needed no inspection, no permit... nothing. Now if I supposedly accidently on purpose drink the beautiful, clean,
clear, cool water... who is to know?
The economy here is bad in some spots, good in others. I manage a farm supply store here in north central NC and frankly, our sales are up about 19%
over planned budget for the month and trending up about 9% for the year.
You just have to be smart, grow your business conservatively, and get $1.05 out of every dollar.
I also have a farm and we are starting a small business in a produce farm stand. We are cutting costs and being creative at every turn, but after next
growing season we should be making money... this year is a wash with turning a barn into the stand store, gravel on the old drives, eqipment, etc.
Anyway, NC currently has over 9 million citizens and by 2020, we will have over 12 million residents... and at some point, the economy will get