Hi everyone! I recently found out that I will be moving from Cleveland to Raleigh for work the first week of January 2020. Does anyone currently live in the Raleigh/Durham and have any investment advice? I tried looking for some properties online but there wasn't much available. I know nothing about either area so any input would be appreciated.
@Will Armstrong Raleigh /Durham is very much an appreciation market. So you won’t find much that has strong cash flow like you will in markets like Clevland. But with out knowing more about your goals (cash flow, house hack, or fix and flip) it will be hard to give you advice. The broadest advice I can give you is, Durham typically is seen to behind Raleigh so there is more appreciation/growth opportunities there in most people’s eyes.
@Will Armstrong I am excited that you are moving to the Raleigh/ Durham area. Our market has a variety of opportunities for investors. Generally cash flow is lower in this market but demand for properties continues to drive up appreciation. The demand is mainly due to a large number of people moving to Raleigh/ Durham and surrounding communities. Which strategy are you trying to tackle with your residence in Raleigh?
Welcome to Raleigh. If you can share more about your goals, I’d be glad to talk with you and see how I may be able to help.
Hi, I am a new investor/wholesaler and will be moving to the Triangle soon. What they said is definitely correct about the appreciation and homes staying on the market only a few days.
Also looking for REIAs if you know of any I should attend.