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Updated almost 12 years ago on . Most recent reply

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Frederic Mileo
  • Bayside, NY
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Investing in another state

Frederic Mileo
  • Bayside, NY
Posted

I have a passion for real estate. Living in New York City and for a few reasons I want to invest in Raleigh North Carolina. Does anyone have advice on where and how I should go about deciding on an area in raleigh? Especially since I live I New York. I appreciate any words of wisdom

  • Frederic Mileo
  • Most Popular Reply

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    Sam B.
    • Rental Property Investor
    • Houston, TX
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    Sam B.
    • Rental Property Investor
    • Houston, TX
    Replied

    - Determine exactly what sort of investments you want to go after in Raleigh (single family, multi, etc), what price range, neighborhood quality and what your long term goals are.

    - Armed with the above information, connect with Raleigh investors via BP.  It shouldn't take but a few hours of reading to figure who the players are in the area.

    - Drive to Raleigh.  Spend some time with folks you've connected with and the neighborhoods you're interested in.

    You're less than an eight hour drive from multiple, high yielding markets.  I have to fly 12+ hours to reach mine.  No excuses :)  Good luck.

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