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Updated over 4 years ago on . Most recent reply

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Jason Malabute
  • Accountant
  • Los Angeles, CA
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Releigh and Durham markets

Jason Malabute
  • Accountant
  • Los Angeles, CA
Posted

I am an apartment investor who is looking to expand my investing market. Releigh and Durham is 2 of the 4 markets who have made it to my final round of research before i make my decision on which market to focus on. I was planning to focus only on one market but realized Releigh and Durham are only 30 mins away. Do most investors that invest in one market consider both markets when investing? Or is Releigh and Durham 2 different markets and new investors should only focus on one at a time?

  • Jason Malabute
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Jeffrey Donis
  • Investor
  • Durham, NC
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Jeffrey Donis
  • Investor
  • Durham, NC
Replied

I live in Durham but very close to Raleigh- about 10 minutes out. It is very competitive here as a lot of buyers have this area on their radar- we have seen prices only increasing and nothing has penciled out as of recent in the area. Not to say you can't find deals, however, keep in mind that you are looking in a very hot market! 

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