Raleigh-Durham Area for out of state investing.

Raleigh-Durham Area for out of state investing.

Candace HagenPro Member
Real Estate Agent · Member since 2017 · 3 posts · 2 votes

Hi there! I am a real estate agent in Seattle, and I am looking to start buying investment properties out of state as the costs here have risen significantly. I am looking into Durham, Cary,and Raleigh specifically. Apple and google creating more jobs there is interesting to me, as I remember when Seattle was still "affordable." Does anyone have wisdom and insight on what areas in the triangle may still be worth investing in? I am thinking buy and hold mostly. Thank you! 

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  • Rental Property Investor · Raleigh, NC · Member since 2020 · 66 posts · 89 votes
    5y

    Hey Candace! Check out this thread: https://www.biggerpockets.com/...

  • Raleigh, NC · Member since 2021 · 52 posts · 12 votes
    5y

    @Candace Hagen I am very familiar with the area. If you are interested in discussing further let me know. Always, willing to help those looking to invest in the area. 

  • Real Estate Broker · Staten Island, NY · Member since 2017 · 101 posts · 43 votes
    5y

    Hey, my real estate coach is actually a big Realtor in that area (met him through family). He and his wife (my cousin) are active agents/investors in the area and are possibly getting me into it as well. Let me know if you’d like me to put you guys in touch, he’d be a great asset.

  • Contractor · Wake Forest, NC · Member since 2019 · 138 posts · 132 votes
    5y

    @Candace Hagen

    The Raleigh area is fantastic! I live here and love it! I’m a licensed general contractor and investor so I see both sides, I suggest looking into corporate housing, it can pay way above the 1% rule.

  • Candace HagenPro Member
    OP
    Real Estate Agent · Member since 2017 · 3 posts · 2 votes
    5y

    @Danny Kaminsky Thank you super helpful info! 

    @Patrick Knapp  That is a great idea. Do you currently have properties you are doing that with? Have you found certain areas perform better than others?

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