Out of State Investor Looking for Realtor/Team in The Triangle

[Mason Erb]

Hi BiggerPockets Community!

Durham native here, though I'm currently based out-of-state in NYC. I'm taking my first steps into real estate investing and looking to invest back in my hometown, or the greater Triangle area. 

I'm seeking a well-maintained property that would be suitable for a first-time investor - turnkey, cash flow is a must.

I'm open to single family, multi-family, student housing, and more. 

I have ~300K in cash I've set aside to start my portfolio, and am interested in buying a property anytime from now - 6 months, with the intention of buying another/more shortly after. 

I'd love to connect with real estate agents, contractors, property managers, and lenders who have experience working with out of state investors and would be willing to show me the ropes from afar.

Looking forward to learning from this community and finding some great connections!

Best,
Mason

[Kerlous Tadres]

Hey Mason, turnkey rentals in Durham or the Triangle can definitely cash flow, especially around universities or hospitals. But with $300K in cash and plans to scale, you might also want to explore strong cash-flowing Midwest markets like Kansas City, or parts of Ohio where $150–200K can get you solid SFHs or small multis with strong rent-to-price ratios and local PMs in place.