Insight on Durham, North Carolina Market

[Kyle Roberts]

Hi everyone,

I'm a new investor in Raleigh NC but looking to get more familiar with the Durham market. I'm looking to BRRRR a single family or small multi family property that is cash flows positive every month. After looking at the Raleigh market I was having trouble finding anything that will reach the 1% criteria so I decided to look into Durham.

Can any local investors answer some of the following questions? 

1. 1. What neighborhoods are up and coming? (Ie price to rent isn't too high yet)
2. 2. What neighborhoods are good to avoid due to things like crime? (Looking for a B-C type neighborhoods to invest in)
3. 3. Are there opportunities to purchase small multi family or is most of the current inventory single family homes?
   
4. 4. Would you consider Durham more of a cash flow or an appreciation market?

Thanks in advance!

[Adam Schneider]

@Kyle Roberts When people ask about investing in Durham as a new investor for cash flow, I'm reminded of the famous Yogi Berra quote. Yogi was asked if he eats at a really popular restaurant in NYC, and he responded "Nobody goes there anymore, it's too crowded."