Knightdale, Pittsboro, Holly Springs

[Niti Bhat]

Apart from Durham and Raleigh what other areas are good for investment for rental? I heard from a few people about Knightdale, Pittsboro and Holly Springs. Is it true and why? Does anyone have experience in these areas?

[Debbie Partain]

I just looked a potential SFH to rent long term in Sanford NC because Raleigh is difficult to find a good cash flow deal. Owner is selling no realtor! I need to research the area and see if I'm comfortable with the deal.  So far it seems the preliminary number with taking out a mortgage vs paying cash would generate a positive cash flow of approximately $380 a month. I'm a little hesitant because I just went into contact on my first investment!! A Condo in Sarasota Fl,  5.5 miles from Siesta Key beach