Starting off in Raleigh

Starting off in Raleigh

Investor · Raleigh, NC · Member since 2015 · 13 posts · 3 votes

Hello everyone! I just wanted to introduce myself to the group. My name is Christopher and I just moved to Raleigh a few weeks ago. I am originally from Massachusetts. I am working on getting into wholesaling as well as flipping properties here. I am working with a cash investor up North who is open to deals here. I am looking to network with people around the area and learn about what the market is like here. From what I've heard so far there are plenty of buyers but low inventory. Also rentals seem to be a big thing here as well. There are a lot of townhouses here which is something new to me. What has everyone's experience been like investing in townhouses? I'm also looking for an investor friendly title company to work with who will be able to do double closings/assignments. I realize I threw a lot out there. Any information or advice will be greatly appreciated and I hope to hear from you!

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Investor-friendly agents in Raleigh, NC

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Uriah D.Pro Member
Investor · Apex, NC · Member since 2014 · 340 posts · 188 votes
11y

@Christopher Drabato

Welcome to Raleigh!  First off, we use RE closing attorneys here not title companies . Justin Taylor and wayne roper with roper and Taylor law firm off six forks rd have been great to work with. Plenty of buyers from the crazy northerners moving down. Strangest thing?!  Let me know if I can help with anything.  PM me if you have any more specific questions about working in this town. 

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  • Uriah D.Pro Member
    Investor · Apex, NC · Member since 2014 · 340 posts · 188 votes
    11y

    @Christopher Drabato

    Welcome to Raleigh!  First off, we use RE closing attorneys here not title companies . Justin Taylor and wayne roper with roper and Taylor law firm off six forks rd have been great to work with. Plenty of buyers from the crazy northerners moving down. Strangest thing?!  Let me know if I can help with anything.  PM me if you have any more specific questions about working in this town. 

  • Professional · Carlsbad, CA · Member since 2012 · 12k+ posts · 1k+ votes
    11y

    @Christopher Drabato

    Welcome to Bigger Pockets. BP is full of resources. You will find resources here from blogs to pod casts and forums. You can also send messages to members. This is one of my favorite features of Bigger Pockets especially for asking specific questions.

  • Property Manager · Raleigh, NC · Member since 2015 · 21 posts · 5 votes
    11y

    @Christopher Drabato Welcome to BP.  It is a great forum for all levels of real estate investment interest.  Use the search option and you will get answers to most of your questions.  As mentioned by @Uriah D. in NC, an Attorney conduct closings along with other related activities. On town homes, not sure what exactly your question is but they have a good market for rentals and keep an eye on the HOA Due amount and details. Good Luck!

  • Wholesaler · Columbia, SC · Member since 2015 · 123 posts · 15 votes
    11y

    @Christopher Drabato, welcome to BP!  This is a great site with great resources and people.  Be sure to use them.

    I'm a wholesaler in Columbia, SC...let's connect!

    Ashley J. 

  • Brandon TurnerPro Member
    Investor · Maui, HI · Member since 2009 · 13k+ posts · 3k+ votes
    11y

    Hey @Christopher Drabato welcome to the site! Definitely start jumping into the community here! If you haven't checked out the The BiggerPockets Podcast yet, I highly recommend it! 

    You may want to check this post: The Ultimate Beginner’s Guide to Real Estate Wholesaling

    Seeya around the forums!

  • Dawn BrenengenBusiness Member
    Moderator
    Real Estate Broker · Raleigh, NC · Member since 2014 · 2k+ posts · 1k+ votes
    11y

    @Christopher Drabato Welcome to Raleigh and to BP! Townhouse can be great. Just make sure the HOA fees are not too high and that the HOA has plenty of money in reserves for capital expenses.

  • Wholesaler · Raleigh, NC · Member since 2015 · 66 posts · 22 votes
    11y

    Hi @Christopher Drabato Welcome to Raleigh and to BP. 

  • Raleigh, NC · Member since 2015 · 16 posts · 9 votes
    11y

    Welcome Christopher!

    If you haven't heard already, there's a Raleigh BP meetup tonight.

    Hope to see you!

  • Investor · Raleigh, NC · Member since 2015 · 13 posts · 3 votes
    11y

    @Leonard L.i'll be there!

  • Raleigh, NC · Member since 2015 · 40 posts · 6 votes
    11y
    Welcome to Raleigh. I am new here and also looking to get properties in the Raleigh area. I am looking at town houses to get the maintenance low and rent faster. Is this a good idea for a newbie?
  • Investor · Raleigh, NC · Member since 2015 · 13 posts · 3 votes
    11y

    Welcome @Mark Shafer! As far as townhouses go, I am still learning about townhouses. Be careful with HOA fees and see what those include. BP has plenty of information. Just poke around and ask questions and you'll get the answers you are looking for!

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