Investor in Alamance, NC area

Investor in Alamance, NC area

Title Representative · Loudoun County, VA · Member since 2017 · 6 posts · 0 votes

Hey everyone


Im a college student from Durham, NC but am trying to start investing in the Alamance area due to the lower prices of homes. I have spent the last 3 years in the Alamance area, but have just begun researching the possible investments. Being a new investor to the area I would like any information from an investor already in the area, such as:

Where is the best location to invest?

Do you know any good realtors specifying in investing?

Have you had any issues finding deals?

Where have you located your deals?

Any information would be very much appreciated.

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  • Rental Property Investor · Chapel Hill, NC · Member since 2017 · 144 posts · 89 votes
    8y

    Hi James -

    Welcome to BiggerPockets. I can see the appeal of real estate investing in Alamance County. I've been looking at the area as well. I would look at proximity to I-85 and related to that, drive time to the Triangle - on both fronts, the shorter the better. As the Triangle grows and gets more expensive, more commuters will move that way and I think these areas are going to go up in value and see strong rental demand. 

    Here's a couple of suggestions. First, check out Triad MLS; they have a more comprehensive inventory than Zillow. Second, check out Triad REIA which has a subgroup for Burlington investors; https://www.triadreia.org/. Finally, Bill Sandford might be a good agent to talk to. I only spoke with him briefly but he sells a lot of single family in the area. I'm looking for multifamily and that's not what he specializes in.

    Good luck with your search -

    Greg

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