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Matt Rothwell
  • Investor
  • Arden, NC
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There's a market for this HERE? High end SFH rentals?

Matt Rothwell
  • Investor
  • Arden, NC
Posted Jul 25 2017, 08:22

I was kicking around on Zillow today, and noticed that there's a surprisingly large amount of properties (currently 21 for rent right now in Raleigh) for rent between $2500 and $3500. That seems crazy high for Raleigh, but it seems to be fairly popular, at least from what I could seen on Zillow. Anyone here have their rental business built around these high end SFH rentals? What kind of cash on cash returns are you seeing? How much did your properties cost you in purchase+renovations to get them rent-ready?

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