Skip to content
Raleigh Real Estate Forum

User Stats

7
Posts
5
Votes
Shaum K.
  • Gaithersburg, MD
5
Votes |
7
Posts

Single Family Home Investment in Raleigh, NC

Shaum K.
  • Gaithersburg, MD
Posted May 19 2020, 06:01

My wife and I invested in a multifamily syndication 270 unit in Raleigh last year, which was our first experience in REI. From an active investment perspective, we're thinking that buying a home in Raleigh could be a better cashflowing investment due to the lower prices compared to the DC area where we live. My wife grew up in NC and we have friends who have lived there and liked it or family/friends who live there now, her parents live in NC too so could help us with the home if necessary. From my read of the forums it does seem Raleigh/Cary/Durham it will be hard to find properties that cashflow since it'a sellers market. What advice would you give to us? It's either this or more passive investments in syndications with decent COC returns at least for the short term.

Thank you for taking the time to respond in advance!

Loading replies...