Realtors in Raleigh for SFR flips and buy-and-holds?

Question

After 15 years of living overseas, we are moving back to the States before the end of 2020 and have chosen the Raleigh area as our landing pad.  We are looking to do a live-in flip for our primary residence and will also be in the market for SFRs and multifamily syndications.  I have a portfolio of SFR buy-and-holds in the Philly metro area and do some private lending for flips, so I have a decent command of the fundamentals but I know absolutely nothing about the Raleigh market.  We are looking for a realtor that specializes in working with investors on SFR flips and buy-and-holds and would love to hear from referrals or realtors.  Thanks so much, stay safe and be healthy!

Russell Brazil · Answer

I second that, reach out to @Dawn Brenengen

Ryan Daigle · Answer

@Jon Allen Jr welcome to the area! You chose a great spot for living and investing.

You should speak with Dawn Brenengen at Trailwood Realty for your residential needs.

I’m on the multifamily side but would be happy to chat about that as well when you touch ground here.

Roman Santos · Answer

Hi @Jon Allen Jr. How's it going?

Did you make your move yet? I am back in Virginia after a stint overseas for 7+ years. We are in the process of making a decision between Houston, TX vs. Raleigh-Durham-Chapel Hill, NC. I am glad to have stumbled upon this thread while perusing the forums. The thread already has a ton of information for a beginner like me. Hope you have a hassle-free move. Stay safe.

Desmond Dunn · Answer

Welcome to Raleigh @John Allen Jr.  I would recommend if you are looking for a live in flip as well as buy and holds in this area you should lock in a relationship with a local wholesaler.  They will be able to find you some deeply discounted properties in the area that will help with cash flowing in this area since the properties are going to be in a higher price point.   Raleigh, Durham, Cary are going to be your greatest appreciation areas for your live in flip.

Bryan Schenker · Answer

@Jon Allen Jr

Hey John early welcome to the Raleigh area! Raleigh is an exciting and booming area I am sure you know. My wife is a realtor here in the Raleigh area and I am a licensed general contractor and we own Patriot Construction. We have completed multiple flips as well as assisted customers with a variety of strategies. If you have any questions and need to speak to somebody about either real estate or remodel costs/needs here in the area feel free to reach out!

Jon Allen Jr · Answer

@Jimmy O'Connor, I grew up in the Philly area, but have lived overseas for the past 15-20 years.  I was looking for a second-tier MSA that had strong market growth fundamentals in combination with liveability.  I was looking at the Main Line primarily for schools for our kids (Lower Merion, Radnor, TE school districts), but home prices and cost of living were pricing me out.

Jon Allen Jr · Answer

Wonderful!  Thank you all so much for your responses.  I'll be reaching out off-thread to follow up!

Chris Carrigan · Answer

Hi John,

I’d be glad to help you out.  My wife and I are a Realtor team and live in Wake Forest.  I’m also an investor and  living in what was supposed to be our residential home flip, but we ended up liking it here😂.  Have also done another flip, though had to go to outskirts of the triangle for that deal.  It’s a very tough market here for flips due to the supply shortage, buy and holds do well due to a strong rental market.

Chris Carrigan

Team Carrigan at EXP Realty

Phillip Bradrick · Answer

@Jon Allen Jr You won’t regret the decision to move to the Raleigh area. We love it here and it has so many great elements and is still relatively affordable.

I’m an investor and RE agent/ property manager. I’m happy to help you in any way I can. If you need input on the market, locations, rents, or anything else feel free to reach out. And maybe with things opening up we can grab coffee and I can introduce you to the best coffee shop in the Triangle.

John Blanton · Answer

Welcome to the area and great selection @Jon Allen Jr!!

I always think it is good to work with a realtor that is also a fellow investor. Check out @Tiffany Alexy she has a portfolio herself in the Triangle and thoughout NC.

Best of luck!

Realtors in Raleigh for SFR flips and buy-and-holds?

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