My name is Sindy I currently live in Brockton, MA. But recently I decided to sell my house and made over $100K - this has since peaked my interest in the real estate business. I'm leaning towards owning multiple rental properties possibly even some STRs. I've done some research and I think Raleigh, NC is where I'd like to move to and purchase my investment properties. Looking to connect with any experienced Real Estate agents in the area that can help me find the best deals with properties that will cash flow. Ideally I'd like to first purchase something like a duplex or a multi family so I can move in to one of the units and rent out the rest, from there once I'm settled I'd start to look into more investment properties. Any advise is also more than welcome!
Real Estate Broker · Raleigh, NC · Member since 2020 · 29 posts · 30 votes
4y
Hello Sindy,
I am a real estate agent in Raleigh, NC and surrounding areas. It's a great choice for a place to call home. I have worked with both investors and people relocating to the area and have extensive knowledge not only of the area, but also what investors are looking for. In general, multifamily in Raleigh/Durham area are few and far in between, due to zoning regulations from the 80s-90s. Currently there are only about 30-50 in our MLS at any given time. They are typically older and require TLC. The zoning just changed again to allow for duplex/multifamily development in the area, so I expect we will get pockets with duplexes on them soon. I will PM you with my contact details, should you choose to reach out for more info!
Real Estate Broker · Raleigh, NC · Member since 2020 · 29 posts · 30 votes
4y
Hello Sindy,
I am a real estate agent in Raleigh, NC and surrounding areas. It's a great choice for a place to call home. I have worked with both investors and people relocating to the area and have extensive knowledge not only of the area, but also what investors are looking for. In general, multifamily in Raleigh/Durham area are few and far in between, due to zoning regulations from the 80s-90s. Currently there are only about 30-50 in our MLS at any given time. They are typically older and require TLC. The zoning just changed again to allow for duplex/multifamily development in the area, so I expect we will get pockets with duplexes on them soon. I will PM you with my contact details, should you choose to reach out for more info!
Real Estate Broker · Raleigh, NC · Member since 2016 · 17 posts · 16 votes
4y
Hi Sindy,
As a very biased Raleigh native, the Triangle is a phenomenal place to live and invest! I'm an active investor and also lead a team of real estate agents who serve a number of investors with different strategies (house hacking, Airbnbs, buy and hold, fix and flip, land, etc). I would love to share what's working for our clients and will send you a PM.