All Forum Posts by: Matt Burns

The Raleigh-Durham market is performing very well this year. I'd love to know if there are other areas in the US that are experiencing the same success. Share you stories!!

If it's been on the market for over a year, you should be able to get this deal at a great price. Mitch is right - invest in an under-valued property that is in a nicer neighborhood.

You'll need to do some research. Look at comparable rentals, see if rents have been increasing, see if recent sales are increasing in price. If you plan on holding the property for awhile, you'll want to look and see what is going on with local shopping, dining, schools, as those factors can impact your property value.

Good luck!

Check with the Real Estate Commission in your state. What you're saying makes complete sense but if you're managing a certain amount of property, they might have some rules that you'll want to be in compliance with.

Hey Andy,

In my opinion, those markets are still on the decline and I wouldn't make any purchases there just yet.

I'm currently managing property in Raleigh, North Carolina. In our stable economy, we're seeing increases in rent of 5% - 10%. It may be a good time to look here as values are on the up-swing.

Good luck!

-Matt