All Forum Posts by: Matt Zothner
Matt Zothner has started 2 posts and replied 6 times.
Post: Raleigh/Durham and Surrounding Areas Meetup - July 2021

- New to Real Estate
- Durham, NC
- Posts 8
- Votes 3
Excited to see everyone out there tomorrow.
Please register if you haven't yet: https://www.eventbrite.com/e/1...
See y'all in downtown Durham!
Post: New Investors in Triangle

- New to Real Estate
- Durham, NC
- Posts 8
- Votes 3
Hot market indeed, have not had much luck so far. Happy to connect as I've been around the area for a while and could learn some things as well.
Just curious, why short-term rentals instead of long-term? Raleigh-Durham isn't known for travel/vacationing as much so I'm not sure how occupancy or cashflow would play out. Just trying to understand, thanks!
Post: Southern Wake County Meetup (Raleigh Area) - April 2021

- New to Real Estate
- Durham, NC
- Posts 8
- Votes 3
Sounds awesome, is this a monthly meetup? Would love to attend more soon now that I've been vaccinated
Post: Looking for best property management company or platform in RDU

- New to Real Estate
- Durham, NC
- Posts 8
- Votes 3
Hi there,
Have recently purchased an investment property and am looking for your opinions on the best property management company in either Raleigh or Durham. A couple things I'd like to know is: What is their fee? How long did it take them to place tenants for you?
I want to hear anecdotal evidence. Or maybe someone can talk me out of using a PM and instead self-manage. Open to all opinions, thanks!
Post: What kinds of returns are you seeing in Raleigh-Durham?

- New to Real Estate
- Durham, NC
- Posts 8
- Votes 3
I appreciate the responses. My best bet for my first deal is likely to be house hacking with low down payment. I agree the 1% is not likely to happen in RDU but cool to hear these other creative strategies. Will have to look into ADUs.
I agree with @Jiri B. in that I need to find a deal and make it work. It won't be perfect but it will get me started.
Post: What kinds of returns are you seeing in Raleigh-Durham?

- New to Real Estate
- Durham, NC
- Posts 8
- Votes 3
Looking for first deal and finding it difficult to break 1% rule or >5% CaC when evaluating properties in Durham. I know deals are there, but should I mainly be focusing on appreciation rather than monthly cashflow?