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Updated over 3 years ago,

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Vikas Deshpande
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Pittsburgh vs Raleigh - First Home as an investment property

Vikas Deshpande
Posted

Hello everyone, 

My name is Vikas and I recently joined and have learnt a lot from the forums I have visited, thank you so much. I was looking for some advice/opinions, I live in California and have realized buying a house here is not affordable for me, so was looking for other states to buy my first investment property. I want to move to east coast in around 3 years and considering Raleigh (RTP area - Cary, Morrisville, Apex), North Carolina as an option as I have studied there and like it, and Pittsburgh, PA. 

I want to buy a property from an investment perspective, I was wondering which out of these two cities would be preferable in terms of ease of renting (rent per month and the time it takes to rent it out). I am open to learn about other cities as well. What I am looking for from this investment property is that the rent covers mortgage and may be I have a positive cash flow. 

Feel free to ask any questions, this is my first post here and I apologize in case of any mistakes. 

Thank you and I look forward to hearing more about your opinions.

Regards,

Vikas

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