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Updated about 4 years ago on . Most recent reply

User Stats

31
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21
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Ellie Ryan
  • Interior Decorator
  • Chattanooga, TN
21
Votes |
31
Posts

North Carolina recs?

Ellie Ryan
  • Interior Decorator
  • Chattanooga, TN
Posted

Hi all! I am scoping out some areas in North Carolina for the next week or so and was wondering if anyone had any recommendations on some good areas to check out? I've already hit Durham, Chapel Hill and am now in Raleigh, which has been my favorite so far, and still have Charlotte left to check-out. I'm looking to buy my first single family and would like for one it to be close to a college campus. Having it close to a body of water would be a plus, but not a requirement. Any insight would be greatly appreciated!

Most Popular Reply

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433
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742
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Tucker Cummings
  • Investor
  • Raleigh, NC
742
Votes |
433
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Tucker Cummings
  • Investor
  • Raleigh, NC
Replied

Honestly, NC is so great for REI that you kind of have to "try" in order lose money here. Some places are better than others, but you really can't go wrong in most.

Raleigh and Charlotte (the two main cities) are tougher cash flow markets, but might be great for flipping. Pretty much everywhere else (minus the really rural areas, but hey maybe you could pick up some sweet farmland) is good for cash flow.

I live in Raleigh, invest in Fayetteville, NC. About an hour and a half south of Raleigh. I like it because Ft. Bragg is there and I rent by the room to soldiers and get a premium on cash flow. It’s been a great strategy.

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