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Investing in another state
I have a passion for real estate. Living in New York City and for a few reasons I want to invest in Raleigh North Carolina. Does anyone have advice on where and how I should go about deciding on an area in raleigh? Especially since I live I New York. I appreciate any words of wisdom
Most Popular Reply
- Determine exactly what sort of investments you want to go after in Raleigh (single family, multi, etc), what price range, neighborhood quality and what your long term goals are.
- Armed with the above information, connect with Raleigh investors via BP. It shouldn't take but a few hours of reading to figure who the players are in the area.
- Drive to Raleigh. Spend some time with folks you've connected with and the neighborhoods you're interested in.
You're less than an eight hour drive from multiple, high yielding markets. I have to fly 12+ hours to reach mine. No excuses :) Good luck.