North Carolina Market, Greenville vs Raleigh

[Ben Braddock]

I'm currently debating between two markets. Raleigh NC and Greenville, Nc. I'm from Norfolk VA so either would be new to me but both seem very different and unique from the other. I've been a full time investor since 2002. I own a construction and residential building co. and currently own and manage a 220 unit community in Rocky Mt, Nc (geographically between Raleigh and Greenville and the reason I moved from Va to NC). The rental market in Rocky Mt is pretty soft so I need to look elsewhere for opportunity to grow. Thus the debate to enter either the Raleigh or Greenville markets. Any personal experiences or thoughts would be welcomed.

[Terese Pham]

The Durham market definitely has more inventory than Raleigh at the moment! With the new boutique hotels and businesses looking to plant roots in the downtown Durham area, there are lots of opportunity to buy at lower prices right now. Places near Duke University and the hospital are great investment opportunities too!