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Updated about 1 year ago on . Most recent reply

User Stats

280
Posts
272
Votes
Benjamin Carver
  • Real Estate Agent
  • Raleigh, NC
272
Votes |
280
Posts

Raleigh vs Durham - Let's Hash It Out

Benjamin Carver
  • Real Estate Agent
  • Raleigh, NC
Posted

From an investing standpoint, I'm curious where people lean on this spectrum..

  • Benjamin Carver
  • Podcast Guest on Show #30
  • Most Popular Reply

    User Stats

    237
    Posts
    282
    Votes
    Cory J Thornton
    • Real Estate Agent
    • Raleigh, NC
    282
    Votes |
    237
    Posts
    Cory J Thornton
    • Real Estate Agent
    • Raleigh, NC
    Replied

    @Benjamin Carver - I think that this is a neighborhood by neighborhood discussion ... so much changes between zip codes. Both cities have a good proximity to big industry moving to the area and big developments forming in the area. I personally think some of the best appreciation with a 5-10 year outlook will be in South and South East Raleigh. Most folks here in the BP community are keenly focused on cash flow, which in an economy and rate environment like this, is probably a safe approach. With that as the case, there are very few deals that produce a positive cash flow, without a heavy value add, with a Raleigh or Durham address. 

    Personally, I'm looking more at things in a 45 min commute to these areas than I am inside of these areas. 

    Great conversation starter. I am interested to see what everyone else has to say. 

    • Cory J Thornton

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