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Updated almost 11 years ago, 01/27/2014

User Stats

25
Posts
8
Votes
Brooks J.
  • Investor
  • Jacksonville, FL
8
Votes |
25
Posts

From Raleigh, North Carolina

Brooks J.
  • Investor
  • Jacksonville, FL
Posted

Hi Everyone,

I bought a duplex and a quad in Raleigh, North Carolina about 10 years ago. I have managed the properties myself since then.

I look forward to the conversation with you folks!

User Stats

788
Posts
284
Votes
Bryan H.
  • Investor
  • Willow Spring, NC
284
Votes |
788
Posts
Bryan H.
  • Investor
  • Willow Spring, NC
Replied

Hi Brooks, welcome to BP. How are your investments going? I have had my eye out on a MF property since I moved to town in January. I haven't seen anything that piqued my interest yet, but I'm still looking.

So what brings you to BP?

User Stats

46
Posts
11
Votes
Ethan Peyton
  • Columbia, MO
11
Votes |
46
Posts
Ethan Peyton
  • Columbia, MO
Replied

@Brooks J.

Welcome to BP! Browse around and you'll learn everything you need to know!

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User Stats

4
Posts
0
Votes
Carlee Busby
  • Real Estate Professional
  • San Francisco, CA
0
Votes |
4
Posts
Carlee Busby
  • Real Estate Professional
  • San Francisco, CA
Replied

Hi Brooks! I live in Raleigh as well -- haven't bought any investment properties yet, but hoping to soon! For now I rent out my home while I'm out of town on Airbnb.com for short-term rental and I'm hoping to do more of that soon! Whereabouts is your duplex/quad?

User Stats

25
Posts
8
Votes
Brooks J.
  • Investor
  • Jacksonville, FL
8
Votes |
25
Posts
Brooks J.
  • Investor
  • Jacksonville, FL
Replied

Thanks Bryan, these two properties are doing reasonably well I think. I've come to BP to look for ways to increase my participation in the local RE market. Like you, I have been looking for additional properties for a while now and ours is a difficult market.

User Stats

25
Posts
8
Votes
Brooks J.
  • Investor
  • Jacksonville, FL
8
Votes |
25
Posts
Brooks J.
  • Investor
  • Jacksonville, FL
Replied

Hi Carlee, my duplex is near downtown in the Five Points area and the quad is in SW Raleigh near Crossroads shopping center. How is your landlording experience been so far?

User Stats

26
Posts
0
Votes
John Thies
  • Residential Landlord
  • Saint Louis, MO
0
Votes |
26
Posts
John Thies
  • Residential Landlord
  • Saint Louis, MO
Replied

welcome to BP

User Stats

2,714
Posts
1,551
Votes
Lynn McGeein
  • Real Estate Agent
  • Virginia Beach, VA
1,551
Votes |
2,714
Posts
Lynn McGeein
  • Real Estate Agent
  • Virginia Beach, VA
Replied

Welcome! We love our investments in Raleigh (started looking there in 2007). I know there is an active investment club there as others have mentioned it on here, might be a good place to network if you don't attend already. I agree deals are much tougher to find in Raleigh these days. We're focusing closer to home right now, but plan to invest more in Raleigh in the next few years.

User Stats

3,405
Posts
603
Votes
Mehran K.
  • Investor
  • Wichita Falls, TX
603
Votes |
3,405
Posts
Mehran K.
  • Investor
  • Wichita Falls, TX
Replied

Welcome to BiggerPockets @Brooks J.!

It's great to see that you're looking to add to your portfolio. Check out this video for help evaluating some deals that come across your table.

User Stats

9
Posts
0
Votes
Dale Moody
  • Involved In Real Estate
  • Raleigh, NC
0
Votes |
9
Posts
Dale Moody
  • Involved In Real Estate
  • Raleigh, NC
Replied

Hey @Brooks_J.

My name is Dale Moody, i'm also new from Raleigh, NC and i'm a Realtor with Cornerstone Properties. Great to see some more people from NC and especially Raleigh in specific.

Sounds like you got a good thing going with the quad property, I bet thats turned out to be a nice call you made 10 years ago!

- Dale Moody

Cornerstone Properties

www.dalemoody.com

User Stats

13,324
Posts
3,944
Votes
Brandon Turner
Pro Member
#3 Questions About BiggerPockets & Official Site Announcements Contributor
  • Investor
  • Maui, HI
3,944
Votes |
13,324
Posts
Brandon Turner
Pro Member
#3 Questions About BiggerPockets & Official Site Announcements Contributor
  • Investor
  • Maui, HI
Replied

Hey @Brooks J.! Welcome to BP!

  • Brandon Turner
  • Podcast Guest on Show #92
  • User Stats

    43
    Posts
    2
    Votes
    Thanh Nguyen
    • Real Estate Investor
    • Louisville, KY
    2
    Votes |
    43
    Posts
    Thanh Nguyen
    • Real Estate Investor
    • Louisville, KY
    Replied

    Hi. I am currently investing in Raleigh market virtually. Looking to connect with investors, wholesalers in Raleigh.

    User Stats

    25
    Posts
    8
    Votes
    Brooks J.
    • Investor
    • Jacksonville, FL
    8
    Votes |
    25
    Posts
    Brooks J.
    • Investor
    • Jacksonville, FL
    Replied

    Thanh, I've found a lot of support in our local REIA. Check out www.treia.com for meeting details.

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