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Updated almost 11 years ago, 01/27/2014
From Raleigh, North Carolina
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!
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?
Welcome to BP! Browse around and you'll learn everything you need to know!
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?
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.
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?
welcome to BP
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.
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.
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
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Hi. I am currently investing in Raleigh market virtually. Looking to connect with investors, wholesalers in Raleigh.
Thanh, I've found a lot of support in our local REIA. Check out www.treia.com for meeting details.