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Updated almost 3 years ago, 01/16/2022

User Stats

87
Posts
25
Votes
Sean Ade
  • Real Estate Agent
25
Votes |
87
Posts

Moving to Raleigh North Carolina

Sean Ade
  • Real Estate Agent
Posted

Hey BP. I'm going to be selling my duplex which I've househacked over the past 3 years in Portland OR and moving back to where my family is in Raleigh NC. Since the duplex was my primary residence, I won't have to pay capital gains tax which is great. So my plan is to take my profits and buy a small multi in the greater Raleigh area. I know Raleigh has exploded the last few years so I'm looking to go right outside city limits in the path of progress. I'm wondering what areas you'd recommend looking in? I'll have about $150K to invest and am hoping this would be enough to get into a 6-10 unit. TIA!