BAD AREAS IN THE TRIANGLE

[Jason Malabute]

Would you guys agree that :

1. North Boylan, Eastside of Warehouse District, Battery Heights, and Quarry Hill are the worst parts in Releigh ? Should 27610 and 27601 zip code be avoided in Releigh?

2. is the 27514 the worst part of Chapel Hill?

3.Is the "Golden Belt" worst part of Durham? is 27701 a bad zip code in Durham

4 What are the bad zip codes in Durham, Releigh, and Chapel hill?

5 . what are the B neighborhoods and zip codes in   Durham, Releigh, and Chapel hill?

[Katherine Serrell]

I'm a Raleigh native and local agent and investor. Raleigh doesn't have any "bad" zip codes in my opinion. All of the zip codes have vastly different properties in them unlike every other city I've looked at. Durham is a MUCH different story and I've had numerous awful experiences there and Durham does have "bad zip codes" I'm not not as familiar since it's not my primary market. The C neighborhoods in Raleigh are anything east of Capital Blvd, anything around MLK Drive and Rock Quart Road. So basically anything inside the belt line in southeast Raleigh is dicey. There are a lot of tear down/new builds going up in the C areas close to downtown in the 400k-1M range but it really is street-by-street in those areas and google earth isn't exactly reflective since those "up and coming" areas consist of mainly new builds and a few flips. There are some B neighborhoods in north east Raleigh around Capital Blvd but it's really hit or miss. The price to rent ratio in Raleigh is awful at the moment because rents haven't caught up with the prices. I know people still making money on upper-end flips (500-700k ARV range). However, your best bet would be anything north inside the "outer belt line" or close to NC State University. There is TONS of road construction underway so if you are looking at properties near a highway check with city planning to make sure they won't be planning on paving through your front yard. Raleigh is 10x more competitive than Durham so finding good deals in Raleigh is really difficult at the moment…( Opendoor and Zillow have ramped up their acquisitions here and buy whatever they can get their hands on that's under 300k.) Happy to answer specific questions or take a look at the list of properties you have.