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Updated over 7 years ago on . Most recent reply

Account Closed
  • Boston, MA
1
Votes |
12
Posts

Is Raleigh a good cashflow market?

Account Closed
  • Boston, MA
Posted

Do you guys think the current market in Raleigh is good for cashflow?

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Curtis Mears
  • Property Manager
  • Raleigh, NC
580
Votes |
711
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Curtis Mears
  • Property Manager
  • Raleigh, NC
Replied

We need more information to answer that. Are you paying cash, because then it is a great place to cash flow. If you are financing all of it, it is more difficult. Overall, the market in Raleigh is very hot and nice houses go within a week. Houses that need work, are priced as if they were pristine.  You can work the price down, but still, finding a great deal is really tough. On the flip side, houses rarely stay vacant for more a than a week or 2, and rents have been going up.

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