Rental Real Estate Investment in and around Raleigh

[Ashish Gambhir]

Hello Everyone. I recently joined the forum and would like to quickly list my requirements without much ado.

1. First time investor, looking for cash flow.

2. Planning to invest in Research triangle are of NC for rental.

3. Budget between 300K and 400K.

Any areas that have the potential for a good cash flow?

[Mitch Miller]

@Ashish Gambhir like most have said it will take some creativity or a lot of work to get a cashflow rental in the Triangle.  You will also be battling everyone else looking for the same.  I would suggest looking at Alamance county.  It is growing like a weed and there plenty of growth left to be had.  We are seeing people move from higher cost of living areas like Raleigh, Durham, chapel hill, and even Greensboro.   I have seen a lot more success from my friends getting cashflow in that area.  Best of luck either way!