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Updated over 8 years ago on . Most recent reply

Scheryl McDavid's profile image
Scheryl McDavid's profile image
Scheryl McDavid
  • Rental Property Investor
  • from Wake Forest, NC
  • Member since Aug 3, 2016
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Scheryl McDavid's profile image
Scheryl McDavid's profile image
Scheryl McDavid
  • Rental Property Investor
  • from Wake Forest, NC
  • Member since Aug 3, 2016
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Scheryl McDavid
  • Rental Property Investor
  • Wake Forest, NC
3
Votes |
16
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Real Estate Deal Analysis & Advice

Vacancy Rates in Raleigh, NC

Scheryl McDavid
  • Rental Property Investor
  • Wake Forest, NC
Posted

I'm new to BP and am studying deal analysis. Quick question: How do I find out the average vacancy rate for Wake Forest/Raleigh, NC? Thanks for your help!

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Adam Schneider's profile image
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Adam Schneider
  • Lender
  • from Raleigh, NC
  • Member since Aug 7, 2012
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Adam Schneider's profile image
Adam Schneider's profile image
Adam Schneider
  • Lender
  • from Raleigh, NC
  • Member since Aug 7, 2012
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Adam Schneider
  • Lender
  • Raleigh, NC
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Adam Schneider
  • Lender
  • Raleigh, NC
Replied

@Scheryl McDavid  If you are really serious about buying a place and not just doing an exercise, you need way more information. The student condo's near NC State are so different than the high end newly built Condos downtown and those are different than the older 2/1s in WF, which are different than the 3/2s....I agree with the comment above--10% is a reasonable number.

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