All Forum Posts by: Asif Aman

Are STR legal in the triangle, and mostly up to the HOAs to allow or not?

@Shane Lafleur Can you please tell us a little more about the Raleigh property? What type of property? What's the price?

@Jake Mercer How much do you charge for STR property mgmt?

 I was thinking about the multifamily properties that are being constructed right now. 

Hi Chris, Since I live in the area, it easier for me to understand whether something is a good investment. 

Hi Everyone, The Raleigh/Durham area has great long term growth potential. What are the options for passively investing in real estate in this area? Are there funds or local investment firms/individuals that one can invest in?

Has anyone gotten a mortgage recently in the Raleigh/Durham are for the primary residence? I was wondering which lenders are offering the best rates for someone with good credit.

@Ashton Levarek Great job!

@James Wise the weird thing is that he’s still making YouTube videos...

It's not for everyone to be manage so many roommates. But it's great financially if you can make it work!

Thanks everyone for your valuable input. I agree with the larger point that you have to look at many factors, and not just the cap rate, to determine if something is a good investment. I also agree with the specific points that have been made, except for the down payment requirement. We have two banks that are willing to lend us with 25% down. 

Maybe I wasn't very clear with my question. I am looking for regular investments; no value add or rehab. And I am looking in A and B class. With those parameters, all other things being equal, I approached a few agents and brokers, and I am presented with deals, residential, that barely cash-flow, however, the commercial ones with much higher cap rates. That's what led to my question.