All Forum Posts by: Matthew E Weber

Looking to connect with some contractors throughout Eastern NC. I regularly get deals in the area. Both my investors and I are all looking to build teams for future projects and would love to connect. 

Investors, if you have any recommendations or reviews on contractors you have previously used it will be much appreciated as well. 

Looking to connect with people investing in the Durham area of North Carolina!

Let's connect!

My company regularly host events in the area called REIonTap. I'd love to connect with you and talk more about it. We'd love to have you join us at our next event. 

I am talking about in the Fayetteville market most houses that I am moving are priced from low to high 100s purchase price with significant value add potential. Many of these properties are perfect for doing either Fix & Flip or Buy & Hold. If you went through a hard money loan, VA, FHA or other financial means you are able to purchase multiple cash flowing properties for the single price of your current property.

Fayetteville is one of the best Buy & Hold Markets in the nation and has been for a long time. If we went to war it would not effect your rental. The military would need more personnel and Fort Bragg is known as the Mecca in the military as well as being the largest military base for personnel. That doesn't include the DOD civilians and contractors. Being a veteran it is know throughout the Army that Fort Bragg gets everything first. (equipment, personnel, funding). 

The Housing allowances also just increased at the beginning of 2023 so that mean service members and veterans in the area using their GI Bill have more money to put towards rent. 

If you rent out your property it could bring you good returns. If you based your estimated value of your home off accurate and similar comps then you could easily buy 2 properties to buy and hold in the area and see a larger return. I regularly get and sell properties in the area working directly with investors. 

Horace, I currently have a 85,504 property available in Sanford NC. I'd love to talk to you more about it. 

With the price points in Raleigh going up. Who is still investing in the area? Want to hear about what peoples opinions on the area and why or why not they invest around the Triangle.

@William Meng Raleigh, Durham and Chapel Hill are great areas attracting a lot of investors right now. The triangle has a lot of traffic from big tech coming in. With that said due to price and interest increases all of the investors my company and I work with are approaching many deals from a flipper perspective versus cash flowing rental. The brokerage I represents works specifically with investors and I have seen the most traffic for rentals with cash flow as the main objective happening in the outlying areas like those previously mentioned along with Fayetteville about an hour south, Rocky Mount an hour east and Burlington an hour west. Would love to talk more about your buy box and the local area for investors.

With all the recent tech activity happening around Raleigh and Durham (google, amazon). Along with the recent announcement that META is moving to the Raleigh, Durham region. What are your investment thoughts and strategies? Are you buying in the area?

@Demon S Rogers Congratulations on that. Are you doing a flip or buy and hold on it?