All Forum Posts by: Rakan Khalid

Hi - i am looking to invest in Raleigh as a first time out of state investor. My goal is a mixture of cash flow and appreciation.

I don’t need to replace my income with the investment right away, but perhaps use the rental income when I retire in 15-20 years.

I am open to SFH or Duplex/Triplex/Fourplex.

What are your thoughts about Greater Raleigh area?

I am an out of state investor looking into investing in a sfh in concord, moorseville, kannapolis, harrisburg, huntersville area. Goal is a mixture of cashflow and appreciation.

Additionally, I may invest in a pre-construction sfh in these areas.

What are people’s thought about these areas in the context of my goal.

Thanks.

@Kasia Harmata

Would you mind sharing the excel sheet?

@Henry Clark and @Chad Hale - thank you for your reply. I will check if I can subdivide but storage may not be possible given zoning. Here is the zoning: https://www.codepublishing.com...

@Connor Doyle Thanks. Are you suggesting to build rental units? I am not sure if I can build multiple lands as the zoning allows for agriculture land or a single family residence with an ADU. In fact this is what the zoning allows:

https://www.codepublishing.com...

I have a 5 acre residential / agriculture zoned land south of san Jose in Gilroy, California.

What are the best ways to monetize it? My land is close to where Amazon recently acquired 66 acres of land. I am paying taxes and losing money. My understanding is farmland prices don’t increase much and I should look at ways to monetize it. Renting to farmer is an option but my research indicates rents are like $1500-$2000 per year for a 5 acre land.