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All Forum Posts by: Vaidehi Sapre

Vaidehi Sapre has started 2 posts and replied 7 times.

Post: Forestville NC VS Garner NC

Vaidehi SaprePosted
  • Investor
  • Sunnyvale, CA
  • Posts 7
  • Votes 1

Thank you everyone. I am now looking more at Garner and Clayton properties.

Post: Forestville NC VS Garner NC

Vaidehi SaprePosted
  • Investor
  • Sunnyvale, CA
  • Posts 7
  • Votes 1

Thank you @Pat Lulewicz

Which All areas do you work in and how much does the property manager charge?

Also how is Fuquay Varina area?

There is a interest rate hike this week and how is market their responding to it. You think the house prices will come down or settle there. Cos with current interest rates nothing is making cashflow positive.

Post: Forestville NC VS Garner NC

Vaidehi SaprePosted
  • Investor
  • Sunnyvale, CA
  • Posts 7
  • Votes 1
Quote from @Sammy DeStefano:

@Vaidehi Sapre

Garner, NC is your way to go between those two options. The reason this my opinion is the 540 Hwy project that was approved by the state. 

For those new to Raleigh, NC - there are two main highways that create a tight circle around the city of Raleigh.... the first is referred to as the 'inner beltline or the 440 Hwy' and the large ring that goes around the city is referred to as the 'outer beltline or the 540 Hwy'. However the 540 Hwy is incomplete at the moment. It looks like an upside down nose ring with the 'Southern Raleigh' area of Garner, Clayton and Fuquay Varina not complete. The project was recently approved and is racing towards completion with an estimated completion of 2026. I am extremely bullish towards this area.

If you were to reverse search real estate transactions from years past, you will see that everywhere the 540 Hwy is built, equity is injected into properties within weeks/months afterwards due to the increase of population, foot traffic and commercial business entry. Cary, Durham, Wake Forest - every town near the highway since they began.


 Thank you Sammy! Which are the hot rental neighborhoods? Am also looking at Greensboro even though its far out but the house size vs the price is still reasonable. Whwn looking at the RTP area it hard to get positive cash flow. 

And is it good time to look at Charlotte? 

Post: Forestville NC VS Garner NC

Vaidehi SaprePosted
  • Investor
  • Sunnyvale, CA
  • Posts 7
  • Votes 1

Hi, we are new to investing in the NC area. I have seen in forums that prices are increasing here but we still see potential as tech companies are moving there. 

We are looking at the suburbs to have some better ROI. So can you tell me which is better are for rental investment of Forestville vs Garner. Both are close to Raleigh.

Also if there are other recommendations pls let us know.

Thanks

Regards

Vai

Post: Fortune real property management review

Vaidehi SaprePosted
  • Investor
  • Sunnyvale, CA
  • Posts 7
  • Votes 1

Thanks

Post: Birmingham, AL Market

Vaidehi SaprePosted
  • Investor
  • Sunnyvale, CA
  • Posts 7
  • Votes 1

Hi all,

I also have kind of same question about birmingham, Al. Can you suggest some good neighborhoods to look for and is this pure cashflow market or we can also get some appreciation on property?

Howmuch does it take to maintain a property in this market?

Thanks for help in advance.

Post: Fortune real property management review

Vaidehi SaprePosted
  • Investor
  • Sunnyvale, CA
  • Posts 7
  • Votes 1

Hi all,

Has anyone worked with Fortune Real Property Management near dallas, texas? Can you please let me know your experience and recommendation?

Thanks

Regards 

Vaidehi