All Forum Posts by: Wes Reed

Hey BP, 

As we know, the 2% rule is a widely used guideline in real estate investing, which states that the monthly rent should equal 2% of the property's purchase price. This rule is often used as a quick way to evaluate the potential cash flow of a rental property.

However, with the recent changes in the real estate market, many investors are questioning whether the 2% rule is still relevant. On one hand, rising home prices and interest rates are making it more difficult for rental properties to meet the 2% threshold. On the other hand, the strong demand for rental properties in many markets is leading to higher rents, making it easier to meet the 2% rule.

So, is the 2% rule still relevant in today's market?

Great goals, Asad. Best of luck. Let's connect!

Hey Folks,

I hope this post finds you well! I recently started exploring the real estate market in the Raleigh/Durham area, and I have to say, I'm impressed with what I've seen so far. The combination of a growing economy, increasing population and improving infrastructure make this region a prime opportunity for real estate investment.

Some key points to consider:

• Strong job growth: The Research Triangle region is a hub for tech, biotech, and pharmaceutical companies, driving job growth and attracting top talent.
• Affordable housing: Compared to other major cities, the cost of living in Raleigh/Durham is relatively low, making it an attractive destination for those looking to buy their first home or upgrade.
• Growing population: The area's population has been steadily increasing, with a projected growth rate of almost 10% by 2030.
• Developing infrastructure: New transportation projects, such as the Durham-Orange light rail, are making it easier for residents to get around, further boosting the appeal of the area.

If you're looking for a real estate market with solid fundamentals, steady growth, and room for appreciation, I would definitely recommend considering Raleigh/Durham. As always, it's important to do your own due diligence, but I believe this region offers a lot of potential for those willing to put in the work.

What are your thoughts on the Raleigh/Durham real estate market? Let's start a discussion!

Best regards,

Wes Reed

Connection request sent!

@Bryant Brislin just sent a DM. Look forward to speaking.

Any thoughts on who or what the best wholesaling coaching or mentorship program there is out there?