A mentor of mine with 400 units had said I can use a large seller credit to cover most of the down payment on a property I'm looking at.

The market's steady growth ensures that homebuyers and rental property investors can capitalize on the area's potential.Key Economic Indicators:Average Wage in 2024: $59,586Five-Year Compound Wage Growth: 3.73%Total Employment in 2024: 748,600Five-Year Compound Employment Growth: 3.14%Unemployment Rate in 2024: 3.8%GDP Per Capita (2022): $70,178Affordability Indicators:Median Home Price in 2024: $447,526Five-Year Compound Price Growth: 9.35%Median Rent in 2024: $1,797Five-Year Compound Rent Growth: 5.91%Rent-Price Ratio: 0.4%With steady wage and employment growth and an unemployment rate below the national average, the Raleigh-Durham area is a prime market for real estate investment.

Can anybody talk me off the Appfolio ledge?

Share your experiences from the BRRR, RV Park, or Fix & Flips, and position yourself as someone others can learn from.

You’re already familiar with the BRRRR method, and scaling up to a 20+ unit property can provide economies of scale and potentially higher returns.Acquisitions, on the other hand, are like BRRRR for businesses buying underperforming businesses, improving them, and reaping the profits.

Steady appreciation in home values also means that investors can see strong returns in both short-term flips and longer-term holds.Areas like Midtown offer more high-end opportunities, while more affordable neighborhoods like Frayser provide solid entry points for investors just starting out.

Buying an older home from the 1950s can definitely come with surprises, and the need to replace electric, plumbing, and drywall is a big job.

Maybe you can go into a little bit more detail exactly what you’re offering. :-) 

First I want to thank you for reading, I am new to the investment market and the idea is exciting and terrifying at the same time.A few facts:Purchase Price: 325,000Rental Income Estimate: $5250Property details: This is a 3 door property:1. 1/1(main building)2. 3/2(main building)3. 2/1(separate building)Repair estimates to get all 3 properties up and running: $145,000 - $200,000I do not have a ARV since its very unique there is not anything we can compare to but I am looking to get a third party appraisal.Plan is to do a mortgage for the property with cash down payment.

Would love for you to come out and network with other local investors, meet some of the trades and see if you can make some connections to help you get started.