Is Raleigh a good place to buy property as a rental investment?

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Is Raleigh a good place to buy property as a rental investment?

I hear there are lots of rental vacancies. Can someone confirm this?
What area of Raleigh do you think is the best inmvestment?

2006-07-05 13:57:13 · 2 answers · asked by Finnigan 1 in Business & Finance ➔ Renting & Real Estate

2 answers

Research an area that you are familiar with. Learn the local area market. Get familiar with the property prices, rents and rental incomes. Take in consideration the loan payments and upkeep, maintenance, tax and expenses. More research should built your confidence in your investments.

2006-07-05 20:20:16 · answer #1 · answered by Skywalking 3 · 0⤊ 0⤋

all places are both good and bad to by investment property

it depends on the specific property and the price you pay

2006-07-05 14:00:34 · answer #2 · answered by enginerd 6 · 0⤊ 0⤋