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Best Investment property type in Raleigh, NC

I'm interested in buying an investment property in Raleigh, NC and would like to get an advice on the best type of property that would give the best rental return and have a good appreciation on the long term. what would be the best locations for this type of property ?

Thanks
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December 29 2012 - Raleigh
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Really depends on your price point, how long you want to hold it etc. Are you going to use a property management company or are you going to take care of the property?
Consider areas around the colleges, like NC State, you might also consider the Duke area in Durham and UNC area in Chapel HIll.... I recommend .always a home first, hen townhome.
The downtown area is booming, as is Raleigh, according to Forbes its the #2 boomtown in the States.
http://www.forbes.com/pictures/edgl45fkm/no-2-raleigh-n-c-2/
I am a local realtor in this area, feel free to email me if you want more information.
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December 30 2012
Like Sharon said that is going to depend on what your goals and situation are.  I agree that typically a house can be the better investment plan.  I do however have investors that like to purchase the 4 bed/4 bath condo's near NCSU that rent for $1600 and have onsite property management.  It is important to know if you are looking for a better return monthly or if appreciation is more important.  Price point is also a key factor on what the best areas would be.  I work with a large number of investors who buy to both hold and rent as well as flip and have been in the Raleigh market for 17 years.  Feel free to contact me here through Zillow if you would like to discuss your specific needs and goals.  I would be happy to help.
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December 30 2012
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I will like to check into the flipping.Is a hundred thousand a good start or should i not just bother?thanks
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March 14 2013
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If you are still looking for a property - I have a townhouse that is only 2 years old and is completely under warranty for another five years. It is currently being rented by a friend of mine and she plans to be there until December. If you are looking to buy a great investment property that will be pretty low maintenance for another five years or so, then this would be a great option for you. It also would come with a tenant included and she has taken immaculate care of the property. I rented it to her for $1200/month until recently and am cutting her a break for personal reasons and currently she is paying $1125. It could easily rent for $1300 though, given how close it is to downtown, the stainless steel appliances, granite counter tops, hardwoods, etc. If you are still interested we should talk! Either way, good luck with your search.
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June 13 2013
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User75311383:
Could you provide more info about the house you mentioned? I have interest in it. Thanks
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October 25 2013
Raleigh is definitely a great market. The Pinehurst market is also very busy with Military families from FT Bragg choosing to live here.  Our rental market is doing very well, more demand that supply.  Many of the rentals are homes from the 80's where parents died and children inherited, then made the home a rental. If you are interested in this type of investment property, I am also a Realtor.  M. Hinesley  
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November 18 2013
 
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