I would be happy to supply you with the information that you request. What you are requesting should be answered by a buyer's agent. If you are seriously considering fix/flip, let me know. I can help.

Wed May 14 2008, 10:16

I think that you are going to find this type of home all over. The question is where will you be able to sell it the quickest and for the most profit!?
Charlotte Region is the area that is up still with all else going on.
Check outhttp:// www.hmbireo.com

Tue May 13 2008, 07:41

Nikki -

Great question! There are many opportunities within the Triangle area. Home appreciation in Cary is still strong and there are many opportunities to purchase stressed homes or even just older homes complete valuable updates which include the Kitchen and Master bathroom...update landscaping and turn the home into a profit. I'd love to share some marketing comps with you and do some research on specific homes that are available. Remember the market in the Raleigh area is still strong. Please feel free to visit my website athttp:// www.LindaTrevor.com or call my office at 919.469.6543.

Tue May 13 2008, 06:49

Hello Nikki,
The Outer Banks is a wonderful area to purchase a "fixer upper". We have many homes on the market that with a little TLC can be sold for a higher market price. We have a very special housing market because we are located on an Barrier Island close to the Atlantic Ocean. If you would like more information about our area or would like to me to pull a MLS search according to your criteria to see what is available please contact me: Nicole Bouker - Coldwell Banker Seaside Realty - (252) 202-1147.

Fri May 9 2008, 08:49

You should check out my neighborhood in Raleigh. There are some deals around if you can do some fix-up to flip. I would love to show you that ones I think are bargains.

Wed May 7 2008, 09:01

THANK YOU ALL VERY MUCH FOR YOUR ADVICE> I will digest all of it and be in touch. Nikki

Tue May 6 2008, 14:59

I live in Durham, so of course I think this is a great area, Downtown is really moving quickly but there is plenty of room for investment. The Triangle has shown some appreciation all through the downturn in the market nationwide. I would be happy to send you some properties if you send me a little criteria... Good Luck
Michael

Tue May 6 2008, 07:37

Nikki,If you currently live in the triangle area,Downtown Raleighis the best area of opportunity although it has slowed a little in the past 6 months.
I would reccommedn a house witha t least 1000 sf and be able to convert to at least 3 bedrooms and 2 bathrooms.If you have any further interest I have flipped 7 properties in this area in the past 2 years and I would love to assist you in your investment property search

Tue May 6 2008, 03:41

Nikki,
Of course I am partial but the triad area (Greensboro, Winston Salem, and High Point) has had a steady increase in home values. Now the Triangle area you are in is good also. The saying goes is to find the worst home in the best neighborhood. Of course it depends on your price range and how much of a fixer upper you are wanting. For government foreclosures in your area check HUD.gov. You can contact a realtor in whatever area you decide on and they can dig up the best deals for you. One thing you have to consider is do you want to just get involved in cosmetic fix ups or are you ready to take on something bigger? Are you ready for plumbing problems, roof problems, or electrical? Decide on your price range and then decide on how much you want to commit to your renovation budget. Then get a good home inspection and make a plan/budget. It is a good field to be in and you can make money just be very prepared and plan, plan, and then plan for the worst. I have done my share but, I do most of the work myself and contract out very little.
To get back to your question; I know the triad areas home appreciation is a steady 3 to 4% per year and has not faltered. Of course some areas are more then others.
I would get a home close to your area, long distance investments like this don't usually come out well. You need to be able to supervise and be there often.

Good Luck and happy house hunting. Hope this helps.

Larry Story
Coldwell Banker Triad

Mon May 5 2008, 20:48