Hi, I am thinking of investing in Burlington/Graham areas in North Carolina, and possibly, move there later.

Nakula
Home Buyer
New Jersey

I would like to know more about these areas, such as market trends on multi units (4 and higher), rents-1, 2,and 3 bedrooms apartments, jobs, schools, populations etc. Any suggestions? nakula@verizon.net

Answers (5)
J
Agent
Greensboro, NC

Hello Nakula,

I would advise that you research, find and contract with a good realtor first and foremost. To start with, an important aspect of investment property is knowing appreciation values based on a 5-year period or longer. If a property can hold or exceed values through the current shifting market (12 months) then you can bet you've found a nice property that will benefit you in the future. Your realtor will be able to access information relating to rentals in any specific area you choose. Properties near a school or college is advantagous.

Your choosen realtor can pull data based on sold properties within an .8 mile - 1 mile radious of the subject property to include seller concessions and incentives which impact the final closing price of a property. These comps should include only sold properties over the past 7-8 months. The appreciation analysis should include 5+ years of information. Knowing all the facts of how a property performs is key to making a great investment.

I love real estate!

Best of luck to you

Thu Nov 13 2008, 21:25
Larry Story
Broker
Greensboro, NC

Nakula,
So are you looking more for a commercial property or residential. My counterpart in commercial is better prepared for this question. If you like I can put you in touch with him.

Hope this helps,

Mon Nov 10 2008, 19:51
Trisha S. Whita...
Agent
27302

I'm a real estate professional in this area, and would love to help you find a great investment and then a greathome later. I believe you can access me through this site and hope to hear from you soon.

Thu May 8 2008, 11:01
John Horton
Home Seller
Wilmington, NC

Hi Graham,

If you are considering real estate investment in North Carolina, take a look at homes in the Wilmington area. I am an Agent there, and we have amazing projections for the next few years. Forbes just ranked Wilmington NC #3 for Hot Real Estate Markets, and CNN/Money Magazine ranked Wilmington #7 in the entire country for the next 5 years. Take a look around my website to get a better feel for the area, and you can search for homes there too with my MLS Home Search.

Best,

John Horton
Laney Real Estate

Sun May 27 2007, 13:36
Ramesh Nyberg
Agent
Miami, FL
FIRST ANSWER

If you would like, I'll be happy to put you in touch with a Real estate professional in that area.

Sun May 27 2007, 08:41

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