Raleigh-Durham Real Estate Blog

 As a real estate broker and active investor, I often find myself looking at the market trends in other metro areas in comparison with my home market.

I am constantly in awe of the wealth of opportunities to acquire investment properties in the Triangle at very formidable prices.

Take the following examples of properties currently available for sale:

Investment #1
3-year old townhome
Price $140,000
Gross rents $1000
Annual taxes: ~$1555
Annual Insurance: $0 (included in homeowner's HOA payment)
HOA - $80/month (includes insurance and exterior maintenance.)
Cashflow: POSITIVE

Investment #2
Recently renovated Duplex (2-units)
Price $156,000
Gross rents $1370
Annual taxes: ~$1493
Annual Insurance:~ $450
Cashflow: VERY POSITIVE!

Investment #3
Quad (4-unit)
Price $120,000
Gross rents $1400
Annual taxes: ~$1585
Annual Insurance:~ $550
Cashflow: VERY, VERY POSITIVE!!!

As a whole the Triangle remains very affordable for both homeowners and investors.

If the aforementioned properties interest you, or if you'd like to learn more about what the Raleigh-Durham has to offer in the way of investment opportunities, feel free to reach me at tiffany@tiffanyelder.com.

I look forward to speaking with you soon!

-Tiffany Elder, MBA
Broker, Realtor
www.tiffanyelder.com


Posted by Tiffany Elder on March 19th, 2007 7:55 PMPost a Comment (2)

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Tiffany Elder, MBA, Broker, Realtor
Paradigm Properties
5317 Highgate Drive., Suite #211
Durham NC 27510
Office: (919) 260-2507   Fax: (866) 854-4717
Email: tiffany@tiffanyelder.com