Investing in real estate can be very profitable. Savvy investors have used real estate for years to build their financial portfolios with impressive results.
One of the main benefits associated with real estate investing is the appreciation in the value of the property. The Triangle area has been growing rapidly, and overall North Carolina property values have increased roughly 4% per year over the past 30 years. Like many investments, holding a real estate investment for a long time is the best approach for success.
Another benefit in investing in Triangle real estate is that there has been a strong demand in the rental market. The Triangle area is being featured in the news as one of the best places to live in the country, and Raleigh rents have appreciated an impressive 7.63% in the past year (source: All Property Management). The National Association of Realtors estimates that rents in Raleigh and Cary have increased 16% over the past five years. Rising rents coupled with low vacancy rates means the market is ripe for educated investors to invest wisely in rental properties and experience increased cash flow as rents increase.
As valued real estate advisors for many successful investors, we would welcome the chance to use our education and experience to help you find the right investment to meet your financial goals. For further questions please contact us through the website, or through TriangleHouseHunter@gmail.com.