by Barker Realty, Inc. | Feb 19, 2019 | Property Management Blog, Property Selection, Raleigh Investment Property, Raleigh Property Management
Raleigh is a booming city with a lot to offer. Its abundant attractions, high-quality school systems, and convenient central location earned it a #3 spot on WalletHub’s list of 2019’s Best State Capitals to Live In this year–the latest in a long list of accolades. WalletHub compared 54 key indicators of affordability, economic well-being, quality of education and health, and quality of life to reach its conclusion. Read on to learn why Raleigh is the perfect place to grow a career or raise a family.
Raleigh’s thriving economy
Raleigh’s economy is diverse and growing. It’s home to major employers like Duke University and Health System, Wake County Public Schools, and Duke Energy Progress. A major hub of science, research, and technology, Raleigh has no shortage of business opportunities. The city’s favorable tax laws make it easy to start a new business.
Raleigh real estate: affordable luxury
Raleigh real estate has been significantly increasing in value over the past few years. Since 2011, the average price of a home in Raleigh has doubled. However, Raleigh real estate is still more affordable than housing in the vast majority of US cities. The thriving real estate market is one of the reasons why so many people are investing in the city.
Top Raleigh schools
Raleigh is home to over 11 colleges and universities, including North Carolina State University, a major research center. Raleigh’s public school system has been nationally recognized for its diversity and innovation, and there are many excellent private schools, charter schools, and early college schools to choose from.
Recreation & activities
Anyone who enjoys being outside will love Raleigh’s mild weather and an abundance of recreational opportunities. Residents can bike, stroll, jog or play ball at many parks and community centers, or hike the mountains close to the area. As for indoor activities, there are countless museums, restaurants, theatres, and historic buildings to explore.
Invest in Raleigh real estate today
With so much to see and do, it’s easy to see why Raleigh was named one of the top places to live. If you’re interested in investing in Raleigh real estate, be sure to call the team at Barker Realty, and one of our associates will be happy to assist you!
by Barker Realty, Inc. | Oct 4, 2018 | Property Selection, Raleigh Investment Property, Raleigh Property Management, Tips for Property Investors
It’s time to invest in Raleigh real estate
Raleigh is a booming city that offers numerous amenities and business opportunities to its residents. In fact, Forbes recently named it one of the best places in the country to start a career. Here’s why now’s the best time to start planning your move to Raleigh, or even invest in some Raleigh real estate!
Business is booming
As the economy improves, the price of Raleigh real estate has increased drastically, as has the pricing in the surrounding towns and cities like Cary, Apex, Holly Springs, Durham, Chapel Hill, and Wake Forest. Even though the cost of living has substantially increased, however, it’s still relatively affordable when compared to other major cities in the United States. Since the property values are likely to continue increasing, now’s the perfect time to buy a Raleigh home or apartment, in order to reap big benefits later.
Why you should raise your family in Raleigh
Not only does Raleigh have great business opportunities, but it’s also a great place to raise a family. Many of the schools in the city and surrounding towns are nationally-ranked, and there are plenty of public and private options to choose from. In addition, the abundance of parks, trails, museums, historical attractions, and shopping centers means there’s plenty of things to do for everyone. Raleigh’s robust infrastructure and continued improvements and additions to roads and highways make it easy to navigate.
How to locate the right investment property
There’s only one downside to Raleigh’s increasing popularity–the real estate market is extremely competitive. According to state data, Wake County is growing around a net of 63 people per day, and every day, thousands of people search for homes. Anyone who wants to purchase real estate in Raleigh or the surrounding markets must be prepared to act quickly and come in with a strong offer–and an experienced Raleigh property management company like Barker Realty can help. Contact us today for more information concerning trends in the real estate market and strategies that will help you find your perfect property for a fair price.
by Barker Realty, Inc. | Jul 18, 2018 | Cary Investment Property, Cary Property Management, Investment Property Blog, Property Selection
Regardless of whether you are looking for a single-family home, apartment or townhome, you will have to spend a lot of time looking at Raleigh rental property listings. You will also have to spend a lot of time visiting the places and talking to people who work in rental property management in Raleigh. There are several things that you can do in order to save time and money.
3. Details
Anyone who works in rental property management will recommend that you pay attention to all of the details in the listings. Pay attention to the floor plan, square foot, storage space and the number of bedrooms and bathrooms. Additionally, you may want to choose a place that is located near shopping centers, entertainment centers, and freeways.
2. Amenities
You will also need to pay attention to the amenities when you are looking through Raleigh rental property listings. Kitchen appliances and heating are not the only amenities that you should be looking for. Private outdoor spaces, ample storage, and in-unit laundry are some of the amenities that you may want your new home to have.
You should also look for shared amenities such as swimming pools, outdoor spaces and fitness areas.
1. The Costs
You will need to make sure that the landlord is clear on all of the costs. In addition to the monthly rates, you will need to pay a security deposit, and you are responsible for the utilities associated with your property. If you are bringing a pet with you, and your property allows it, you will have to pay a pet deposit. You will need to add up all of the costs in order to determine whether the price of the new place is feasible. Barker requires that your income be equal to or greater than 3x the monthly rent.
If you are looking for experienced property management in Raleigh, contact Barker Realty today to view one of our available properties.
