by Barker Realty, Inc. | Jan 10, 2023 | Raleigh Property Management, Tips for Property Investors
In our previous post, we discussed the four biggest reasons people move to Raleigh: its abundant job opportunities; access to world-class healthcare; its nationally-ranked higher education options; and its unique central location. But there’s another big reason why people come to Raleigh—it’s fun! Raleigh’s thriving arts, sports, and foodie culture make it chock full of things to do. Below are a few reasons to invest in Raleigh NC property.
Arts, Culture, & Nightlife
Raleigh’s many colleges, and its status as one of the best cities for young professionals, attract young people from all over the country. As a result, Raleigh’s population is extremely young and vibrant. Every weekend sees people flocking to Raleigh’s numerous music venues, theatres, museums, restaurants, and bars. And if the usual nighttime scenes ever get boring, there’s always a concert, festival, or parade happening in Downtown Raleigh.
Basketball & Football
With three major universities located just minutes away, Raleigh’s sports rivalries are fierce, loud, and historic. The NCCA and ACC tournaments are practically city holidays in the Triangle, with every street, hotel, and barstool filling up with excited fans. When basketball season is through, you can watch NC State, UNC, and Duke go at each other again on the football field.
Warm Weather & Greenery
Nestled in the middle of the Piedmont, Raleigh is situated on mostly-flat land that gently slopes eastward towards the coastal plain. The climate is somewhat beachy, too: breezy and mild, with short, warm winters. Snow is a rare occurrence, and it’s rare for the temperature to drop below freezing. Raleigh’s balmy climate make it a favorite choice for retirees and, well, everyone. (The pollen, on the other hand, is another issue.)
Crime & Government
According to the FBI’s Uniform Crime Reports, Raleigh’s reported crime incidents are usually lower than the state and national average. Its neighboring city, Cary, ranks consistently as one of the top 3 safest cities in America.
On a somewhat-related note, Raleigh is also a great place to live if you would like to become more politically involved. As the capital and seat of government for a noted “swing” state, Raleigh is a theatre where national conversations are always playing out.
Need a Raleigh Property Management Company? Call Barker Realty
If you need help finding an investment property management company in Raleigh, contact our agents at Barker Realty. With over 35 years of experience in buying, selling, and managing investment property, we have the experience and industry know-how to help you find a great investment. To schedule an appointment, click here.
by Barker Realty, Inc. | May 6, 2019 | Landscaping & Grounds, Pest Control, Raleigh Property Management, Tips for Landlords
Most states legally require property owners to maintain a pest-free rental, but it’s also good business sense. No one will want to rent from you if word spreads that there are pests, and owners who won’t do anything about it! Then there’s the fact that pests like termites and carpenter bees will actively damage your property, forcing you to make expensive repairs. Here are some ways to keep your rentals as pest-free as possible.
Educate your tenants about pests
When it comes to educating tenants on pests, most rental complexes follow the standard procedure of handing the tenant a sheet of paper and hoping that they read it. You can do much better by having a face-to-face conversation with each new tenant about cleanliness and sanitation. Stress the fact that, this being the South, there are roaches and other pests, and they will enter any place that seems like a comfortable habitat. Encourage tenants to always seal food in plastic containers; always keep a clean sink; seal garbage can lids; and take out the trash regularly.
Inspect and maintain the property
Even if you have a property management company, it’s a good idea to visit the property yourself once every few months to inspect it personally. Check to see that the walls, floors, and foundations are sealed; that garbage isn’t lingering on porches; and that common areas are litter- and trash-free. Encourage residents to report any tiny cracks and openings they may find in their rental units, and look for them yourself during tenant turnovers.
Make sure garbage bins stay closed
Pests, especially rodents, are attracted to food and garbage that’s left out in the open. You can deter them by encouraging residents to keep garbage can lids closed at all times. It might also be a good idea to place a surveillance camera over the garbage area, just to give residents some extra encouragement to follow the rules.
Spray insecticides regularly
Since we are in the South, it’s a good idea to have an exterminator spray the perimeter of your rental property each month. The cost for exterminating typically ranges from $40 to $60, but it’s a small price to pay compared to the high cost (and danger) of a total fumigation. Preventative maintenance is always cheaper than a repair, even when it comes to bugs!
Work with a Raleigh property management company
Want to keep your investment property pest free, without worrying about it? A property management company can look after the grounds and common areas; encourage residents to pick up after themselves; hire and manage maintenance crews and exterminators; and all the other nitty-gritty parts of managing a property. If you’d like to learn more about our Raleigh property management services, contact us here!
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!
