Properties start paying dividends once they start generating income and may vary month to month. The monthly dividend is determined by analyzing several factors, including rental status, the amount of cash in the property's reserves, last quarter's cash flow, projected expenses, and lease renewal timing. For more information on why dividends may be increased, decreased or paused, please see our detailed FAQ. The rental history and dividend payments for each property can be found on the performance tab.

The KerriAnn is a large & open 2-story home in the heart of Clayton. Tons of natural light, a fully-fenced backyard with patio, 3 bedrooms, 2.5 bathrooms, and a bonus room that could be utilized as a formal living room, dining room, or study. Spacious master bedroom with large walk-in closet, hardwood floors, kitchen with backsplash and pantry and a loft! Park & playground in the community and close to shopping and restaurants. Home is located in Clayton, NC.

The time needed to sign the first tenant lease is variable and can depend on several factors including seasonality and whether the property requires any sort of renovation. Historically the average time to lease has been 45 days and has ranged from a minimum of 7 days to over 90 days. For more details on each status, check out the different rental statuses here.

Raleigh-Durham, NCRaleigh is the capital of North Carolina and the second most populous city in the state while Durham is the 4th most populous city. Raleigh and Durham are both part of the Research Triangle, a designation for the Piedmont region of North Carolina, which is anchored by three major research universities. The technology firms, government and world-class universities, medical centers and schools have allowed the area’s economy to perform exceptionally well. Most notably, Raleigh is home to North Carolina State University and Durham is home to Duke University and North Carolina Central University.