Meet 8th Day Realty Group: Helping build generational wealth, one client at a time

November 12th, 2024

Rentometer's Property Manager Marketplace connects our audience of over 300,000 real estate investors, owners, and landlords with top-rated, local property managers.

Our Member Spotlight is a great way for you to get to know members of our new and growing Marketplace community. This week, we have the pleasure of introducing you to 8th Day Realty Group.

Get to Know 8th Day Realty Group

How long have you been involved in property management?

With a background in real estate, starting in 1996 and initially in mortgage lending, Ricardo earned his broker’s license in 2015 and has since excelled in his market by helping investors. He has become the go-to Realtor in the Raleigh-Cary area for real estate investors looking to grow their wealth. Ricardo’s thorough service and extensive industry knowledge have built him a reputation for delivering results to seasoned investors. He also offers expert guidance to potential buyers in the mortgage industry.

How many properties do you manage?

About three years ago, we unexpectedly became property managers. It all began when we purchased a property at a foreclosure auction, intending to fix and flip it, only to find a family already living there. They had fallen victim to a rental scam, lured in by fraudsters posing as landlords, making excuses like caring for a sick relative to avoid meeting in person. These scammers often target people with poor credit or irregular income, collecting payments in cash or through untraceable apps like CashApp.

Rather than forcing the family to leave, we chose to take a chance and offered them a 90-day lease, which eventually extended to a full year and has since been renewed twice.

This experience marked the start of our property management journey, which has since grown to include around two dozen properties. Through referrals from brokers and property owners, we’re expanding our portfolio with a goal of managing 50 properties by the end of 2025.

What areas do you serve?

We serve Raleigh-Cary, Durham, and the surrounding communities of Wake & Johnston Counties and Fayetteville, North Carolina.

What property management services do you offer?

Our services cater to all types of real estate investors. Whether you're about to rent out your first home or you're a well-versed investor managing a portfolio of 50 properties, we're here to support you. For those who prefer to be involved and take a hands-on approach, we provide options like advertising, screening, and leasing services without needing continuous management. On the other hand, if you're an investor looking for a more hands-off experience, we have turnkey solutions that cover everything from acquisition and improvement to comprehensive, concierge-level property management.

What sets you apart from the competition?

We focus on effective communication and skilled negotiation to serve our clients best. When listing properties, we utilize the latest technology to ensure maximum exposure. Our approach is tailored to meet each client's preferences and goals, featuring branded walk-through videos and drone footage for a truly immersive experience. We employ our industry's finest tools, providing data-driven insights, efficiency, and transparency to landlords and tenants. Beyond professional commitments, Ricardo actively supports the community through church activities, charitable efforts, and local events.

Get in touch

If you’re as impressed with 8th Day Realty Group as we are and think they’re a good fit for your business, get in touch here. 

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