Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 1 year ago,
Buy and hold strategies that are working
Hello all,
In my past year of experience networking in Richmond, VA and growing knowledge in REI I'm finding many investors in the area seem to be wholesaling and flipping in low barrier to entry areas (Petersburg, Hopewell, East End, south of the river along Hull St) and also running Air BnB's (yet legalities here seem to be a pain with recent changes).
What areas would be recommended for lower barrier to entry price point for long-term buy and hold? It seems that most lower cost areas I'm finding correlate pretty high with section 8 or higher crime stats. Getting started my goal is to have a first property that ideally has less headache potential.
Thanks!
Grant