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Updated about 9 years ago on . Most recent reply

User Stats

10
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6
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Adam Summers
  • Rental Property Investor
  • Roanoke, VA
6
Votes |
10
Posts

Investing in Roanoke, VA

Adam Summers
  • Rental Property Investor
  • Roanoke, VA
Posted

I am looking to buy my first of hopefully many rental properties in Roanoke, VA. I have been looking at houses in the city for a while. I am wondering if there are any other investors in Roanoke, VA that would recommend certain areas that they have had success in and if there are any areas that I should avoid. Some of the houses that I have looked at are in Northwest City and Southeast City. I have analyzed the properties and it seems like the return on investment could be solid but I am curious about tenant quality, vacancy rates, and maintenance allowances. Any guidance would be greatly appreciated. Thanks in advance!

Adam Summers

Most Popular Reply

User Stats

1,096
Posts
374
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Mark Brogan
  • Investor
  • Roanoke, VA
374
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1,096
Posts
Mark Brogan
  • Investor
  • Roanoke, VA
Replied

welcome to bp @Adam Summers

Make sure to set up keyword allerts here 

We have a mnthly meeting in roanoke the last wednesday of the month,be sure to attend 

In my opinion better areas equals less headaches, on onther hand no money could force you to invest in lower income areas 

I know lors of people that make good money in bad areas 

Good luck

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