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Updated over 8 years ago,
How is the RE market in Lexington, KY? And in North Virginia?
Hey BP!
We may be moving from Miami, FL to either Lexington, KY or North Virginia (McLean, Viena, Fairfax area). We haven't decided yet, it will depend on what job my wife lands. I am a full time RE investor and I am wondering how is the RE market (pros/cons, strengths/weaknesses, rent vs. own, etc.), in both Lexington and North Virginia.
I primarily focus on:
1. Small multifamily buildings (less than 30 units).
2. SFHs that I flip and either sell for a profit or rent them out for monthly cash and refi.
I know this is a very broad question, let me know if you need me to provide with some specific questions I have. I am just trying to have a picture of the market for when we move to one of these two places.
Any suggestion, comment, recommendation and/or tip will help me a lot. Also, I will preciate if you can point me some website with local informayion about this topic that I can use to educate myself about these areas.
Thanks!
David