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Updated over 8 years ago on . Most recent reply
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Anybody own investment properties in Woodbridge VA?
Hi All,
I'm looking at a 5 bdrm home in Woodbridge Virginia to purchase and rent out. I haven't been looking in that area as I'm more focused inside the beltway but something came up that may look like a decent opportunity from a numbers perspective. I am not as familiar with the rental market in Woodbridge and am wondering what the vacancy rate looks like for those who do landlord in Woodbridge. On top of that, it is a 5 bdrm home so I'm thinking I'd get those looking for a 4 bedroom (and would consider the 5th bedroom a bonus). My hesitation is what is the real demand for a 4 - 5 bedroom rental home in Woodbridge? Anyone with any insight to offer would be much appreciated.
Many Thanks!
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@Kristina Inglis I actually started my career in Woodbridge and have since then managed 70 or so properties down there. If you have some specific questions or would like to bounce some ideas off someone I can help out. Woodbridge is quite different from inside the beltway but there is some potential.