Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago,

User Stats

16
Posts
2
Votes
Wade McMaster
  • Real Estate Agent
  • Herndon, VA
2
Votes |
16
Posts

What's the deal with the $60k houses in Chantilly, VA?

Wade McMaster
  • Real Estate Agent
  • Herndon, VA
Posted

I'm really new here, and I don't know much. I've noticed something that seems strange on Zillow that I was really curious about. There's these houses in Chantilly, VA that are under $60k. If you're not familiar with the area, that's less than 5 years' rent for a modest 1-bedroom apartment in this area. These are 2 or 3 bedroom manufactured houses. I found the HOA fee was listed as $1045/mo. What's up with that? One line in the information says "Ownership: Ground rent." What does all of this stuff mean?

Loading replies...