Looking at Virginia market

[Chad Davis]

My wife and I want to move to Virginia in a year or so and i'm wondering if there is anyone I can connect with that knows the market out there?? This would be our 4th property and we are planning on doing another househack. We would like a multi-family unit, I know nothing about the market out there so any advice would be appreciated! Thanks in advance! 

Cheers,

Chad

[Adam Ghrist]

@Chad Davis Hi Chad, Virginia is very different based on the location you move to. Northern Virginia is almost nothing like central and Southern Va. That said there ARE some good investments all over the state. You will obviously want to stay close to the towns if you are looking out in the Southern Va area. To get specific on the HOT locations, say in Hampton VA or VA Beach area, I would join the PREIA and TRIG MEETUP groups, as they are the most active. If you are in Northern Virginia, the closer to DC the better, it’s also more expensive. The exploding area right now is probably Tyson’s corner surrounding areas, and I have heard rumblings of Woodbridge. Again, anywhere around northern Virginia you will be able to find something if you have the right agent. My best advise is to interview some potential agents when you get down here. Lots of GOOD investments are usually off market or on market less than a week so you will need to move fast. Good luck!