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Updated about 6 years ago on . Most recent reply
Investing in Virginia
Anyone here investing in Northern, Glen Allen or Richmond area of Virginia? How is the market there and your experience? I'm a newbie looking to invest out-of-state and researching these areas for buy and hold. Please share your experience.
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@Stacey Parker-Herman Hi Stacey. Northern Virginia is a very strong real estate market and has only gotten stronger in recent weeks with the Amazon HQ announcement. Prices in the area are very high and make cash flow numbers on an investment difficult to maneuver. While cash flow is generally less in “Nova”, it’s a market that is one of the most recession proof in the country because of the number of quality jobs in the area. Appreciation is historically strong here.