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Updated over 4 years ago on . Most recent reply
Good Markets Around Northern Virginia to Invest in for Rentals?
Hi All,
I’m relatively new to real-estate investing but am looking to take action in the coming months if not year. I reside in Northern Virginia (Herndon) where properties are expensive and have been exploring out of state options for buy and hold rentals that are within a 1-2 hour drive away. This would include Richmond in my own state, Baltimore City/County in Maryland and Harrisburg in Pennsylvania. Would welcome your thoughts about these markets (how landlord friendly, cash flow vs. appreciation, tenant pool and quality, neighborhoods to consider/avoid, etc.). Admittedly it’s rather open-end but perhaps a starting point to dig further. Thank you!
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Here's your homework for today. Anything beyond this is anecdotal. ->
https://www.huduser.gov/portal/ushmc/regional.html?regionid=3