Hampton Roads Anyone???

[Scott Sewell]

Hello to all my BP brothers and sisters,

An Alaskan multi-family investor here, thinking about getting into the Hampton Roads market, because it's only 4,468 miles away! (so says google)

No, seriously, we have family in the area (although none of them are investors) and visit on a regular basis, and are considering expanding our meager empire.

So,... question(s) is (are): 

Newport News? Norfolk? Hampton? Virginia Beach? Chesapeake? Williamsburg? Portsmouth? Suffolk? Gloucester?  Others I've neglected to mention? 

What's your favorite city/town in the area for investing? What areas in that city/town? Why? What's your strategy? What going on in the economy right now? What's coming in the future?

Look forward to your comments and opinions........

As always, Good luck and great investing to all,

Scott

[Elizabeth Colegrove]

Hampton Roads is a VERY interesting market. My husband is active duty Navy and we lived there from 2011-2013. We own a house in Redmill, Virginia Beach. Interesting enough my job there (right out of college) was working for a multi family/commercial company. So I spent a ton of time driving around the area. Buying Multi-plexes have its positives and negatives. 

My goal is to buy a four plex and I like the area because of the military/vacation. I personal like smaller units but watch the market. I know alot of people in the single family are saying the market is sitting longer than normal.