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Updated almost 6 years ago on . Most recent reply

Mike M.'s profile image
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Mike M.
  • Realtor
  • from Northern Virginia
  • Member since Mar 12, 2019
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Mike M.'s profile image
Mike M.'s profile image
Mike M.
  • Realtor
  • from Northern Virginia
  • Member since Mar 12, 2019
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Mike M.
  • Realtor
  • Northern Virginia
1
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6
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Multi-Family and Apartment Investing

Northern VA Realtor Looking to Jump into Multi-family rentals

Mike M.
  • Realtor
  • Northern Virginia
Posted

Im looking to start purchasing multi-family units. would like to start with at least 2-4 units. I started looking in Richmond VA near VCU thinking it will be a great long term rental market for college kids but the entry down there is very high. Any recommendations for areas with low entry and great cash flow?

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Chase McArthur's profile image
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Chase McArthur
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  • from Washington, DC
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Chase McArthur
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Chase McArthur
  • Specialist
  • Washington, DC
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Chase McArthur
  • Specialist
  • Washington, DC
Replied

@Mike Mann

Check down the 81 corridor, Winchester, Harrisonburg (kind of high barrier to entry), Staunton, Roanoke, Blacksburg etc. Even Charlottesville is a solid growing market, great student housing opportunities.

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