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Updated about 2 years ago on . Most recent reply

User Stats

115
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60
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Jonathan Smith
  • Moseley, VA
60
Votes |
115
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Anyone have Rentals in Hopewell Virginia

Jonathan Smith
  • Moseley, VA
Posted
I'm curious if anyone is invested in rentals in Hopewell, Virginia just South of Richmond, Virginia. It seems like there are lower priced homes C/D Class properties for sale in that area that seem to be a good fit for rentals.

Most Popular Reply

User Stats

277
Posts
132
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Will C.
  • Rental Property Investor
  • Richmond, VA
132
Votes |
277
Posts
Will C.
  • Rental Property Investor
  • Richmond, VA
Replied
@Jonathan Smith Hopewell is a decent rental market, high ratio of rentals. I know a few people with rentals there that cash flow decently. All depends on the acquisition of course like anywhere else. Homes are sub 100k, some sub 50k, my buddy has two renting around 1k/month that he picked up for around 60k. Hopewell has its sketchy areas but in the more decent neighborhood it is quality blue collar.
  • Will C.
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