New to REI in the DMV

[Sarah Anthony]

Hi,

My name is Sarah and I am a 30 year old dental assistant, new to Real Estate Investing, and eager to build a network. I'm not sure what the path to begin looks like, but I've been researching about different approaches, specifically multi family properties and House hacking. With the housing market being high in Washington, DC, I'm interested to know how others got started in the area. I am hoping to find an opportunity to help an established Investor with any administrative tasks, social media, or marketing in exchange for a chance to learn. Look forward to connecting with like minded investors! 

Sarah

[Russell Brazil]

Quote from @Sarah Anthony:

Hi,

My name is Sarah and I am a 30 year old dental assistant, new to Real Estate Investing, and eager to build a network. I'm not sure what the path to begin looks like, but I've been researching about different approaches, specifically multi family properties and House hacking. With the housing market being high in Washington, DC, I'm interested to know how others got started in the area. I am hoping to find an opportunity to help an established Investor with any administrative tasks, social media, or marketing in exchange for a chance to learn. Look forward to connecting with like minded investors! 

Sarah

 Welcome to BP.

Househacking is a great way to get started. There are several different methods that could work in the area based on how much your budget is. Multifamily is optimal, but out of reach for many due to the price.

Other options include doing a rent by the room situation. Buying a house, renting out the additional bedrooms at about $1000 a month on average. Keep in mind the occupancy limits in the different states here.  Maryland allows 5 unrelated people to live together...DC 6.....and Virginia 4.