Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Virginia Beach Real Estate Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago on . Most recent reply

User Stats

24
Posts
7
Votes
Kate Johnson
  • Virginia Beach, VA
7
Votes |
24
Posts

Flipping in VA Beach, VA -- Goal for 2017

Kate Johnson
  • Virginia Beach, VA
Posted

I've been lurking on BP and reading a lot. My husband and I ultimately want to be buy-and-hold investors when we relocate back home to Texas, but for now, the Navy has us in Virginia Beach, VA. Instead of waiting around until we settle somewhere, I thought flipping might be a way to get our feet wet in Real Estate and quit sitting on the sidelines (sorry for my mixed metaphors).

Any local folks have advice on how we could do this in 2017?  We would spend our own money to do this.  We are moderately handy and are eager to be very hands on just to learn as much as we can.  Also, I have the time because I just stay at home with my young kids. I'd like to go to any RE monthly meetings.  Dates and times? Any info on court house auctions I could go observe?  What else could I do to learn quickly?

I want this to be the top of my goals for 2017.  

Most Popular Reply

User Stats

2,714
Posts
1,554
Votes
Lynn McGeein
  • Real Estate Agent
  • Virginia Beach, VA
1,554
Votes |
2,714
Posts
Lynn McGeein
  • Real Estate Agent
  • Virginia Beach, VA
Replied

Trigofva.com is a great local resource.  They have monthly meetings that can be very informative.  I recently joined and like it a lot, attended a seminar about LLCs and asset protection.  It is a slow time of year right now for them, but it will pick back up after the holidays.   My daughter is getting ready to buy her first property to live in, fix it up, and sell in 2 years so she can keep the profit tax-free.  It can be done in Virginia Beach, but it's much harder than it used to be with property values as high as they are.  

Loading replies...