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Updated almost 8 years ago on . Most recent reply
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New Buyer Looking for Agent Reccomendation
Hi all,
Starting to look at homes and apartments to buy as a rental in the Georgetown area of D.C. Has anyone had great experiences with a certain agent who knows this area well?
Most Popular Reply
l agree with Russel 100%
Especial with regards to Takoma park and the rent control. I rent single family homes by room in addition to flipping houses. Renting by room can make the same or more than multi fam properties and in this area, it's much easier to do so. Just watch for the specific counties policies in Airb renting versus regular/long term renting and be sure you get your rental license/certificate. With single family homes some neighborhoods have retired bored people who like to harass and complain about rooming houses in their neighborhood.
As long as you're following the law and have your paperwork people can say what they want but you still be just fine and make lots of money. Screen your tenant well. I pay my current and past tenants a referral bonus and it helps me get great tenants and reduce the costs associated with finding great tenants on my own.
Good luck!