Reston, VA · Member since 2017 · 42 posts · 10 votes
Hi fellow BPers.
My wife and I live in Norther Virginia and are looking at focusing our growth efforts on Richmond, VA. Can anybody provide any insights on good zip codes/neighborhoods to focus on to find cash flowing, MFR that don't require a ton of rehabbing to get into (Looking to minimize initial cash outlay)? Not looking to get into war zones. Maybe B properties or higher. Any resources or perspectives you can offer, please let me know. Thanks!!
Richard, I can help you with this. There are many things to consider. There is everything from single family in the county to great multi units in the VCU area. Would need more detail on what your goals are long term. Let me know when you can talk about those goals. Best of luck!
Unicorns man, unicorns. ha just kidding. I think the only way youre going to find deals like this that cash flow is to start pursuing houses in anything below 64 and above and west of 195. it's hard to find deals where the numbers make sense in these places.
that being said, we are house hacking a duplex in a class c neighborhood in 23222 and have had no problems.