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Updated almost 2 years ago,
Need market recommendations
Looking for my first rental investment property and I need some advice. I’m currently in Loudon county and I was thinking to make an investment somewhere closer to where I live, an hour or two hours driving is fine. But anything eastwards DC is very expensive and will not result in any cash flow. As it’s my first investment I want to keep my budget under 200k. Considering this are there any areas that I can find properties in this budget and make sure the property is rented out. The numbers are not working out for Herndon, Reston, Fairfax as it will be a negative cash flow. Hence I started considering out of state like silver spring Maryland, Colombia ohio and Raleigh. Any suggestions here? I would love to connect to folks in the area as to what they are doing. Please leave a comment