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Updated almost 2 years ago on . Most recent reply

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Alex Johnson
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Arlington Virginia investment

Alex Johnson
Posted

I’m stuck in DC for the next 2 years as my fiancé is at law school and am thinking of purchasing a property that we could live in then rent out or sell out when we move back to NY. With that said we found 2 places were really interested in, one in west end of DC and one in Arlington Virginia. Both properties need to have work done to them need work which I intend on working on myself/ getting contractors for some of the more technical bits. Does anyone know how to evaluate pricing of properties, rent estimates as well as have any contractor recommendations (one of the places has a basement that needs to be underpinned)?

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Jack Seiden
#1 Buying & Selling Real Estate Contributor
  • Real Estate Agent
  • Washington DC
639
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834
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Jack Seiden
#1 Buying & Selling Real Estate Contributor
  • Real Estate Agent
  • Washington DC
Replied
Quote from @Alex Johnson:

I’m stuck in DC for the next 2 years as my fiancé is at law school and am thinking of purchasing a property that we could live in then rent out or sell out when we move back to NY. With that said we found 2 places were really interested in, one in west end of DC and one in Arlington Virginia. Both properties need to have work done to them need work which I intend on working on myself/ getting contractors for some of the more technical bits. Does anyone know how to evaluate pricing of properties, rent estimates as well as have any contractor recommendations (one of the places has a basement that needs to be underpinned)?


 Feel free to reach out, I will say underpinning is extremely expensive, usually in the 6 figure range.

  • Jack Seiden
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