What is your strategy to find buy and hold rentals in VA/DC/MD?

"I want to find a buy and hold or flip property. What is your strategy to find these in DC, Maryland, and Virginia?"

The above is a question I get often, so I wanted to type out an answer so that anyone looking for this answer can read about it here.

1. I prefer to build life long friendships

Investors, buyers, sellers, every person I encounter in the course of my real estate activities have different goals and plans. I want to take the time to get to know specifically what these goals and plans are.

I am not in the business of talking someone into what they "should" do. I am here to advise and educate, so you get to the outcome you want.

I listen to what you want, plain and simple.

If you reach out to me, step 1 will be me suggesting we set up a time that we can jump on the phone, or an in-person meeting, and I will listen to what your plans are. Real estate excites me, so after every one of these conversations, I am super pumped up :)

2. I evaluate if I can be of service or not

After I hear about your goals, I will know if I can help you. Don't worry, if I am not in a position to help, I know someone that can. If you have a tricky situation that myself or contacts cannot sort out for you, I can help advise you on a plan that will help eliminate the obstacle over time. Most of the time things new investors perceive as hindrances are solved quickly.

3. If after our chats, we have a good feeling about each other we can move forward with establishing an individualized strategy to get the deal done on a potential flip or buy and hold property in Virginia. (I am licensed in Virginia. If your buying needs are in MD, or DC, I am lucky enough to know some amazing individuals that can be of service to you)

If you have cash to make a purchase, great! But if you do not, the first step will be to get your financing in order. Shopping potential deals without a way to pay when we find it, will not be beneficial for you.

You will find a property that is great; it has cash flow, it's in a great area, everything fits. Then bam! You cannot get approved for the financing. You lose the investment to someone else who took the proper steps beforehand

The above scenario causes frustration, and it will discourage you as a new investor. I do everything to avoid situations that will discourage you.

Performing the proper steps at the proper time will mitigate frustration.

So to wrap this up, I just want to get the point across that closing on a buy and hold rental, or Flip property in Virginia is not a one size fits all process that I can lay out over BP messages. There are many variables in each transaction. Therefore, I cannot give you a strategy without knowing a little more about your situation.

I hope this post gives some insight into how I operate as a real estate advisor.

I look forward to hearing about your goals soon :)