As a realtor focused on helping investors in the Richmond area, I’d love to offer some insights. Richmond is a growing market with strong tenant demand from young professionals, families, and college students, depending on the neighborhood. The city offers more affordability compared to the DMV area, with many renovated homes selling below 350k giving you a better chance at finding a property that fits your budget while avoiding sky-high prices. It’s crucial to be mindful of area-specific dynamics, as some neighborhoods have higher crime rates. Having a reliable local team, including a property manager and a realtor familiar with the market, is the best way to avoid high-crime areas.
If you’re leaning towards Richmond or have more questions about the market here, feel free to reach out. I’m happy to guide you through the process, share some success stories, and help you avoid common rookie mistakes.
