All Forum Posts by: Austin Jones

Hey Ms. Berman, in Richmond, most small multifamily properties range from 400-700k. I am not sure how this compares to Baltimore or D.C., but that should give you an idea of the prices down here. Feel free to reach out if there’s anything I can do for you. 

Hey, Mr. Nathan, I am a realtor and investor in Richmond. Feel free to reach out if you need help with anything or have any questions!

Hey Brandon, I help different investors around Richmond do exactly what you're trying to do. Feel free to reach out if you have any questions or need advice. 

Hey, Ms. Katie, my advice would be to do a cash-out refinance and take out the maximum amount you can for the property to still be able to cash flow. That's the only thing that would change for me if I found out this information about a rental unless you want to change strategies altogether and flip it. 

Hey Jiovani, I'm a realtor and investor in the Richmond area feel free to reach out if you ever have any questions or need anything!

Hey Mr. Daniel I work with tons of investors around the Richmond area. Feel free to reach out if you need anything!

Richmond has experienced steady growth, drawing people in with job opportunities. Its lower cost of living has generated strong housing demand due to its proximity to northern Virginia/DC. The city has diverse neighborhoods, ranging from historic homes to more affordable areas, catering to various investment strategies. Many investors have achieved excellent returns here, making Richmond a great place to build capital for future investments. If you ever need anything, feel free to reach out!

Richmond, VA is a great choice for real estate investors due to its diverse economy, affordable property prices, and rental demand from universities and young professionals. Also, our proximity to D.C. is causing double-digit appreciation, and still a very competitive market.

Feel Free to reach out if you ever need anything!

I would be worried that the HOA fees would increase more and you would have to come out of pocket even more every month for the mortgage. If you are comfortable with that then you can always hold it for the long term.

What area are you located in? I don't know of anywhere in Richmond where homes are moving very slowly with frequent price cuts except the Hopewell or Petersburg area. 

Feel free to reach out if you ever need help with anything!

https://legaltemplates.net/form/lt/lease-rental-agreement/?u...

Here's a link to a template you can use. Feel free to reach out if you need anything!