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All Forum Posts by: Daniel Amsalem

Daniel Amsalem has started 4 posts and replied 89 times.

Post: Please help keep northern VA STR-friendly

Daniel AmsalemPosted
  • Investor
  • Alexandria, VA
  • Posts 92
  • Votes 43

Hi @Nicholas L. and @Chris Seveney a few weeks after my post, they did a part 2 for the survey and 2 days ago, the Zoning Dept. emailed out an update for the proposed policies.

Here's their message:

"We want to keep you informed and share a preview of the proposed Short-Term Residential Rental Ordinance regulations and express our gratitude for your invaluable feedback and participation in Phase I and Phase II of the Alexandria Short-Term Residential Rental
Study.

"Phase I included 388 responses with over 1,200 comments and suggestions while Phase II included 141 responses and several hundred more comments and suggestions. Staff worked hard to balance the needs and desires of all study participants and develop regulations
that are simple, sensible, and enforceable."

Here's the link to the proposal: https://www.alexandriava.gov/sites/default/files/2025-01/pro...

Here's the link to the page where I found the proposal: https://www.alexandriava.gov/zoning/short-term-residential-r...

Post: DMV January REI Meet-up!

Daniel AmsalemPosted
  • Investor
  • Alexandria, VA
  • Posts 92
  • Votes 43
Quote from @Daniel Suarez:

Wife's birthday that day. I won't miss the next one. 


 Happy early birthday to your wifey!

Post: DMV January REI Meet-up!

Daniel AmsalemPosted
  • Investor
  • Alexandria, VA
  • Posts 92
  • Votes 43

Hey @Ozzy Sirimsi we average about 10-20 attendees at each meetup. Our farthest attendee comes from past Richmond. Our typical attendees come from NOVA. My wife and I come from Alexandria.

If it's a bother, I'd recommend checking out GRID meetups in DC. Those are great, the host is a super successful investor and broker (forgot his name at the moment).

Post: DMV January REI Meet-up!

Daniel AmsalemPosted
  • Investor
  • Alexandria, VA
  • Posts 92
  • Votes 43

@Paul Cox I'm one of the hosts of the meetup, Andrew is an invaluable coordinator who helps us post these every month.

We meet monthly and hope to see you at our February one!

Post: New Member, Live in the DMV!

Daniel AmsalemPosted
  • Investor
  • Alexandria, VA
  • Posts 92
  • Votes 43

Welcome @Azita Nejaddehghan! My wife and I house-hacked our first place in ALX renting out the basement on Airbnb as a monthly rental.

We're now on our second property doing the same thing.

It's short notice, but if you wanna attend today's NOVA REI meetup, it's the last one of 2024 and we're meeting at Tyson's mall on the 3rd floor. My wife and I would be happy to share our strategy!

https://www.biggerpockets.com/forums/521/topics/1218695-dmv-...

Post: DMV REI Meet-up!

Daniel AmsalemPosted
  • Investor
  • Alexandria, VA
  • Posts 92
  • Votes 43

Last meetup of the year! Looking forward to seeing the faces of our NOVA REI crew tonight!

Post: DMV November REI Meet-up!

Daniel AmsalemPosted
  • Investor
  • Alexandria, VA
  • Posts 92
  • Votes 43

We had a pretty great meetup with a couple of new attendees!

We talked house-hacking, short-term rentals, and mid-term rentals. We talked nightmare tenants and rent-by-the-room.

Always a fun evening with the NOVA REI Crew.

Post: Real Estate meetups in the DMV area?

Daniel AmsalemPosted
  • Investor
  • Alexandria, VA
  • Posts 92
  • Votes 43

@Brett Sheeran I've been to 3-4 and they're all good and different.

@Cassidy Burns runs a great one which is a nice blend of education and networking. I always learn something when I attend his.

Omni Casey runs several called Cashflow Breakfast Club, it's mostly educational with a bit of networking interspersed and at the end. Their first location is out in Reston area, but he has more in Fairfax, somewhere in Maryland and elsewhere.

GRID has various meetups around the area, I've gone to 2 in DC and really enjoyed them.

And lastly, I cohost a very casual meetup every month in Tyson's Mall, on the 3rd floor. We're actually meeting this Wednesday the 6th. Details here: https://www.biggerpockets.com/forums/521/topics/1214849-dmv-...

I recommend checking them all out initially, I bet you'll have a lot of fun networking!

Post: New to REI

Daniel AmsalemPosted
  • Investor
  • Alexandria, VA
  • Posts 92
  • Votes 43

@Dylan Robinson I've got buddies that used their VA loan to secure big beautiful plexes in DC. They then did the STR model (with permits) and are able to cashflow a substantial amount.

However, this only legally works while it's your primary residence.

I've got other friends that used their VA loan to secure the rare plex in Alexandria. They also did the STR model while househacking and are doing well.

It can be done, but you may need to get a bit creative with your tenants, not just relying on the LTR model.

Best of luck!

Post: how to increase visibility for a rental property in Virginia

Daniel AmsalemPosted
  • Investor
  • Alexandria, VA
  • Posts 92
  • Votes 43

My wife and I use Avail to find, screen, and manage applicants. It distributed our listing to a bunch of places with the exception of Zillow. So she manually placed our listing there.

We've listed in FurnishedFinder with no luck. We actually use Airbnb for our 2 furnished MTR units with great success.