All Forum Posts by: Hong Zhu

Thanks for your message, Ola. 

Multifamily is my end goal. Since it will be my first investment property, I want to make sure i don't bite off more than i can chew and that's why i'm looking at townhouses right now. 

Hi @Charles Parrish,

Thanks for your advice and tips. I just made an excel file and started analyzing the properties. 

Hello, Fellow investors,

I'm looking to buy around Johns Hopkins Medical Center and rent it out to staff and students in the hospital. My budget is around 200K. I saw a few properties along Orlean St around this price point but they've all been on the market for a while. Is there a reason why they are not desirable? Should I look closer to properties around Patterson Park? 

I worked in Baltimore a few years ago but moved to Virginia due to a job change. I'm sure a lot has changed since we moved.  Does anyone have any insight into the market in the Johns Hopkins area these days?

Thanks!

Hello, Fellow investors,

I am looking into purchasing my first rental property in the NOVA Loudoun County or Fairfax area. I was wondering if anyone familiar with the market would have some suggestions for a rental location. I am currently looking at Sterling and Leesburg.

I'm also trying to figure out the pros and cons of purchasing a townhouse vs condo. My plan is to get a property with minor cosmetic issues and fix these issues up and hold onto the property to establish a steady cash flow and hopefully some appreciation. If I purchase a condo for renting out, would there be a chance later on that the condo association would discontinue their rental policy. Several of my friends in DC have ended up losing money when they were no longer allowed to rent their property out.

Also, what is the typical rental cap in this area for condos?

Thanks!