All Forum Posts by: Jhosdyn Barragan

Hello,

I am looking to purchase a SFH in the next six months in the Northern VA area (Arlington, Falls Church, Alexandria preferred). As locals may know, the area is highly priced and it can be difficult to find off market deals. I am looking for advice on finding great wholesalers. Please feel free to respond here or via private message for advice on finding wholesalers in the area.

Thank you,

J

I went to Dental School very close by. The area is certainly not one in which you may want to settle down and raise your family, but, as a rental, I think you found yourself good deals. I had many friends who were in Dental, Medical, Law, or Pharmacy school who lived in Pigtown. The area is also very close to the UMD hospital so you can also attract support staff and essential workers. In your shoes, I'd look to fix the properties up nice in order to attract such high quality tenants, and make sure the property management company is a great one who will do their due diligence in finding you a quality tenant. 

Any recommendations for an investor friendly agent in the area?

I'm sorry I realize that may have been easily misinterpreted. From my experience living in the city from '13-'17, I noticed often that you could have very different classes of neighborhoods seemingly on top of each other. For instance, downtown you have some very nice apartment buildings right down the street from what used to be some very shady areas a just two blocks north in the direction of Lexington Market. Baltimore as a whole has been undergoing some great improvements and that trend seems to be continuing from your article. 

In terms of specific areas I noted during my time there, and have kept an eye on, I really like the Pigtown neighborhood. It is situated right by the UMD Medical system and many young families or graduate students live in the area - making for great tenants. This is one area I will continue to monitor for the right deal. 

DC market is great in terms of future appreciation. In terms of the area I'd check out Alexandria as well as Arlington if you are in the market for a condo. Parking will be 100x easier for you if you plan on driving anywhere and you may get better bang for your buck/better neighborhood class. These areas are also sure to appreciate due to Amazon in Crystal City. 

Great article! I'm surprised the drop in Federal Hill rent has been so steep as there as so many young families and young professionals living in the area, but it would appear the "urban flight" is in full effect. In terms of areas to invest in, the collecting rent at midnight policy seems great, my only apprehension in Baltimore is that areas change extremely fast from B-C-D class neighborhoods especially in the East and West ends of the city so knowing the neighborhood is key. Very much enjoyed the read and I will bookmark this for future reference!