All Forum Posts by: Matthew Reichert

A duplex could definitely produce the cash flow of a triplex for the same reasons Taylor said. Given a cheap enough unit in a nice neighborhood as opposed to a REALLY cheap triplex (price per unit, remember) in a crappy area, you'd have money remaining to update both units and increase the rent. 

I remember the first time I ever went to buy a house. The agent I had was a beautiful lady and I thought, this is the first time we've met... does she really feel safe? I did notice the .380 hiding under her cardigan, but I don't feel like that's enough considering she was leading me through the house and from behind, I had the advantage. Man. This must be a nerve-wracking profession, and one where you must get REALLY good at reading people. 

Finding deals. I've already accepted that my best bet is probably going to be looking out of state. I simply do not have the time to do things like driving for dollars and such because this prices here are astronomical. I'd like to meet a wholesaler around here good at finding ready properties, but again, if they're ready / need very little work, they're gonna be spendy. 

Hey, I'm also a n00b in the DMV area. There are a lot of us in this area, probably part of the reason why the prices are so high, haha. Welcome :-) 

This is hardly possible in NoVA. Multifamilies easily hit the millions where I work in Herndon. 

 Sorry, my response sounded snarky, I didn't intend that 

That's good to know but that's not what OP said, so he should be told that  

How can you trust that PG county property values will continue to rise if crime is also rising?

That user's account has been closed. 😊

Thanks @Account Closed; I sent you a connection request in the event you may want to lend to me in the future (or now!).