All Forum Posts by: Steven Moore

Good points. Are there resources you can point me to on the population being under reported in DC? I'm geeky about stuff like that. Thanks again. 

@Russell Brazil, thanks again for all your insights. What do you think about this article? http://bit.ly/29RTEjc

Hey @Kevin Fox, please let me know about the meet up. Thanks!

Hey @Russell Brazil, if you had to come up with a worst case scenario for East Capitol Hill/H Street, what would it be? Even if unlikely, what would cause the market to cool off and property values to start dropping? 

Thanks much for your insights. 

Hey Sydney, I lived in the East Capitol Hill/H Street area. 15th and F NE. How about you? 

@Russell Brazil, DC can be a shock for anyone. I worked on Capitol Hill while I was there, and am still recovering. Thanks for your insights on the market there. 

My DC property is at 516 15th Street NE. Because it is on a triangular lot by being adjacent to Tennessee, the lot is bigger, the house is bigger, it has a garage... lots of features that make it attractive. 

Thanks @Russell Brazil. I'm leaning that way myself, but can't decide if I have just been caught up in an "irrational exuberance" about the area. I don't think I will sell till next year in any event. 

Yeah @Zach Quick, a bit more than two years. 

Thanks @John Lindemann. I grew up in Tulsa, so I am a bit less of a poaching Californian! ;)

I've found a property I like in the 4th and Sheridan area. The question I have is, do people rent in that neighborhood? Close to the University of Tulsa, I get the reason that a large number of people would rent there. And obviously, people rent in other areas. What drives renter behavior? 

When I look at homes for rent on Zillow, there are half a dozen homes for rent in that neighborhood, and they rent for enough to make money. If I look on Zillow at neighborhoods closer to TU, then you can find 20-25 properties for rent. Does that mean the market is saturated for rentals? Does that mean that more people are renting there so it is a good place to purchase a rental?

Thanks for your insights. 

Yeah, a bit more than two years.