All Forum Posts by: Sid Rao

@Jon Sheffield Thank you for the very useful details!  I will keep the tenant issues in mind.

Either I was getting out-bid (usually by 15-20K) or found structural issues during inspection, which owners did not want to repair or give discount for. But, my number of failed bids is only half the number you went through - so I will not be discouraged :)

No, I did buy a house 2.5 years ago - so, it will not be the first in 3 years. But, what is the benefits if it is the first house in 3 years?

Yes, would greatly appreciate any pointers on realtors with good eye for investment property. 

@Sara N. Do you have any recommendations on areas to look for investment properties in DC? I have been also looking for properties close to metro (1 mile radius) in NE and SE DC. The search continues.

@Andrew Nevins I have been unsuccessfully bidding for SFH in NE and SE DC (Anacostia, Barry Farms, Deanwood etc ) which I want to rent out. In your experience, are there any neighborhoods (in NE and SE) where renting SFHs is easier? Any recommendations?

@Russell Brazil Thanks - the bidding war has been relentless here! Any suggestions on neighborhoods to focus in DC and surrounding areas for good investments? I am looking for a longer-term investment (5 years or more), which I want to rent out. 

Hi folks, I live close to DC, love the city, and want to get an investment property in an upcoming neighborhood in DC. Over the past few months, I have gone all over NE and SE  neighborhoods (Anacostia, Deanwood, Randle Heights, Benning Road etc), and also bid for a few houses. Unfortunately, did meet with much success. I have primarily relied on Redfin and Zillow to find listings. Would love to hear advice or pointers to agents, from members on things I can try out to get better success.  Thanks!