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12 February 2020 | 4 replies
We also don't have the multifamily housing that so many BP articles and members love, it just isn't built here.That being said, Northern Virginia does have a strong rental market with low vacancy and high annual appreciation on real estate.Since we don't have multifamily housing in the area, what a lot of house hacking looks like in NOVA is renting out a basement as its own self-contained rental unit (with a kitchenette, bedroom, bath, etc), or renting out bedrooms in a house and sharing the space.Personally, I got in to real estate investing by renting out my basement. 5 years later, I charge 50% more than I did initially, and it covers about half my mortgage payment (PITI).
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16 March 2021 | 7 replies
But to answer your question without more details, I’d tell you to check out NE DC, Northern PG county across the DC line, or NoVa in or around Alexandria.
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28 October 2021 | 10 replies
Nova,A good place to get a general idea for most construction work is a site called homewyse.
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29 May 2021 | 14 replies
I would much rather live here in Richmond than anywhere in DC/NOVA.
18 May 2015 | 9 replies
I can also give you info about the specific area.I have an investor friend that I work with that bought a property around 625k in NoVA in 2006 (owner occupied), values went down, they had to move, they decided to rent it and it nets them a pretty penny.
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29 November 2023 | 9 replies
From my understanding, based on the data found on Furnished Finders, there's a large need for more MTRs within NoVa.
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26 December 2023 | 9 replies
I’m looking into buying a property to mid term rent in the northern VA region. Right next to the pentagon. What resources are out there to start reading about on how to operate them? Find tenants? What size units work...
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19 December 2023 | 6 replies
NoVA is overpriced, hence I don’t.
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27 February 2009 | 1 reply
/No Va area that I operate in, it means building a 2000 sqft house for less than $100,000.