Purchase price: $20,000,000 Cash invested: $13,000,000 Sale price: $20,000,000 This property is not for sale - per-se What made you interested in investing in this type of deal?

What type of properties are you trying to acquire? 

Does anyone have experience with buying rental or STR property there or have a connection there that I could speak to?

I immediately recognized that the listing agent/property manager had the current rent well below market & the asking price massively wrong.

Purchase price: $255,000 Cash invested: $60,000I bought a condo back in 2019 in Ashburn, VA as a rental property.

I would make improvements to the property only when doing so would cost less than the value added to the property.

Hi Nancy, I have sold property for clients in Carrollton.  

However, achieving success in this space requires more than purchasing property—it takes strategy.

It is done without prejudice and is simply a parting of the ways (eg tenant wants to move to another place, landlord wants to sell the property). 

Know your market cap rate and you can quickly determine whether property is worth a closer look.