Recognize the trends in the local real estate market, property valuations, and growth and stability prospects.Establish your investing strategy.

Banks also recognized that in just two years most properties rebounded in value.

HI Julie,I recognize your reply is 5 years old but I just came across it.We are also in Northern VA  and looking for a good CPA in the area.

You should know the target investment area well enough to quickly recognize actual deals versus those that are not going to be profitable.You should then have a team in place that can quickly validate the condition of the property and give a decently accurate estimate of repairs. 

Because 1 of our rentals (the Nevada one) is newer and does not appear on our past Schedule C, they chose not to recognize any of the income from that property.

Increased Institutional Investment: Large investment firms and private equity groups are recognizing the potential of mobile home parks as a stable asset class, driving up purchase prices.

While I may be new to the game, I'm eager to learn, grow, and build a successful portfolio in really any metropolitan areas of Virginia, not just Richmond.Although I have limited investment experience, I recognize the importance of networking and seeking guidance from seasoned professionals.

I went to their website and although it recognized Googles auto populated username and password I had no account.

Recognize the possibilities available and select the one that best suits your needs and tastes.Look at financing choices that are appropriate for house hacking, such FHA loans for houses with multiple units that need a little down payment.

If you do not recognize the true comps to your property (ie. what prospective tenants consider when looking for a place to rent), you can put yourself in a precarious position; one in which you can never get ahead.