Real Estate Investing in Northern VA

Member since 2024 · 2 posts · 1 vote

I am a recent college grad and I'm looking to get started in real estate investing with a friend of mine who is also a recent grad. I'm moving to Northern VA to start my career. Real estate is extremely expensive in the area. Does anyone have any advice on how to get started? Thank you!

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Chris SeveneyBusiness Member
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Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
2y
@Mason Field
Northern Virginia is a great place to invest , just realize it is extremely expensive and difficult to cash flow. You could consider house hacking to reduce out of pocket expenses.
It’s definitely an appreciation play not a cash flow play but with the federal government here appreciation is consistent - you won’t get super high appreciation like some places but also don’t get high depreciation as well.
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Russell BrazilBusiness Member
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Real Estate Agent · Washington, D.C. · Member since 2012 · 17k+ posts · 30k+ votes
2y
Househacking is the best way to start in the DMV.
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Cassidy BurnsBusiness Member
Investor · Alexandria, VA · Member since 2016 · 859 posts · 460 votes
2y
What Russell said, house hack your way to the next property. In Northern VA I think new construction townhomes are a great option with 3-5 bedrooms.
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