Hey BP community - checking back in here after a while off.
Still looking to get my feet wet investing in Washington, D.C. My wife and I want to start with a buy and hold in the city proper, rather than MD or VA. We've worked and/or lived here for many years and want to own a piece (or more) of the city before it is too late.
Theoretical question: if you had $80 - $120k to leverage, what would be your move(s) in DC? Cash flow is not a priority for us; long-term appreciation is.
Just bouncing around ideas, neighborhoods, etc.
Many thanks, and all the best to you folks.
Id buy in Riggs Park/Ft Totten or Brightwood
Thanks @Russell Brazil - much appreciated. From what I can tell, looks like you can find a ready-to-rent SFH in those neighborhoods in the upper $500s, and one that needs a lot of work for around $400k. What do you think the long-run upside in those neighborhoods could be?