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General Real Estate Investing

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Nikki Ford
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New Investor Looking for Advice and Referrals

Nikki Ford
Posted Dec 19 2022, 07:23

Hello, my name is Nikki and I'm looking to purchase my first multi-family home (duplex, triplex, or quadplex) in this area (Norfolk, VA Beach, Hampton, Newport News, Portsmouth). Ultimately I'd like to use it as short-term lease rental property, however I'm looking for property that could generate positive cash flow, even if I do the rental as a regular one-year lease. I'm retired military and would be using my VA loan and I already have one single family home on a VA loan. I'm looking for deals on class B/C properties that may require a little cosmetic rehabs, but nothing that requires a crazy amount of work. I'd appreciate any advice from real estate agents, property managers and investors who have experience with short term rentals and multi family properties in this area. I'd also be interested in any referrals for general contractors who have done rehab projects in this area. I appreciate your assistance!


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