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Updated about 1 year ago on . Most recent reply

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Farhan Khan
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New Investor Seeking Guidance in DC Metro Area

Farhan Khan
Posted

Hello BiggerPockets community,

I'm a new investor ready to enter the real estate market in the DC metro area, with a focus on Northern Virginia. My strategy is to invest in rental properties for cash flow and consider flipping opportunities when appropriate.

As a beginner, I'm seeking guidance from experienced investors who can help me navigate the landscape and avoid common mistakes. I am open to the possibility of investing with someone that understands the market and has been in this business already.  I would greatly appreciate any recommendations for essential resources, such as websites, books, or forums, that have been invaluable to your own real estate investing journey.

Furthermore, if you have referrals for trusted professionals in the DC metro area, such as contractors or property managers, I would be immensely grateful.

If you're an experienced investor in this region and open to collaborating with an enthusiastic newcomer, I would love to connect and explore potential partnerships.

Thank you for your support and advice. I'm excited to learn from and contribute to this remarkable community.

Most Popular Reply

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844
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Jack Seiden
  • Real Estate Agent
  • Washington DC
652
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844
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Jack Seiden
  • Real Estate Agent
  • Washington DC
Replied
Quote from @Farhan Khan:

Hello BiggerPockets community,

I'm a new investor ready to enter the real estate market in the DC metro area, with a focus on Northern Virginia. My strategy is to invest in rental properties for cash flow and consider flipping opportunities when appropriate.

As a beginner, I'm seeking guidance from experienced investors who can help me navigate the landscape and avoid common mistakes. I am open to the possibility of investing with someone that understands the market and has been in this business already.  I would greatly appreciate any recommendations for essential resources, such as websites, books, or forums, that have been invaluable to your own real estate investing journey.

Furthermore, if you have referrals for trusted professionals in the DC metro area, such as contractors or property managers, I would be immensely grateful.

If you're an experienced investor in this region and open to collaborating with an enthusiastic newcomer, I would love to connect and explore potential partnerships.

Thank you for your support and advice. I'm excited to learn from and contribute to this remarkable community.


 Not trying to be a dream killer but there is simply no money to be made in the D.C. no cash flow, no margins to flip, labor either to flip or just hold a property is insane, the money was made years ago, even going forward I see limited appreciation, investing is HARD everyone these days but to the extent there is money to be made you have to go to places that haven’t popped yet. Places that have some room to grow either price wise or rent growth rise.

  • Jack Seiden
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