i own two rental properties but I'm currently going through the eviction process for one. This year I planned on purchases more properties but primarily my first multi-family. I'm currently house hacking with my brother-in law but after the eviction process is over, we have to decide on moving back into that house or purchasing another for a place to live. The house is beautiful but the school system sucks, so should I suck it up since I'm trying to purchase other investments this year or should we rent it out again and move to VA which have better schools. My daughter is 4 and the I'm debating moving back to rental in Prince George's County MD.
Thanks Patrick, I'm leaning toward moving to VA. The last realtor I used represented myself and tenant and I don't believe she screened properly. I will do my own screening from now on.
@Mikisha Simms is correct about performing tenant screening, I follow the BP tenant screening guide and thus far have not been wrong. The one time I did not use their model I ended up losing a lot of money. Make sure you chose the right area in VA. Family first so make sure you do whats best for them. I hope this helps.
Free eBook from BiggerPockets!
Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you