Investing in Washington DC metro area

3 Replies

Hi folks, I live close to DC, love the city, and want to get an investment property in an upcoming neighborhood in DC. Over the past few months, I have gone all over NE and SE  neighborhoods (Anacostia, Deanwood, Randle Heights, Benning Road etc), and also bid for a few houses. Unfortunately, did meet with much success. I have primarily relied on Redfin and Zillow to find listings. Would love to hear advice or pointers to agents, from members on things I can try out to get better success.  Thanks!

@Russell Brazil Thanks - the bidding war has been relentless here! Any suggestions on neighborhoods to focus in DC and surrounding areas for good investments? I am looking for a longer-term investment (5 years or more), which I want to rent out. 

Promotion
Contracoin
Bridging between Crypto and Real Estate
Get ready to buy your next property using Crypto
Using crypto to own property, leverage #CTCN in buying your next home and more
Time to buy property

Bidding wars are nothing to be afraid of. Your agent should be able to help you craft a strategy for winning. There are plenty of areas in DC that make good investments, each with their distinct pluses and minuses. Your agent though should be able to point you in the right direction for.your particular goals.

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

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.

We hate spam just as much as you