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Updated over 6 years ago on . Most recent reply

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63
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20
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Jon Sheffield
  • Rental Property Investor
  • Washington, DC
20
Votes |
63
Posts

Landlording in Washington, DC

Jon Sheffield
  • Rental Property Investor
  • Washington, DC
Posted

I am currently looking for investors that either currently own or have owned in the past investment properties within washington, d.c. (ne,se, sw,nw). My question is what didn't you know before investing in DC that as a landlord you absolutely must know. I know from the podcast and forum DC is a very tenant friendly state, evictions are difficult and even after the lease expires the tenant still continues to be on a month to month until they decide to leave or they get evicted. Horror stories and quick tips are all welcome.

Most Popular Reply

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24
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7
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Shakara Pittman
  • Washington, DC
7
Votes |
24
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Shakara Pittman
  • Washington, DC
Replied

@Jon Sheffield

Hey Jon, I've been land-lording a SFH in SE DC for about 2 years. Things to know, DC is definitely a Tenant friendly city. What I've learned is that it best to work with your tenant as much as possible because evictions are very tough. Although, I've had to file for non-payment of rent a few times, it worked out better to put my tenant on a payment plan to catch up for unpaid months. My advice is to make sure you do a thorough tenant screening because they may be there for a while.

I too am looking for a 4 unit Multi in DC to invest in. Specifically in Trinidad, near the H St. corridor. They are definitely going quickly. I'm hoping to find one before it hits the market. Good luck with your search.

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