Aspiring Real Estate Investor in the DMV Area

Aspiring Real Estate Investor in the DMV Area

New to Real Estate · Washington D.C. · Member since 2019 · 7 posts · 3 votes

Hey BP community! My name is Jean and I am very excited to join the BiggerPockets community. I've been listening to the BP podcast for a few years now but I finally decided to take action and get involved in real estate. I am currently based in Washington DC and would love to invest in the DMV area and Baltimore. My goals with joining BiggerPockets is to learn how to build a real estate portfolio using the buy-and-hold method. One fun fact about me is that I can play 5 different musical instruments!

- Jean

2Reply
19 views

Most Popular Reply

Russell BrazilBusiness Member
Moderator
Real Estate Agent · Washington, D.C. · Member since 2012 · 17k+ posts · 30k+ votes
3y

Welcome to BP @Jean Vielot. We have lots of DC area members here including myself. As a starting point I might suggest checking out BP Episodes #192 with me, #356 with my buddy @Joseph Asamoah, and Episode #439 with my friend and client @Kevin Leahy. 

We are all local investors, so what we talk about is pertinent to our market. (Though my episode is pretty old at this point)

See this reply in the discussion

10 Replies

Jump to latestLatest
  • Russell BrazilBusiness Member
    Moderator
    Real Estate Agent · Washington, D.C. · Member since 2012 · 17k+ posts · 30k+ votes
    3y

    Welcome to BP @Jean Vielot. We have lots of DC area members here including myself. As a starting point I might suggest checking out BP Episodes #192 with me, #356 with my buddy @Joseph Asamoah, and Episode #439 with my friend and client @Kevin Leahy. 

    We are all local investors, so what we talk about is pertinent to our market. (Though my episode is pretty old at this point)

  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    3y

    @Jean Vielot

    Welcome to BP, also from the DMV

    7e investments53 Reviews
  • New to Real Estate · Washington D.C. · Member since 2019 · 7 posts · 3 votes
    3y
    Quote from @Russell Brazil:

    Welcome to BP @Jean Vielot. We have lots of DC area members here including myself. As a starting point I might suggest checking out BP Episodes #192 with me, #356 with my buddy @Joseph Asamoah, and Episode #439 with my friend and client @Kevin Leahy. 

    We are all local investors, so what we talk about is pertinent to our market. (Though my episode is pretty old at this point)


    Hey Russell! Thank you for the episode suggestions, I'm also fan of your DC Real Estate podcast. I signed up to attend to your DC REI Rockstars Meetup with Dr. Joe Asamoah in February. I can't wait to attend and learn more about DC real estate!

  • New to Real Estate · Washington D.C. · Member since 2019 · 7 posts · 3 votes
    3y
    Quote from @Chris Seveney:

    @Jean Vielot

    Welcome to BP, also from the DMV


     Thanks Chris!

  • Real Estate Agent · Springfield VA · Member since 2018 · 480 posts · 400 votes
    3y

    Welcome Jean! 

    It is a bit complicated to progress in our area due to the high prices. Definitely buy and hold is the way forward. I househack in Northern Virginia. Happy to share my experience. 

  • Real Estate Agent · Washington DC · Member since 2016 · 847 posts · 656 votes
    3y
    Quote from @Jean Vielot:

    Hey BP community! My name is Jean and I am very excited to join the BiggerPockets community. I've been listening to the BP podcast for a few years now but I finally decided to take action and get involved in real estate. I am currently based in Washington DC and would love to invest in the DMV area and Baltimore. My goals with joining BiggerPockets is to learn how to build a real estate portfolio using the buy-and-hold method. One fun fact about me is that I can play 5 different musical instruments!

    - Jean


     Hi Jean, welcome to bigger pockets and the dmv real estate market, I strongly believe it can be one of the best markets in the country if you know where to invest, it definitely has its unique challenges being a low cash flow market but the appreciation here is very strong and prices in D.C. specifically have fallen so much recently you can pick things up at a 2019 or even in some cases 2018 prices (I just put an offer on something listed at arguably an 2017 price point.) Welcome to bp and feel free to reach out with any questions!

  • Kristen L GarnerBusiness Member
    Lender · Phoenix, AZ · Member since 2021 · 451 posts · 287 votes
    3y

    Hi Jean, welcome and best of luck with your buy-and-hold plans!

  • New to Real Estate · Washington D.C. · Member since 2019 · 7 posts · 3 votes
    3y
    Quote from @Joaquin Camarasa:

    Welcome Jean! 

    It is a bit complicated to progress in our area due to the high prices. Definitely buy and hold is the way forward. I househack in Northern Virginia. Happy to share my experience. 


     Thanks Joaquin! I would definitely would like to connect to learn more about your experience investing in the DMV.

  • New to Real Estate · Washington D.C. · Member since 2019 · 7 posts · 3 votes
    3y
    Quote from @Kristen L Garner:

    Hi Jean, welcome and best of luck with your buy-and-hold plans!


     Thank you Kristen!

  • New to Real Estate · Washington D.C. · Member since 2019 · 7 posts · 3 votes
    3y
    Quote from @Jack Seiden:
    Quote from @Jean Vielot:

    Hey BP community! My name is Jean and I am very excited to join the BiggerPockets community. I've been listening to the BP podcast for a few years now but I finally decided to take action and get involved in real estate. I am currently based in Washington DC and would love to invest in the DMV area and Baltimore. My goals with joining BiggerPockets is to learn how to build a real estate portfolio using the buy-and-hold method. One fun fact about me is that I can play 5 different musical instruments!

    - Jean


     Hi Jean, welcome to bigger pockets and the dmv real estate market, I strongly believe it can be one of the best markets in the country if you know where to invest, it definitely has its unique challenges being a low cash flow market but the appreciation here is very strong and prices in D.C. specifically have fallen so much recently you can pick things up at a 2019 or even in some cases 2018 prices (I just put an offer on something listed at arguably an 2017 price point.) Welcome to bp and feel free to reach out with any questions!


     Hey Jack! Thank you for the insight. I will keep that in mind while performing my market analysis.

Join the conversationCreate a free account to reply, vote on answers and follow this thread.