Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 6 months ago on . Most recent reply

User Stats

4
Posts
2
Votes
Sarah Anthony
2
Votes |
4
Posts

New to REI in the DMV

Sarah Anthony
Posted

Hi,

My name is Sarah and I am a 30 year old dental assistant, new to Real Estate Investing, and eager to build a network. I'm not sure what the path to begin looks like, but I've been researching about different approaches, specifically multi family properties and House hacking. With the housing market being high in Washington, DC, I'm interested to know how others got started in the area. I am hoping to find an opportunity to help an established Investor with any administrative tasks, social media, or marketing in exchange for a chance to learn. Look forward to connecting with like minded investors! 


Sarah

Most Popular Reply

User Stats

17,495
Posts
30,208
Votes
Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,208
Votes |
17,495
Posts
Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied
Quote from @Sarah Anthony:

Hi,

My name is Sarah and I am a 30 year old dental assistant, new to Real Estate Investing, and eager to build a network. I'm not sure what the path to begin looks like, but I've been researching about different approaches, specifically multi family properties and House hacking. With the housing market being high in Washington, DC, I'm interested to know how others got started in the area. I am hoping to find an opportunity to help an established Investor with any administrative tasks, social media, or marketing in exchange for a chance to learn. Look forward to connecting with like minded investors! 


Sarah


 Welcome to BP.

Househacking is a great way to get started. There are several different methods that could work in the area based on how much your budget is. Multifamily is optimal, but out of reach for many due to the price.

Other options include doing a rent by the room situation. Buying a house, renting out the additional bedrooms at about $1000 a month on average. Keep in mind the occupancy limits in the different states here.  Maryland allows 5 unrelated people to live together...DC 6.....and Virginia 4.

business profile image
District Invest Group
5.0 stars
44 Reviews

Loading replies...