New investor looking to learn about DC's market, make connections

Member since 2025 · 8 posts · 2 votes

Hey everyone,

I'm Dan, 35 here, I'll be able to make my first purchase in summer '26. I work in Potomac, MD, and would like to buy a condo or apt that I can easily commute and live in, and then eventually rent out, and then buy another.

I'd be happy to make connections over similar goals, and to learn about tax info for DC, great spots to buy, and trends for rentals. I figured DC would be a great area to invest in because it attracts tons of young professionals. Maybe you can prove me wrong?

Let's talk,

Dan

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Jack Seiden

Real Estate Agent · Washington DC · Member since 2016 · 847 posts · 656 votes

Quote from @Daniel Green:

Hey everyone,

Let's talk,

Dan

Ive actually been looking into buying a condo myself as an investment, I have a few rules, needs to be with both good hoa management & relatively cheap fee (bellow $600 a month) needs to be in area where I’m not competing against other new construction apartments, needs to be an area where even townhomes are so expensive you are not competing, I.e. upper nw, nova, Bethesda etc. needs to be 1990’s or newer in most cases.

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Russell BrazilBusiness Member
Moderator
Real Estate Agent · Washington, D.C. · Member since 2012 · 17k+ posts · 30k+ votes
1y
Quote from @Daniel Green:

Hey everyone,
I'm Dan, 35 here, I'll be able to make my first purchase in summer '26. I work in Potomac, MD, and would like to buy a condo or apt that I can easily commute and live in, and then eventually rent out, and then buy another.
I'd be happy to make connections over similar goals, and to learn about tax info for DC, great spots to buy, and trends for rentals. I figured DC would be a great area to invest in because it attracts tons of young professionals. Maybe you can prove me wrong?
Let's talk,
Dan

Welcome to BP. The market in the area is dynamic and continually changing. It has been though historically one of the most stable markets in the country, with very predictable patterns.
[email protected]301-893-4635 Podcast Guest on Show #192
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1 Reply
Jack Seiden
Real Estate Agent · Washington DC · Member since 2016 · 847 posts · 656 votes
1y
Quote from @Daniel Green:

Hey everyone,
I'm Dan, 35 here, I'll be able to make my first purchase in summer '26. I work in Potomac, MD, and would like to buy a condo or apt that I can easily commute and live in, and then eventually rent out, and then buy another.
I'd be happy to make connections over similar goals, and to learn about tax info for DC, great spots to buy, and trends for rentals. I figured DC would be a great area to invest in because it attracts tons of young professionals. Maybe you can prove me wrong?
Let's talk,
Dan
Ive actually been looking into buying a condo myself as an investment, I have a few rules, needs to be with both good hoa management & relatively cheap fee (bellow $600 a month) needs to be in area where I’m not competing against other new construction apartments, needs to be an area where even townhomes are so expensive you are not competing, I.e. upper nw, nova, Bethesda etc. needs to be 1990’s or newer in most cases.
1 Reply
Daniel Green
OP
Member since 2025 · 8 posts · 2 votes
1y
Quote from @Jack Seiden:

Quote from @Daniel Green:

Hey everyone,
I'm Dan, 35 here, I'll be able to make my first purchase in summer '26. I work in Potomac, MD, and would like to buy a condo or apt that I can easily commute and live in, and then eventually rent out, and then buy another.
I'd be happy to make connections over similar goals, and to learn about tax info for DC, great spots to buy, and trends for rentals. I figured DC would be a great area to invest in because it attracts tons of young professionals. Maybe you can prove me wrong?
Let's talk,
Dan
Ive actually been looking into buying a condo myself as an investment, I have a few rules, needs to be with both good hoa management & relatively cheap fee (bellow $600 a month) needs to be in area where I’m not competing against other new construction apartments, needs to be an area where even townhomes are so expensive you are not competing, I.e. upper nw, nova, Bethesda etc. needs to be 1990’s or newer in most cases.

Hey Jack,
That's sound parameters. Thank you!
0 Reply
Chris SeveneyBusiness Member
Moderator
Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
1y
Quote from @Daniel Green:

Hey everyone,
I'm Dan, 35 here, I'll be able to make my first purchase in summer '26. I work in Potomac, MD, and would like to buy a condo or apt that I can easily commute and live in, and then eventually rent out, and then buy another.
I'd be happy to make connections over similar goals, and to learn about tax info for DC, great spots to buy, and trends for rentals. I figured DC would be a great area to invest in because it attracts tons of young professionals. Maybe you can prove me wrong?
Let's talk,
Dan

Welcome!! I am on the other side of the bridge in Virginia - there is a good amount of DC area people here on BP
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Shafi Noss
Lender · Nationwide · Member since 2018 · 571 posts · 310 votes
1y
I live in MD, happy to connect.
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Meghan Carson
Real Estate Agent · Memphis, TN · Member since 2024 · 250 posts · 71 votes
1y
@Daniel Green
Welcome to BP! Good luck with your endeavors!
0 Reply
Dominic M.
Property Manager · Northern Virginia & DC · Member since 2020 · 157 posts · 69 votes
1y
Quote from @Russell Brazil:

Quote from @Daniel Green:

Hey everyone,
I'm Dan, 35 here, I'll be able to make my first purchase in summer '26. I work in Potomac, MD, and would like to buy a condo or apt that I can easily commute and live in, and then eventually rent out, and then buy another.
I'd be happy to make connections over similar goals, and to learn about tax info for DC, great spots to buy, and trends for rentals. I figured DC would be a great area to invest in because it attracts tons of young professionals. Maybe you can prove me wrong?
Let's talk,
Dan

Welcome to BP. The market in the area is dynamic and continually changing. It has been though historically one of the most stable markets in the country, with very predictable patterns.

Totally! PM here - happy to help the BP community with rental analysis, leasing trends etc should you need anything from me - Northern VA and DC.
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Daniel Green
OP
Member since 2025 · 8 posts · 2 votes
1y
Quote from @Shafi Noss:

I live in MD, happy to connect.

Hey Shafi,
That's great! What area are you around?
Dan
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Shafi Noss
Lender · Nationwide · Member since 2018 · 571 posts · 310 votes
1y
I live in North Bethesda and grew up in Bethesda, went to Walt Whitman highschool, not too far from Potomac.
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Daniel Green
OP
Member since 2025 · 8 posts · 2 votes
1y
Awesome! I'm currently in Potomac, working at a private school here.
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Daniel Green
OP
Member since 2025 · 8 posts · 2 votes
1y
Quote from @Meghan Carson:

@Daniel Green
Welcome to BP! Good luck with your endeavors!

Thank you!
1 Reply
Cassidy BurnsBusiness Member
Investor · Alexandria, VA · Member since 2016 · 859 posts · 460 votes
1y

@Daniel Green some good suggestions and really high performers on this thread, you are in good hands.
My thoughts: don't get set on just one trend since your goal is to purchase in 2026, as we've all experienced, a lot can happen in a year. Keep watching the market and align yourself with people who are actively buying, they will have their fingers on the pulse of what is going on.
Today I'd say buy a condo in DC for a discount, tomorrow that advice may be different.
We host an investor meet up monthly in Alexandria, could be a good place to start. Good luck!

[email protected]540-960-1507
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Daniel Green
OP
Member since 2025 · 8 posts · 2 votes
1y
Quote from @Linus Le:

I am watching the DC market too. Looking for good deals to buy. No Hoa. I think many ppl will be moving out soon.

Yes that is probably likely. Good opportunity for others to move in. I will be buying next summer. I am imagining the market will look quite different then. Hopefully.
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Daniel Green
OP
Member since 2025 · 8 posts · 2 votes
1y
Quote from @Cassidy Burns:

@Daniel Green some good suggestions and really high performers on this thread, you are in good hands.
My thoughts: don't get set on just one trend since your goal is to purchase in 2026, as we've all experienced, a lot can happen in a year. Keep watching the market and align yourself with people who are actively buying, they will have their fingers on the pulse of what is going on.
Today I'd say buy a condo in DC for a discount, tomorrow that advice may be different.
We host an investor meet up monthly in Alexandria, could be a good place to start. Good luck!

Hey Cassidy, great advice. With all the changes lately, I know things are volatile. Where does your meetup meet? It would be great to come.
Dan
0 Reply
Daniel Green
OP
Member since 2025 · 8 posts · 2 votes
1y
Quote from @Russell Brazil:

Quote from @Daniel Green:

Hey everyone,
I'm Dan, 35 here, I'll be able to make my first purchase in summer '26. I work in Potomac, MD, and would like to buy a condo or apt that I can easily commute and live in, and then eventually rent out, and then buy another.
I'd be happy to make connections over similar goals, and to learn about tax info for DC, great spots to buy, and trends for rentals. I figured DC would be a great area to invest in because it attracts tons of young professionals. Maybe you can prove me wrong?
Let's talk,
Dan

Welcome to BP. The market in the area is dynamic and continually changing. It has been though historically one of the most stable markets in the country, with very predictable patterns.

That's great to hear.
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