New to The forum from Virginia.

[Jermaine Evans]

Hello All,

My name is Jermaine From Virginia and I'm new to the forum. I joined to get more info and contact with people in real estate investing. I'm looking to gain knowledge in real estate investing. I'm particularly interested in rental properties. I currently have one and would like to purchase more to create passive income. Thanks in advance for any advice you have.

[Nathan W.]

Hey man, welcome to the forum.  I am in Alexandria as well.  This is a very tough market for rentals since the purchase price to rental price ratios are so skewed.  It is very tough to make a cash flow play around here and most beginners don't want to take an appreciation play (which admittedly does have huge upside here) due to the risk.  I am struggling with this myself.

I've decided for passive income I am going to look at purchasing notes in the area, as well as look at tax liens in DC and maryland (VA is not a tax lien state). That is about the only way an investor can make a passive cash flow play in this area.

If you want to be more active, both wholesaling and flippings are very lucrative in this area with the high prices.