Newbie from Richmond, VA

[Ian Tudor]

Hi - I live in the Richmond area. I noticed several of you are from this part of the country. Awesome! I look forward to speaking and learning from you.

Currently, my friend, who lives in DC, and I are looking for a buy and hold opportunity, hopefully MFP, in the Richmond area. We are looking for deals anywhere in the city (northside, southside, south of the Fan, westend, church hill, etc) and trying to learn about the process.

I'm a huge fan of open communication so feel free to ask anything real estate related.

Cheers,

Ian

[Account Closed]

Hey Ian,

Welcome. Several new people from Richmond have joined lately - that's good to see.

Ned Carey, the city of Richmond is not a very well managed city by any means; however, there are three universities in Richmond which means there is money to be made. Particularly, VCU's growth and the growth of its attached hospital have really spurred a growth in Richmond the last five to ten years. At the time, I'm spending most of my time in SFHs in the surrounding suburbs of Richmond, but I hope that I'll be able to move into the city in the not too distant future for the very MF complexes you are speaking of.