Driving for Dollars in High-Priced Virginia
I live in Loudoun County in Northern VA, avg price point is ~500k for a SFH and I am starting to drive for dollars.
Just curious for those that do/have done this:
- how do you approach this practice in areas where there aren't really any borded-up properties or "visibly distressed" properties?
- my investing strategy is buy/hold and BRRRR which I think works in this market because I'm making more long-term plays.
- have you found a deal/deals in a high priced market and can share the details?
FYI I'm a new investor so I'm still in the planning phase. I am still researching and part of that is coming to BP and masterminding with others. My goal is to get my first property in 2021.
Thanks all. Happy Monday