Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
Multi-Family and Apartment Investing
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

User Stats

12
Posts
0
Votes
Karthik B.
  • Dunn Loring, VA
0
Votes |
12
Posts

Washington DC Rent Control Multi-Family Property

Karthik B.
  • Dunn Loring, VA
Posted

Hi,

I'm analyzing a multi-family property (5+) units but less than 10 units in Washington DC. The property is under rent control and I'm wondering what strategies I should consider in acquiring this property. 

The owner would like to sell as-is with all units currently rented. 

Thanks. 
KB

Most Popular Reply

User Stats

17,760
Posts
30,729
Votes
Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,729
Votes |
17,760
Posts
Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

Not sure what you mean by what strategies?  You buy it or you dont.  It is a DC multifamily home, which is in very low supply. Someone is going to buy it...it is just a matter of whether it will be you or someone else.

Also how many units here really makes a difference.  If it is just 5 units...I would consider combining two of the units into 1 to create a 4 unit building, thus unlocking some value.

business profile image
District Invest Group
5.0 stars
46 Reviews

Loading replies...