All Forum Posts by: Drew B.

Mark. Welcome and thanks for the reply. My wife and I have invested in relatively low end townhouses in MoCo, however we are finding it challenging to find multi-family in that area or any place close to DC within our price range/level of risk.

Either we've felt uncomfortable with the expense of the multi-family properties or (perhaps incorrectly) equated the higher priced properties as a tradeoff of low cash flow and possibly higher appreciation (due to increasing rents) vs higher current cash flow and lower appreciation in the more remote areas. My current preference is cash flow.

Have you identified any particular locations of interest in NoVa or elsewhere?

Drew

Hi. My name is Drew and I live in Jefferson County, West Virginia.

My goal for the past 5 years has been to generate passive income using a buy and hold strategy. While located near Martinsburg, my primary geographic focus has been in nearby Washington County (Hagerstown/Williamsport), Frederick County and Montgomery County, Maryland.

At one point I was primarily interested in townhouses. Recently my preference has shifted toward small multi-unit residential and commercial properties with a residential component. Ultimately I have an interest growing a portfolio and possibly dabbling in other types of properties and strategies (flipping, development, etc.).

My primary strength is my analytic ability, whereas my primary weakness has been using a conservative approach.

I am excited to continue learning and potentially working with BP community members.

Drew