All Forum Posts by: Jessica Swingle

Many investors like Northern Virginia over DC/MD because of its "landlord-friendliness." 

That said, it's more difficult to find viable income opportunities here due to higher prices (unless you look into the "outer" areas of NoVA.) 

A online site you may want to check out is Landlordology.com. I came across it recently and find it to be an excellent resource for landlords (no matter where you invest). 

P.S. I have no affiliation with this site. 

Hope this helps. 

@Ben McMahon 

BP is a great resource. I, too, am just now becoming more active here. 

I will certainly keep my eyes open for possible opportunities/capital for you. Since I started studying the outer VA markets, I've been talking about them with clients. There's a lot to like.

Hi @Forrest Holden.

Reach out to Tracy McAbee. You can let him know I sent you. 

I am not affiliated with his company in any way - he's part of my network and comes highly recommended. 

See attached. 

Hello @Bill Hernandez.

Welcome to BP. 

Glad to hear you're happy with your Virginia rental. Whereabouts in VA?

We recently relocated back to the DC area from FL. I would say it's cold up here - but 70 degrees on Christmas. What else can I say? 

Cheers,

Jessica 

Hi @Michael Wu. 

Have you looked west into the Cumberland area? I'm not as familiar with that market but perhaps I can put you in touch with someone who is. 

Hi KB., 

When you say strategy, are you referring to how to fund the deal/raise capital for purchase? Considering joint venture with equity partners vs. funding from a traditional lender?

Is it MLS or an off market listing? As @Russell Brazil mentioned, DC multifam is high demand/low inventory. 

Hello Landlords. 

Do you own a rental property in Northern Virginia or Washington DC you're thinking of selling? 

I specialize in helping Absentee Owners sell real estate. I am happy to provide a FREE Property Analysis and discuss your current options with you. swinglegroup.com

Contact me: [email protected] | 614 400 6634 mobile 

Created by Jessica Swingle, REALTOR®, The Swingle Group is a real estate company affiliated with Keller Williams Reston/Herndon. We specialize in helping Absentee Owners sell property in Northern VA.

WHAT IS AN ABSENTEE OWNER?

An “absentee owner” is anyone who owns a property they do not live in.

It could be a rental property, an “accidental investment/move-up situation, an inherited or vacant property or rehab project (mid-development or finished product). 

- Single Family
- Condo/Townhouse
- Duplex/Tri/Quad
- Apartments

WHY ABSENTEE OWNERS?

We understand absentee owners have unique needs – often very different than those of homeowners. Even if a property is considered a residential single family home, an absentee owner will have questions such as:

- Is now the right time to sell?
- Does this property still fit my overall investment strategy?
- Should I sell in as-is condition or complete needed repairs/improvements?
- Should I sell to a wholesaler or list on the open market with a REALTOR®?
- Should I sell via direct sale, installment sale or 1031 Exchange?
- Should I sell vacant or subject to existing tenants?
- Is it possible to do an out-of-state closing?
- How do I access capital to complete needed repairs?
- If I decide not to sell, can you recommend a reputable property management company?
- How do I net the MOST amount of money in the SHORTEST amount of time (with the LEAST amount of hassle)?

We believe it’s best to focus our efforts, resources and networks on serving this specialized group of owners instead of trying to be “everything to everyone.” Which is why our business is dedicated to serving these sellers:

- Estate Representatives | Probate
- Rehabbers
- Landlords
- “Move-Up/Accidental” Owners
- Out-of-State Owners
- Long-Term Investors
- Developers
- Syndicates | Joint Ventures 

Do you own property in the Washington DC region? Are you thinking about selling or interested in speaking with us about your options?

Contact Jessica at 202.455.0143 or [email protected].

Hi Jennifer. 

Welcome to BP. 

Sounds like you have a solid strategy ~ flipping and/or wholesaling are essentially jobs in and of themselves. Buy and hold is the long-term game. 

Are you thinking of buying in Fredericksburg? 

Cheers. 

Thank you, @Roger Lin!

For some reason, I'm just now seeing this response. I appreciate your insight and I agree -  there are areas where one or the other strategy must lead.  

Hi all.

I am looking into Northern Virginia sub-markets and am wondering if there are any active/experienced investors/brokers who can offer advice on:

• Fredericksburg
• Winchester 
• Strasburg
• Front Royal
• Woodstock
• Culpeper

I am primarily interested in multi-family properties (for medium-long term hold - will consider stable and value-add opportunities) and it seems there is a concentration of 2+ units in these areas. I understand the stock is older - however, looking for insight on tenant-base, local culture/demographics, supply/demand, economic drivers.

You know, in laymen's terms, the things Wikipedia won't tell me.  

Thoughts?