All Forum Posts by: Account Closed

@Jason Zhang PS you find good deal need capital partner holler at me.  But not in Hagerstown lol.  I do like Frederick.

@Jason Zhang Yeah buddy to each their own.  I can only speak from my own experience but have never had a day of vacancy in Arlington, ever.  Also literally the first day I put it on craigslist i'll get a renter the next day.  For ever time I have done this, ever.  Thats why I love Arl lol.

Here is one i'm looking at buying pending wife's tour and approval (lol)

https://www.redfin.com/VA/Arlington/4860-28th-St-S...

Here is my spreadsheet I do not use BP calc (left monthly right annual)

I'm confident I can rent at 1,800 which is higher than the area looks by data, but I target DC people paying 2,200 who are amazed by the space and beauty of this place for "such a low price"  (example:  OH MY GOD I CAN FIT A BED IN THE BEDROOM AND NOT BLOCK ANY WINDOWS!!!)

Ya sure you could invest in Memphis with better looking numbers but for me I love it I love the A+ tenants, virtually zero work, good appreciation for home price and for rent price over the years.

Find a way to make it work.  50,000 new jobs coming to Baltimore with the new Amazon headquarters.  Will be well worth it when you sell for 2x your purchase price in 4-5 years.

You live in Arlington?  I love investing in Arlington with its A++ tenants, super-easy management, zero vacancy, and good expected future appreciation.

Isn't the main business in Hagerstown a big jail?  Tells me all I need to know about that place lol.

Hint, listen to podcast 192 lol

@Ryan E. What is confirmation bias?  I guess I could have googled it in the time it took me to type this.

 Yeah just messing with you, everyone I know from Syracuse wants to move south to get away from the snow.  If you look at population (people moving out) and jobs (i'm assuming they are losing not gaining) the fundamentals are not a great long term market.  BUT if you live there and are not leaving, certainly a career in investing can be had with all of the cheap property up there and good price to rent ratios.  Personally if I lived there I would invest in student rentals in the SU hill.  Parents paying for their kids education practically guarantees the rent.  Good luck, keep posting on your progress, and take action asap to get momentum going.

Syracuse?

Step 1) Move further south VA, NC, SC, GA, FL

Step 2) Then start your investing career

With an attitude like that, you will most likely not find value in eating/drinking with other investors (i.e. networking)