Where Should You Buy an Investment Property in Northern VA?

 

Have you thought about investing in property in the northern Virginia area? Here's some general advice to follow. 

 

Where's a good place to invest in real estate in northern Virginia?

Northern Virginia is a challenging market for investors if you're looking to buy and hold a property. There are some pockets in the area where you can possibly buy and hold an investment property—typically we look to buy one of these homes with 15% down with a 15-year loan to be paid off by your tenants. If the numbers make sense, it's a great idea.

If you're looking to invest in real estate, I would consider buying in Maryland. If you're a Virginia resident and you invest in Maryland, understand that when you sell, there will be an extra out-of-state tax. There are also a lot of opportunities in outlying areas; go down 66 and 95 to see these kinds of places.

IF YOU’RE LOOKING TO INVEST IN REAL ESTATE, I WOULD CONSIDER BUYING IN MARYLAND.
— Dan Rochon

If you want to learn more about investing in property, feel free to reach out to me or attend one of our investor workshops on the last Wednesday of each month. Just send me an email or give me a call and I'd be happy to give you some more info.

Finally, thanks to Justin Hall for the great question. We're sending a $25 gift card your way for submitting it!

I look forward to helping you soon.

 

Dan Rochon

Dan Rochon is an Associate Broker in VA, Broker in MD; Operating Principal/ Owner of the Keller Williams Realty office in Alexandria - Kingstowne, VA; Owner of Rochon Investments, LLC; Owner and Co-founder of www.GreetingsVirginia.com and Owner of other Joint Ventures as well as a real estate principles instructor at Moseley Real Estate Schools. 


As a real estate sales agent, Dan and his team are consistently top producers in their marketplace and provide solutions for their clients. Through their investing company, Dan and Traci Rochon have been investing in residential and commercial real estate ventures for more than the past decade.


Dan and his wife Traci are frequent speakers and are often quoted in media stories about the current real estate market. The Rochon's have been featured on The Nightly News with Brian Williams, The Today Show, CNBC, The Washington Post, The Washington Examiner, WTOP News, Voted as The Best of DC Real Estate Agent in the Washington City Paper Readers Poll, and more...