Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Investment property in DC "
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]We have two investment properties that we purchased in NE - Eckington. We bought during the 2009/2010 dip so we got in really low (think $200K for a rowhouse). It's been great and we've made tons on both rental income and appreciation based on our purchase price. I think Cap hill is likely too expensive to buy anything that will make since from a rental return perspective. Plus most of the appreciation has probably already been factored into the purchase price of the house. If you aren't willing to go east of the river, then I'd consider trying to find a home in Brookland and the surrounding area. It's not going to be cheap either but if you can find something that you can put a little bit of swear equity into and rent to a family for x numebr of years that'd be the way to go. An alternative is to buy a 3-4 bedroom and rent to section 8 while the property appreciates. Section 8 will pay about $4800 for a 4-bedroom which should cover your mortgage.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
