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Reply to "What is truly going on with the DC area real estate market, please explain? "
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[quote=Anonymous][quote=AgentX][quote=Anonymous]I love it. Started loading up on property around 2010, and now I own 5 sfh’s that I got cheap, 4 townhomes around Shaw that I got for pennies, and two 4 units. People hate on white gentrifiers for many good reasons, but I’d like to say thank you to all the white gentrifiers for helping to make this black guy a rich, rich man. Have a blessed weekend!!![/quote] This makes me smile. Really smart practice, good for you! I tell all my clients to buy, but don't sell. It's the way to go on wealth building.[/quote] But at some point don't you need to sell? I mean, unless you're past the 30-year mark and just collecting rent while paying insurance & property taxes. How many people pay off 12 properties? Is that even realistic for 99% of the population? [/quote]
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