Reply to Considering a Move to Alexandria or Arlington Questions Re: Neighhborhoods

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[quote=Anonymous][quote=Anonymous]Just buy a smaller place in Old Town! We love it here. The further you get from King towards 495, the more you'll get for you money in the SW quad. And North Old Town is up and coming. 22314 all the way! But you'll just need to be patient at your budget.[/quote]

If you do this then make sure you get off-street parking.  We own 9 rentals in the first quadrant.  The biggest complaint we get from tenants is parking.  The second is traffic, getting in from DC.  The kicker for most of them is the size.  We can't do anything about any of those three issues and they are up-front givens.  Those tend to be our rentals that have the most churn.  All in all, Old Town has a lot to offer but be cognizant of the downsides before you commit.

I've lived in quadrants 1, 2 and 4.  Frankly, I preferred 4 out of all of them because the parking problems were mitigated by fewer shops so fewer competitors for parking.  We're in Rosemont now.  It has its own issues.  Traffic is the biggest one.

I do think that $750k is low for the first or second quadrants.  [/quote]

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