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Reply to "Why aren't DC homes selling???"
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[quote=Anonymous][quote=Anonymous]I only anacostia and other SE areas as the value play right now. Invest in multi families there and get a good deal on rental income. [/quote] If you are willing to buy in cash, invest to get the place up to code after 30+ years where the owner did nothing, and managed the landlord tenant court process to evict those who aren't paying , I agree. But of course it's always easy to make money when you already have some, and I am not sure that buying multifamily properties eotr is a better investment than much easier things like stocks, bonds, and REITs.[/quote]
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