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5 Things To Know When Buying A Rental Property
Working with investors...these are the Boxes that need checking as you review the prospective properties..thank you Amanda S. Davidson !
5 Things To Know When Buying A Rental Property
If you’re a homeowner who also wants to become a landlord there’s a lot to consider. Surprises when buying a rental property are never welcome and can often be avoided. Before you become an investor check out 5 things you need to know when buying a rental property.
 
The rental market in Northern Virginia is extremely strong and prices have been rising for over 10 years. Demand for rentals is high and millennials make up a large amount of the demand. They are often opting to rent well into their 20’s due to the high real estate prices in this area combined with student debt and older child-rearing years.
 
High demand in a desirable market like Northern Virginia creates an excellent opportunity to purchase an investment property.
 
Here’s what you should know when buying a rental property.



Location
Let’s say it again … location, location, location. It really is THAT important. Selecting a market with low vacancy rates and high demand should be at the top of your list when ... more

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