Right now, we are just limiting it to a couple of areas in the Northern Virginia area. The following are the areas we are accepting submissions for property leads which are located in Fairfax County:
- Falls Church
- Great Falls
- Dunn Loring
- Fort Belvoir
- Fairfax Station
We have had property locators wanting to submit property leads from all over the country.
Let me just explain why we don’t take property leads in all types of different areas. Anytime that we are going to do some type of investing or buying or selling properties in any specific area, we have to spend a considerable amount of time doing research into the market, analyzing the market, and learning what properties make sense to buy. It’s a little more complicated than just “finding a good deal.” Many times in investing it’s about what you can sell so we have to analyze it and find out what properties can sell in that area and that takes a considerable amount of time and sometimes a considerable amount of money.
In addition to that, anytime we are going to start marketing, doing any type of investing in a new area, buying or selling properties, we have to put together support teams in those areas and those teams can include: real estate agents, mortgage brokers, contractors, appraisers, etc. A lot of different people have to really be on board so please don’t get frustrated.
I know that sometimes you might find some great deals in different areas and on occasion, we will be able to work outside these specific areas on a deal or two, but generally speaking, we are trying to limit to those specific areas right now.
As we expand into new areas and we have more staff to support those areas, we will definitely let you know when those new areas become available because more business means greater opportunities for both you and us.