Photo of Ryan Hehman,

Ryan Hehman Go Brent Realty

States: Maryland & Washington, DC

MD Counties: Prince Georges County, Montgomery County, and Anne Arundel County

MD Cities and Towns: Hyattsville, Riverdale, Mount Rainier, College Park, Brentwood, Berwyn Heights, Beltsville, Cheverly, Silver Spring, Takoma Park, Bethesda, Chevy Chase, Kensington, Rockville, Gaithersburg, Burtonsville, Columbia, Laurel, Jessup, Woodlawn, Adelphi, Annapolis

Washington DC: Adams Morgan, Anacostia, Brookland, Capitol Hill, Capitol Riverfront, Columbia Heights, Congress Heights, Downtown, Dupont Circle, Foggy Bottom, Georgetown, H Street NE, Ivy City, Logan Circle, Mt. Vernon Square, National Mall, NoMa, Penn Quarter/China Town, Petworth, Shaw, Southwest/The Warf, U Street, Upper Northwest, Woodley Park

Licensed Since: 2019 | MD License # 677576 |  DC License # SP200203438

About Ryan Hehman

As a transplant from NY, Ryan moved to the Washington DC area in 2002, and since then has watched its incredible population growth transform many once-neglected neighborhoods into thriving, desirable places to live. Now this vibrancy and development is extending to the DC suburbs as well, with many areas ripe for investing.

Ryan began investing in real estate himself in 2015, actively purchasing his own rental properties, flipping homes using private money, coordinating the renovations and permitting process, and managing rental properties for other investors.

While investing on his own, he also realized his passion for helping other investors reach their goals as well. Now, after having a wide variety of experience in the single family investing space, he enjoys drawing on this knowledge to help his clients find, analyze, and purchase their investment properties, and then get them stabilized or sold quickly.

Ryan hangs his license with Go Brent Realty, a boutique firm that is client-centered and focused on problem solving and exceptional service. Go Brent has a stellar local reputation alongside a generous seller marketing package and advertising team that makes a real difference when selling your fix-and-flips. Go Brent always provides complimentary staging to their clients which research has shown positively influences buyers’ perceptions when compared with viewing an empty house.

Whether you are looking for a property to hold as a rental or fix and flip, Ryan looks forward to using his energy and knowledge to find you a great deal.

Market Overview

Maryland

Northern Prince George’s County (and the Route 1 Corridor in particular) has seen a high degree of population growth in the past 5 years, and is seeing the beginnings of its matching planned development take place. Towns like Mount Rainier, Hyattsville, and College Park continue to experience price appreciation while they are turning from sleepy suburbs into destinations with their own downtown centers and Arts Districts. For renovations, it’s possible to purchase at affordable prices and transform into a high-demand luxury listing. For a buy and hold strategy, you will benefit from rising rental rates and high demand.

In addition, College Park is a stable college town with a mix of healthy multi-family and single-family opportunities, (although Prince Georges and Montgomery county have very low multi-family inventory compared with other suburban markets). In recent years, the university has spearheaded development to increase the student population which has had a measurable positive impact on off-campus housing as well. Many investors are able to increase their cash-flow here through a rent-by-the-room strategy. Happily, the University of Maryland is friendly towards working with landlords and helping them advertise.

Prince Georges’ County is also a perennial destination for professionals relocating to the DC Area for jobs with the government, as contractors, or at one of the many nearby universities. With a number of investment strategies to pursue and the increasing interest in the still-affordable suburban market, you will be sure to find solid opportunities here.

Washington, DC

The population of Washington, DC has exploded over the past 15 years, bringing along many changes to its city neighborhoods. DC’s thriving tourism economy has expanded alongside it, bringing a blossoming food scene and night life that now rival other east-coast destinations.

Housing prices, density, and buyer demand have also increased in recent years due to the city’s extensive professional job market for both government employees and contractors, and its relative resistance to job market downturns. Along with high sales prices comes a highly competitive rental market, with higher and more stable rental prices as a feature. In DC, rents jumped 15.7% between Q1 2021 and Q1 2022.

As a result, most of my buy and hold clients who are able to cashflow in the District do so by utilizing either a rent-by-the-room strategy, or a modified BRRR technique that is targeted at zip codes where voucher holders receive a higher than normal rental subsidy from the city government. Other buy and hold investors choose to enter the multifamily space, where value-add renovations and subsidized tenants can make you a significant return. In contrast to the surrounding Maryland suburbs, DC has a wide diversity of multi-family housing inventory.

Investment Price Points

Maryland

$275-$350k - Rehab needed rancher/rambler or turnkey townhomes. B and C-class neighborhoods

$350-400k - cosmetic renovations needed; potential whole-house rental. B Class neighborhoods

$400k-475k - turnkey or minor repairs needed; rent by the room, furnished medium-term rentals (30+ days)

Washington, DC

$140k-$200k - Condominium Units in B-C Class neighborhoods

$425k-525k - Rowhomes in B-C-D Class Neighborhoods

$525k+ Rent by the Room or subsidized housing Strategies in A-B Neighborhoods

Free Report: Demographic and Housing Data on the Maryland or DC Market

Would you like free demographic and housing data on the Maryland or DC market? The report includes information on schools, income, employment, crime, average sale prices, fair market rents and more. You can get reports on the whole market or zero in on a specific zip code.

This report has all the info you need to help you decide if the Maryland or DC market is right for you! Click here to get your free report.

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