Kitchen Needs Upgrades how to invest in real estate real estate investing beginner real estate investor

Chasing #Foreclosures! The Needy Upgrade House! #foreclosure

It’s Foreclosure Saturday! We have a standing appointment every Saturday to meet with our Real Estate Broker and look at foreclosures. We believe the real estate market is poised to take off and we want to be on-board the rocket ship! Therefore, we are always looking. When you think of foreclosures, you probably think of […]

Galley Kitchen w/ Upgrades how in invest in real estate beginner real estate investor

4 Steps to Get #Property Ready for #Rent! #propertymanagement #landlord

We have a 3 bedroom brick townhome ready for rent! It has 3 levels of living space, 1 full bathroom, 3 half baths, and a stunning brick fireplace in the lower level family room! Our lease requires that tenants have the rental property professionally cleaned when they move out. Our strategy for getting the property […]

Luxury Real Estate in Washington DC Suburbs how to invest in real estate beginner real estate investor

The Ultra-Rich Favor #RealEstate! #realestateinvesting

If you are still looking for a reason to invest in real estate, it may influence you to know that the ultra-rich favor real estate over the stock market! Real estate is what’s known as a hard asset, a tangible asset, which is something you can touch and feel. It is not bits and bytes […]

Termite [Photo Courtesy: commons.wikipedia.org] how to invest in real estate beginner real estate investor

Chasing #Foreclosures! The #TermiteHouse! #foreclosure

We recently became aware of a 3 bedroom 2.5 bath townhouse for auction. It was listed for a minimum of $207,000 plus a premium of 4.5%. We asked our Real Estate Agent for “comps” and discovered that a townhouse in the same development sold for $292,000 more than a year ago. To the naked eye, […]

Plumbing Leak Damges Ceilng! water damage how to invest in real estate real estate investing beginner real estate investor

#Plumbing #Leak Damages Ceiling & Walls! #propertybrothers

We own a 2 bedroom condominium that we purchased last year. The unit above ours was foreclosed around the same time, and a new owner purchased the above unit about 6 months ago. We were able to take a peak at the above unit while it was vacant and it needed lots of work. A […]

Dining Room Hole in the Wall beginner real estate investor how to invest in real estate

4 Lessons Learned – #Section8 #TenantScreening

Let me preface this post by saying that we are not casting aspersions on the Section 8 program. We can only speak from our personal experiences. During the past 2 -3 years, when we advertise a property for rent, we get many inquiries from prospective tenants who have “housing vouchers.” The “housing vouchers” go by […]

Foreclosure Kitchen beginner real estate investor how to invest in real estate

Chasing #Foreclosures! The #FixerUpper! #foreclosure

It’s Foreclosure Saturday! We have a standing 4pm appointment every Saturday to meet with our Real Estate Broker and look at foreclosures. We believe the real estate market is poised to take off and we want to be on-board the rocket ship! Therefore, we are always looking. When you think of foreclosures, you probably think […]

Condominium Living how to invest in realestate beginner realestateinvestor realestateinvesting

When #Tenant Borrows Security Deposit … #tenantscreening

We posted a 2 bedroom condominium for rent. The condo is located in a lower middle class area, so it was taking longer than usual to find an acceptable tenant. A 41 year old man submitted a rental application. His initials are DA. DA had fair credit, an acceptable salary, and a good landlord reference. […]

Rental Townhome how to invest in real estate beginner real estate investor handsonrealestateinvesting

When #Tenant Negotiates Up Front … 3 #LessonsLearned

We have a 4 bedroom 3.5 bathroom townhouse for rent. We received an inquiry from a 47 year old male schoolteacher with a 12 year old daughter. His initials are KLJ. A divorce damaged KLJ’s credit, but his income is over $80k per year, and he has a very good landlord reference. Due to his […]

Photo Courtesy: www.pixabay.com

When #Tenant Offers Double Security Deposit … 3 #LessonsLearned

We are screening prospective tenants for a 4 bedroom 3.5 bath townhouse. A young couple with 2 children viewed the townhouse and liked it very much. As we began talking about their qualifications, they mentioned that she had delinquent student loans and he had no credit at all! To counter their poor credit, the couple […]