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 […]
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 […]
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 […]
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 […]
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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 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 […]
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 […]
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 […]
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. […]
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 […]