We have a large 4 bedroom 3.2 bath brick townhouse that is the crown of our rental properties. We decided to sell the property during the pandemic to get the highest price possible. However, in our state, tenants have the right to purchase the rental property first. Bummer! We were really looking forward to getting […]
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Selling Primary Residence Nightmare! #homesforsale #homeforsale #forsale
Full Disclosure — We are real estate investors, so we do not get emotional about buying or selling investment properties. However, when it’s the home you’ve lived in for 20 years, and you decide it’s time to sell and move on, it can become emotional and exasperating … We have worked with an excellent Real […]
When Your #RealEstateAgent Overprices Your #HomeForSale … #realestateinvesting #realestatetips
When listing your home for sale, one of the biggest mistakes your Real Estate Agent can make it to overprice your home! We have a relative who listed their home for sale 30 days ago. The average days on market for that zip code is 41 days. The comparable homes in the area sell for […]
The #RealEstate Bubble is Coming — Get Ready! #realestateinvesting #housing
The Federal Reserve is raising rates. The 10-year Treasury is inching closer to 3%. Commodity prices (gold, silver, oil, copper ) are increasing. What does all of this mean? When interest rates and tangible asset prices start going up, real estate is not far behind! If you plan to sell your home during the next […]
3 Steps to Lower #RealEstate #Taxes! #taxcut #taxcuts
The lower your taxes, the more money you keep in your pocket! According to an article by Ilyce Glink and Samuel J. Tamkin, there are three easy steps to make sure you are paying the least amount (legally) for your property taxes. Homestead Exemption Property Tax Appeal Comparable Homes Appropriate Homestead Exemption Check with your […]
How to Buy Your #FirstHome! #firsttimebuyer #newhome #housing #homebuyer
Owning your own home is the key to building wealth in the U.S.A. Why? 2 reasons: Appreciation — Over time, real estate increases in value Tax Benefits — Federal and State Tax deductions of mortgage interest and property taxes If you would like to purchase your 1st home, and you are starting from ground zero, […]
How We Got Started #Investing in #RealEstate! #invest #realestateinvestor
First Investment Property We bought our first investment property in the late 1980s. We had been married for 5 years. We both worked full-time. We paid our bills on time, so we had good credit. We didn’t need tens of thousands of dollars for down payment because we could assume the existing loan on the […]
Tour Luxury Real Estate in #WashingtonDC! #luxuryrealestate #luxuryliving #luxurylifestyle
It is an American tradition … we always like to know how the other half lives. We are not jealous or envious, we just like to dream and plan so that one day, we might be able to ascend to that level. When we ride through neighborhoods that are obviously “the high life,” we like […]
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 […]
#Plumbing #Leak Flooded #RentalProperty! #propertybrothers
We were 99% complete on a renovation project to add a full bathroom to the lower level of a rental townhouse we just purchased. The contractor did excellent work. The only concern was it took much longer than projected by the contractor. We went on vacation for a few days, and when we returned, we […]