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 […]
#CurbAppeal Increases #RealEstate Market Value! #realestatetips
We have a standing appointment every Saturday with our Real Estate Broker. We are always looking for below-market real estate properties, preferably foreclosures. When we drive into a neighborhood, we look for “curb appeal.” How do we identify “curb appeal?” Is the neighborhood clean? (e.g., no trash on the ground) Is the street well-maintained (e.g., […]
Chinese #Invest $93 Billion in U.S.A. #RealEstate! #realestateinvesting
Money flowing into the U.S.A. from China creates demand for residential and commercial real estate! Whenever other countries have evaluated our real estate potential, and have determined the U.S.A. is a good place to invest their money, it’s a positive development. It encourages other countries to take a look at U.S.A. real estate. As real […]
Tour #Luxury Condominium in #WashingtonDC! #luxuryrealestate
The Washington DC real estate market is HOT, particularly the high-end! A new administration full of Wall Street executives and billionaires is flooding the buyers’ market! Secretary of State Rex Tillerson just purchased a $5.6 million dollar home in the Kalorama neighborhood in the upper northwest area. If you don’t have millions, you may have a […]
Chasing Squirrels in the Attic! #propertymanagement
We have a 4 bedroom 3.5 bath townhome that is currently rented by a family. We received a note from them regarding “scratching” noises in the attic at night. This sounds familiar to a call we received a few years ago from a different tenant. Wierd sounds in the attic or ceiling usually mean squirrels […]
When Prospective #Tenant Wants to Move In Quickly … #tenantscreening
We have a one bedroom condominium for rent. The current tenant gave notice about 3 weeks ago. We always require 60 days notice so that we can minimize loss of rent when we have tenant turnover. We advertise using Zillow and Craigslist. It is extremely important to thoroughly screen prospective tenants! Your tenant evaluation criteria […]
Ground Floor Condo Plumbing Backup & Leak! #waterdamage #propertybrothers
The disadvantage of owning a ground floor condominium is that “everything flows downhill …” Whenever there is a backup or stoppage, it occurs at the ground level due to gravity. We have owned this particular condo for 27 years, and have never had any major problems with it. Our tenant is perfect because she pays […]
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 […]
High Tech Growth Fuels Housing Boom in 5 American Cities! #housing2017 #realestate
According to Moody’s Analytics, robust growth in American high technology companies is fueling a housing boom in the following American cities: Nashville, Tennesee Raleigh, North Carolina Austin, Texas Charlotte, North Carolina Cambridge, Massachusetts Nashville According to the Greater Nashville Association of Realtors, real estate prices have increased 49% over the past 4 years! Moody’s Analytics […]
Replace Wood Retaining Wall with Concrete? #propertymanagement
We have a rental property (townhouse) with a wood retaining wall that keeps soil from sliding downhill from the property next door. The wall is at least 25 years old, and it is now leaning due to very heavy snowfall last winter. A contractor suggested using concrete blocks for the replacement, which would require less […]