We recently purchased a 4 bedroom 2.5 bath townhouse foreclosure. We plan to rent it out, but first, we want to increase the market value and monthly rental income by adding a full bath! The 4th bedroom is on the lower level. We just added a walk-in closet to the 4th bedroom. To learn more […]
Posts with the real estate investment tag
Chasing #Foreclosures! The #LightHouse! #foreclosure See Videos!
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 Bidding on #Foreclosures … #realestate #foreclosure See Videos!
Bidding on foreclosures is riskier than making an offer on a property listed for sale by a private seller. The reason is because foreclosures are sold “as-is,” meaning the seller offers no warranty on the condition of the property. If the property has been vacant for awhile, problems can fester and grow worse over time. […]
Do Power Lines Hurt #RealEstate #MarketValue?
It’s Foreclosure Saturday! We have a standing appointment to meet with our Real Estate Broker every Saturday to look at candidates for purchase. We met to view a large townhouse that has been foreclosed twice in the past 4 years. The townhouse has 3 bedrooms and 2 full baths on the upper level; a large […]
Hot #RealEstate Markets in #WashingtonDC, #Maryland & #NorthernVA!
The real estate markets in the Washington Metropolitan area include Washington DC, and it’s surrounding suburbs in Maryland, and Northern Virginia. These markets have always been supported by good, middle to upper middle class jobs provided by the Federal Government. For details on what’s hot in Washington DC, Suburban Maryland and Northern Virginia, click: What’s […]
#TenantScreening — Bait & Switch! #tenant #tenants
For the first time in our real estate investing career, we encountered a bait & switch ruse. Here is what happened … We began advertising a 3 bedroom townhouse for rent. Our first phone call was from an elderly woman in her late 60s. Her initials were AP. AP said her retirement income was $6500 […]
#RealEstate #RetirementPlan in Action! #retirementincome
We have written several articles on how to create your own retirement plan by investing in real estate. Our articles include: Create Your Own Pension Plan Secure Your Retirement with Rental Income 4 Reasons to Add Real Estate to Your Retirement Plan It is gratifying to see an article about a young couple who purchased […]
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When #Tenant Offers All Cash & Quick Move-In … #tenantscreening
Many years ago, when we were beginner real estate investors, we advertised a 1 bedroom condo for rent in the local newspaper. A woman with the initials VW called to make an appointment to see the condo. When she arrived, she told me she was in a situation where she had to move right away […]
#RealEstate #Rents Skyrocketing! #invest #investing
If you are still undecided about investing in real estate, here is one more reason: Rents are skyrocketing! We recently received 30-day notice from one of our tenants. He is renting a one bedroom condo for $975 per month. When I googled rents for our area, I was shocked to see the lowest rent at […]
Chinese #RealEstate #Investment Exploding in U.S.! #invest
Money flowing in from China creates demand for real estate in the U.S.! Whenever other countries have evaluated our real estate potential, and have determined the U.S. is a good place to invest their money, it’s a positive development. It encourages other countries to take a look at U.S. real estate. The exciting details are […]