There are many differences between the way hard money lenders and banks evaluate the deal and structure the loans as far as qualifications, amount of the loan, length of the loan and costs. Let’s explore them a little more in depth.
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Remember, no matter what your mortgage is, rent is not figured upon what you owe to the bank. It is calculated upon what the renter is willing to pay.
Many of the families and young professionals who have given up suburban living for vibrant urban living grew up going to well-funded school systems, with many available resources, and they expect those same standards for their own children.
When you are looking to expand or reorganize your real estate investment portfolio, one of those coming down the pike is turn-key rentals.
Getting Ready for Tenant Turnover
The better the property management services you use, the less tenant turnover you’ll have. Competent property managers will do the leg work for you, screening tenants to ensure they are trustworthy and able to...
Options for lower prices do exist, of course, the further you look outside the DC area. For example, in Baltimore, the average square foot price was $149.
Although revitalization efforts have met with some controversy from the settled residents of the neighborhood, the overall myriad of public and private actions have converged to raise property values and ignite a renaissance in what was once a historic part of the District.
As a landlord, you’ve heard the horror stories and we’re all to familiar with the stereotypes. We want to tell you, it’s not what you think.
Many Millennials are reframing the idea of renting as freedom to follow their dream jobs, and putting that down payment toward something else.
Just a year ago The Washington Post reported that average home prices were so high that there was concern. The Post’s research and analysis noted that neighborhoods matter
Purchasing a house is one of the biggest financial decisions a person can make. Deciding to rent that house out is one of the biggest legal and business decisions a person will make.
You've finally put your rental on the market, and a prospective tenant has the cash needed to cover rent, security deposits and a pet deposit for their cat. They have a full time job, and a checking and savings account.
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