wpadmin – Page 3 – Your real estate wealth rescuer

How’s the Market? Is it softening? Is this a shift?

Short answer – We don’t know yet, but right now it looks like summer slow down. Let’s start with the stats – how did July look? Average prices in Maryland for July are up 13.6% to $446,802. Since June 2021, the supply/months of inventory increased to 1.1 (in July 2020, it was 2) and median… Continue reading How’s the Market? Is it softening? Is this a shift?

Important Resources to Read Before You Buy Your First Rental Property

Before You Buy Your First Rental Property Image via Rawpixel Important Resources to Read Before You Before You Buy Your First Rental Property | Purchasing a rental property, be it a short-term or long-term rental, can end up being a good investment. It can produce a significant income and set the stage for other types… Continue reading Important Resources to Read Before You Buy Your First Rental Property

Project: Flower House – Contractor Bidding Process

Contractor Bidding Process Welcome back to the Project: Flower House series where I walk you through my renovation project. We already talked about Schematic Design and Design Development, and now we turn to the Bidding Process!

2021 Mid-year Market Review Check in!

Current Market Demand Buyer demand is high – Thank you Captain Obvious! The market in May has softened a bit though (down 7%). Demand is strongest for single family homes priced above $950,000 and higher priced condos. Inventory Inventory is low (similar to 2019 levels). There is 0.7 months of supply for mid-priced single family… Continue reading 2021 Mid-year Market Review Check in!

How to Prep Your Investment Property for Its First Renters

After taking the leap into landlordship, you’re eager to sign your very first tenants and start earning passive income. But before you rush to sign a lease, are you certain you’re ready for tenants? Managing a profitable rental property requires more than an iron-clad lease. It requires good math, careful preparation, and a solid understanding… Continue reading How to Prep Your Investment Property for Its First Renters

Self Storage and Full Service Options in the DC Metro Area

I was recently contacted by a representative of StorageUnits.com, who help people find the best, most convenient storage options in their communities. They help consumers quickly find and compare storage unit companies that meet their needs, whether they are looking for traditional self-storage or a full-service storage and moving solution. StorageUnits.com analyzed 85 facilities in… Continue reading Self Storage and Full Service Options in the DC Metro Area

How’s the Market? Washington DC March 2021

Washington DC March 2021 Market Washington DC March 2021 | Buyer interest rose for each type of home in February with the highest level of demand in the higher-priced single-family and condo segments. Except for lower-priced single-family homes, demand was as high, or higher, than one year earlier. While demand rose over the month, would-be… Continue reading How’s the Market? Washington DC March 2021

Author: wpadmin