More Appealing Property Management Compensation Model
Monday, July 27
Property management is expensive. In this area it looks like the typical model is 1 months rent plus 10% of monthly - if you are both getting tenants and managing with the agency. The first year is brutal for the landlord - %18.333 of the gross rents go to the agency. Even worse the incentive ...
People in Real Estate
Tuesday, June 09
@Justin Pierce wrote an interesting article for the Washington Post about people in Real Estate. http://www.washingtonpost.com/blogs/where-we-live/...Mainly he describes how he has been disappointed with people in his real estate dealings. Greed is a big driver of misbehavior that he covers in ...
Real Estate Market Cycles and Investing
Wednesday, May 13
I got thinking about this subject based on a blog post about a current bubble from Ben Leybovich: http://www.biggerpockets.com/renewsblog/?p=72742Brandon Hall linked to this interesting article in the comments:http://www.dce.harvard.edu/professional/blog/how-u...Ben stated in his blog post that h...
My previous Residence - Reston SFH
Monday, February 09
We have lived in Reston for about 6 years. We found a house that we loved in Herndon. Our current house needed some work to be ready to sell, so we decided to rent out the house in Reston.We were able to qualify to buy the house in Herndon while keeping the Reston house.I made a poor choice in ...