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All Forum Posts by: Albert Smolinski

Albert Smolinski has started 7 posts and replied 13 times.

Post: Building equity

Albert SmolinskiPosted
  • Alexandria, VA
  • Posts 13
  • Votes 3

To start out I haven't ever bought a property. In conjunction with having rental properties I thought it would be a good idea to purchase a property with the intention of selling in the next 3 years, by getting a 3/1 or 5/1 ARM loan, after equity is realized. Currently I rent. My question is what signs do I look for to determine that the area could increase in value?

Post: Setting renting prices

Albert SmolinskiPosted
  • Alexandria, VA
  • Posts 13
  • Votes 3

Thanks Ed! That's a good starting point. Thanks for the info.  

Post: Setting renting prices

Albert SmolinskiPosted
  • Alexandria, VA
  • Posts 13
  • Votes 3

I'm extremely new to real estate. My question is when you buy a property,  what criteria do you look for when setting  rent price?