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All Forum Posts by: Alyssa Yumi Nelson

Alyssa Yumi Nelson has started 5 posts and replied 12 times.

@Bruce Woodruff Thanks and good to hear that the prices shouldn't be quite so high. I will keep looking around until I can find something more reasonable.  @Account Closedthank you for the thoughtful response. Somehow it didn't occur to me to just go ahead and get it snaked versus starting w/ a scope. 

I am curious about how often landlords perform sewer scoping as part of preventative maitenance. I can find info/advice on scoping as part of initial due diligence but not so much as a PM effort. Although my property in Baltimore isn't exhibiting any symptoms, it hasn't been scoped in at least 5 years. It's a 100 year old home, although city records state a permit was requested for water/sewer line re-construction in 2005. Main reason I'm hesitating is because I'm getting quoted $700 to get a scope done. Any thoughts? 

Hello! I recently failed my certificate of occupancy building inspection in part due to "1. 2017 R401.3 Missing Energy Certificate". When I asked the inspector how to correct this issue, she told me to "google it". I found the DC energy certificate template she was referring to but I do not know how to complete all the information they request such as air leakage test results, fenestration rating, insultation rating, etc. The flippers who sold me the house are non responsive. Anyone have a clue how to complete these things? 

Thanks @Erin Dorsch ! I decided I'm going to try and making house hacking in DC work, but I am still considering Baltimore for the future so may take you up on your offer then :) 

I own my primary in DC, have a rental in Upper Fells and have recently started my search to expand my portfolio. My target total purchase price is 175k-200k, and I am hoping to buy a relatively turnkey place that will cash flow with some modest appreciation as a LTR. (Although I am a bit more interested in cash flow at this point.)

I am told in my price range this would be difficult to do in Baltimore City, at least in a neighborhood that is less risky/has some appreciation potential/is desirable to tenants. Questions: 

-I am looking at Patterson Park area, Upper Fells, Highland town. Is it possible to buy relatively turnkey property in the 175k-200k range that is worth buying? Are there other neighborhoods I should be considering?

-I’m trying to establish criteria for a “good property” is. For example, I am told a two-bedroom is not desirable. I’m not sure this is true, but is there anything else I should keep in mind that I should consider a deal breaker- like a minimum square footage, lack of parking pad etc.

-I’m also considering Dundalk area. Is there sufficient rental demand there? According to one source there appears to be very little appreciation there; can anyone confirm? If anyone is familiar with Dundalk and would be willing to chat I’d appreciate it.

    Hello, I am having trouble finding active REIA groups or meetups that are actively meeting. Many of the meetup groups haven't had any recent events, or are primarily online webinar without a networking component. Does anyone have any recommendations?

    I think I'm leaning towards Baltimore since it's affordable and still drivable. @Joe Norman @Tim Jacob do you all know any good PMs in Bmore? 

    @Aj Parikh I will message you, I have considered Detroit since I have ties there, but it's a high risk market that is block by block and would be tough for out of state. Haven't considered other parts of Midwest though.