All Forum Posts by: Austin Haag

@Nathan Metheny

My property in College Station is fully rented. I don’t foresee an issue, at least in my area. Gig’em!

@Brian Douglas People often assume that it’s easier to write the check than to do the work, but understand that he had to get that money somehow, and from your comments it seems as though it was from a history of experience and work. So, know that money didn’t come from nowhere, and respect it. It seems he is taking all the actual risk, and so deserves the reward. I believe that deal is great, and would jump on it! A couple deals like that, and then you can write the check, and place yourself in his shoes.

Sorry, not sure how to edit: The price offered was 520, not 620. Also, the military comes into place because I will be moving in about a year.

Hello, I currently own a condo located at 7222 47th Street, Unit R-1, Chevy Chase MD 20815. I am in the military and bought it last year (Aug 2017) for 295k. I completed a renovation (about 30k), and went to refinance. That’s where things got interesting. In the last year, almost every building around me was bought and now high rises are being built around this purple line. I didn’t even know about that. Anyway, I had my unit appraised and they came back at 459k. Additionally, the real estate company who sold it to me reached out and said they would be willing to buy it for 620k. That’s almost double what I paid! Should I sell it? Or should I hold it and rent? It was supoosed to be a rental property. I’m new to all this, and want to get into real estate. I’m an economist by training, but am the first to admit that I am out of my league with this decision. Here is a 3D with the renovation (in case the old before pics are still up): https://my.matterport.com/show/?m=1SANsM4aLgk&mls=1