All Forum Posts by: Bryan Sumardi

Thanks @Robin Duhon I just I just need to do my own research with creating a lease and be more involved with the property management side.

Investment Info:

Single-family residence buy & hold investment in Baltimore.

Purchase price: $110,000
Cash invested: $17,000

3 bedroom, 2 bath home in 21213

What made you interested in investing in this type of deal?

I bought it from another investor and wanted to buy and hold while area gets developed

How did you find this deal and how did you negotiate it?

My realtor found the property for me

How did you finance this deal?

VA loan

Lessons learned? Challenges?

Bring a trusted contractor to see the house before purchasing

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

CLA Title & Escrow in Rockville, MD

Hi, I bought my first property in September of 2018 with a VA loan because I am prior military. I have owned the house for over a year now and my original plan was to hire a property manager to find me a tenant. I bought the house from a previous investor who had tenants already and wanted to liquidate. My property manager is now telling me I need to do more renovations to the house before it can be rented. I don't have the money to complete the renovations. I'm debating on selling the house to break even or just manage the rental myself. The house is in Baltimore, MD. Please advise.

Thanks Andrew

Hi Russell, what is the location of the meet up?

Hello! I've been listening to the BP podcast and the BP money podcast and I've learned a lot so far! I'm a 27 year old USMC veteran. I bought my first property when I was 26 using a VA loan. I'm currently living in my property and looking to rent it out once my year primary residence mandate is done.

I recently started my own personal training business June 2018 as well and balancing out a full time job with the state department. I'm look forward to networking with other investors in my DC, Maryland, Virginia area. Also I run a podcast called "The Catch Up" where I highlight people who are talented in health, wealth, and creativity. I'm looking to add a bigger emphasis on real estate investing on the podcast. Thanks for reading!