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All Forum Posts by: Dennis Poulsen

Dennis Poulsen has started 0 posts and replied 17 times.

Post: NOVA investors

Dennis PoulsenPosted
  • Investor
  • Fairfax, VA
  • Posts 18
  • Votes 8

@Mayank S. given your price range of $150 - $170k, you should look at some properties in the Dale City / Quantico area. You can find cash flowing properties on the MLS that should fit what you are looking for.

Post: Northern Virginia (NOVA) newbie

Dennis PoulsenPosted
  • Investor
  • Fairfax, VA
  • Posts 18
  • Votes 8

Hi @Spencer Flagg - Welcome!

I agree that the NOVA area isn't the best for rental property at the moment.  But that just means good deals are harder to find.  Like @Jesse T mentioned above - buying your own home with the plan to rent it in the future is a great way to get started.

Post: Newbie from Northern VA in need of Tips for VA Real Estate Exam

Dennis PoulsenPosted
  • Investor
  • Fairfax, VA
  • Posts 18
  • Votes 8

Hey @Krizzio Washington,

My exam was tied very closely to the materials in the course work.  Which company is doing your class?

I did mine through Moseley & their online practice exams were spot on.

Welcome to the site! Nice to connect with a local contact

Post: Investor friendly RealEstate Agent

Dennis PoulsenPosted
  • Investor
  • Fairfax, VA
  • Posts 18
  • Votes 8

Hey @Cedrick Grier - good to connect with you. I'm happy to help you as an agent in VA.

If anyone else is looking for an agent in the Northern Virginia area, I'm happy to help.

Post: Why Don't More Realtors® Wholesale?

Dennis PoulsenPosted
  • Investor
  • Fairfax, VA
  • Posts 18
  • Votes 8

I could see you adding it as an option when you go on a listing appointment.  If a seller is motivated and wants to get rid of their house ASAP, you could offer them an option.  Option A is to list it as normal under seller agency or Option B is that you can make them a cash offer on the spot.  Depending on which way the seller chooses, you can either take the listing or wholesale the property.

I agree that buyer agency is much more difficult.  In that case you could always disclose the process and have the buyer agree to pay a X% commission to you.

Just my thoughts.

Post: New and looking for advice

Dennis PoulsenPosted
  • Investor
  • Fairfax, VA
  • Posts 18
  • Votes 8

Hi Andre,

Next week Traction REIA is having their monthly meetings. I think they have one in Greenbelt MD. I'm planning to attend the one in Tyson's Corner on Thursday if you want to connect then.

Post: Not sure what to do with my NoVA condo

Dennis PoulsenPosted
  • Investor
  • Fairfax, VA
  • Posts 18
  • Votes 8

Hi Loretta,

It sounds like you may need to lower the price to make up for the undesirable aspects of the neighborhood.

I'd be happy to help analyze your property as I'm close to Herndon.

Good luck!