All Forum Posts by: Brandon James

I understand that DC is tenant friendly. However, where can I find the laws that protect tenants? And laws that protect landlords? My tenant always says, “ I have rights too!” Honestly, I don’t know why she would say this since we have been the best landlords. It all started when we asked her to not smoke in her unit per the lease and then she says we need to give 24 hour notice to enter her unit with a written explanation of the reasons why we are in her unit and the items that were fixed. Usually in the past, she had no problem with coming in her place now it’s different. I need to brush up on tenant rights in DC but it’s hard to find. Please help

Does anybody know about using government grants for buying multifamilies or renovations for a multi family? Live in Washington DC.

Candace Postell hey Candace. Do you mind if I ask what you need to finish the Reno? Materials?

J Scott also I was referring to people who are at the ground running and don't have much money...not the big timers. Thanks

Stanley Parsley thanks Stanley! I actually just bought a 2 unit flat in June where I rent one side and live in the other. I just see the potential of buy and hold and I want more multifamilies and then eventually apartment buildings. I want to find ways to creatively buy real estate and the strategy I mentioned seemed like a sure deal to make money. Thanks for the encouragement!

J Scott you are right! Very little experience but I'm open to new ideas and strategies. You made a valid point about the HD card....thanks. Just trying to make money.

I read somewhere that people can put together elaborate real estate deals with investors or regular people with money to spend in order to purchase the property and finance the renovation. But the catch is the money that is used, cost money and the person usually gets their money back plus additional money for the hassle. I heard the renovator actually give points, or equity, or even a percentage of the profit from the sale of the house. Is this true? If so, I'm trying to make some money! I have a Home Depot CC. I am willing to allow a person to use it for like a percentage of the profit from the sale of the house and if they pay off the balance of what they use. Trying to find more info about this strategy!! I feel like this is my way of creating income so that I can get into commercial apartment buildings. Can someone help?

Chris Mylan

Hey Chris! My wife and I recently bought a 2 unit flat in June 2016 in Washington DC SE. I am amazed at how you were able to find such an amazing deal in that area! I stay on realtor.com and mostly all multifamilies are in SE, well the more reasonable ones..haha I would love to eventually get something in NE or NW. But we will see. Thank you so much for sharing your story! BTW, using airbnb is awesome! I know first hand about it. We have an unfinished basement in our multi family and hopefully we can get that finished and use airbnb. A person can really make money with that. Again, thanks for sharing your success story. Maybe one day, we can do business together!

I read somewhere that people can put together elaborate real estate deals with investors or regular people with money to spend in order to purchase the property and finance the renovation. But the catch is the money that is used, cost money and the person usually gets their money back plus additional money for the hassle. I heard the renovator actually give points, or equity, or even a percentage of the profit from the sale of the house. Is this true? If so, I'm trying to make some money! I have a Home Depot CC. I am willing to allow a person to use it for like a percentage of the profit from the sale of the house and if they pay off the balance of what they use. Trying to find more info about this strategy!! I feel like this is my way of creating income so that I can get into commercial apartment buildings. Can someone help?