All Forum Posts by: Loretta Gray

My understanding is that the market is tight in Norfolk too. Best bet for your friend is to buy a place that is easily convertible & to find an agent that knows what to look for. The latter is sometimes as difficult to find as the the home. I have some contacts in the area. Do you want that agent's info?

If no move-in inspection, then you're probably out of luck in terms of the condition. The move-in inspection is meant to protect your deposit against stuff like this. You may need to bring this up with an attorney.

In my experience, the lease that you last signed is the governing lease because the 1st 2-yr lease ended when the term was completed. Was there a move-in inspection signed four years ago?

This event will be attended by an accountant who has been able to answer every real estate investment question I've ever asked. I really encourage everyone who is interested to meet up at 6pm on Thursday September 6, 2018. The address is 400 King Street, Alexandria, VA 22314. Reply here or RSVP at EventBrite

Hi Sean! I know a bunch of good ones, let's chat because some are going to be more inclined with your end goal than others... for example, if you're just looking to do it for the least amt period, there are plenty of dudes who will do it for next to nothing. If you want the work to be quality, then there are better actual small single-man operations that are cost effective, but a bit more $. I sent a connection request. Let's definitely chat.

Join us this week to break down the costs associated with a high condo-fee property that was purchased at the height of the market in 2006 - owned by the same owner the whole time. How much money will he make if he renovates it? or should he just unload it as-is? What questions/disclosures should you be asking if you buy a property in cash vs via a mortgage company?

Join us this week to break down the costs associated with a property that has been owner occupied for 10 years. How differently does that look compared to a property that you purchase as an investor? How do you maximize your rent? To help us in this endeavor will be a loan officer to help explain the rate differences in the an owner occupied vs an investor rate. Also we will discuss the pros and cons of condo fee increase vs an assessment - neither are not fun, but which one sucks the least? This is a casual meet up so please bring lots of questions.

Sounds like fun!

It has been pretty regular so far... I think there might be a September Thursday that I can't do. I'll post a schedule after tonight.

I know the perfect accountant... met with him again just yesterday. Let's chat