All Forum Posts by: Matthew Paul

It all depends on location . I have one small 1 bedroom in a nice neighborhood on 1/3 acre . As a rental it cash flows beautifully .  The neighborhood is mostly 3 bedroom houses . The land is worth more than the house . Its small , so less maintenance . And it always rents because there are lots of single people needing a place . 

Dont think of contractors as employees that are dedicated to only your job . They are generally doing 2,3, or more jobs at the same time , many things are in play . You call in for an inspection and its 3 days out . A materials order is delayed by a week . The plumbing sub contractor is delayed due to an emergency call .  You , the owner changes their mind on something .  

So many different variables can change time frames that are not controlled by the contractor . Thats just how it works . 

Contractors may work on the weekend , but dont expect them to .  If you request weekend work , be prepared to pay more for the labor . 

If I cant see it , touch it , sleep in it , drive it , eat it ,drink it  or understand it . I dont buy it .  

I have always liked cold hard cash .

 Cant hurt to give it a try .  But the minute you do , every agent will be hitting you up to list it . And they all have the same lines how they are the best agent out there . 

Buyer and seller agree on a price . Property appraises for less than agreed price , Lender wont lend as much . So buyer brings more money to the table . 

Who sets the price for the property ?   Buyer ? Seller ? or appraiser ?  Agent ? 

You will only get what someone is willing to offer . 

If you went over budget , there is a good chance you either over inproved the property  or you paid too much from the start . 

But it is the spring season , you may get lucky 

For Sale By Owner Sign is $45.00  you can always give it a shot .    It has worked for me in the past .    ( But the houses were not 7 figures )

Here in Maryland EVERYONE is complaining about super high utility bills .  Mine went up as well . First thing , it has been a cold winter , that contributes a lot to the increase . Most of those complaining have heat pumps , which dont work well in 8 degree temps with wind blowing . When this happens it moves to auxilary heat or emergency heat . This is expensive , very expensive , your bill can double or triple .  

Our rates are going up because they are closing coal fired power plants and going for more green energy , which costs more . much more . And we are importing more power from Pennsylvania .   

Had 2 tenants complain about their electric bills , I told them mine went up too . Dont complain to me , call your local politician or state rep , and the electric company .