All Forum Posts by: Mike Celli

Yes, I am considering it as a side job to facilitate purchasing rental properties for long term holds.  

Has anyone had experience doing rental arbitrage with Air BNB in the DC metro area?  I know there are a couple laws in DC and Arlington limiting it to 90 and 180 days. Would love the opportunity to discuss these types of rentals. Thanks!

how do you determine the price you want to offer the owner before getting inside the property? Looking at one now that looks abandoned but no idea of the condition inside.

Does anyone rent out medical offices. Been doing some research and it seems like they all own their own offices.

@Cassidy Burns within 2 hour drive of the DC area that will enable cash flow (once stabilized) of $500 with 25% equity after refinancing.

@Cassidy Burns saving $ for my first rental in 2022.

@Carlos Medina you’re killing it!

@William Moya were you able to get commission because you were the investor? Thanks for the input.

I’m considering pursuing an NMLS license and work as an MLO. I’d appreciate the chance to discuss this industry with any professionals in the DC Metro area. Thanks

Looking to get an idea of the total amount of cash I should conservatively have in hand for my first investment. Without house hacking, I'm thinking I'd need 25% down, closing costs, and 6 months of carrying costs (PITI and maintenance). I know some would say I don't need 25% or the 6 months but I am trying to come up with the most conservative numbers. Thanks.