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All Forum Posts by: Shadonna N.

Shadonna N. has started 19 posts and replied 501 times.

Post: DC Property Manager

Shadonna N.Posted
  • Developer
  • .
  • Posts 520
  • Votes 162

Hi @Rotisha McEachin do a search on property management.  There are a few here who have taken the guide.  Good Luck!

Post: Investor friendly titling companies in Dc market

Shadonna N.Posted
  • Developer
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  • Posts 520
  • Votes 162

I second District Title and add Premium Title and Monarch

Post: First Time Investment Property with low/no cash

Shadonna N.Posted
  • Developer
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  • Posts 520
  • Votes 162

Congrats!

You need to lower to 1000.  People search for properties within ranges.  Your property is probably falling in the 1000 - 1500 range.  If they can go to 1500 they are not really looking at something for 1150.  I don't recall seeing a picture of the kitchen.  Try 1000 and update your pictures.  In my opinion, section 8 in Baltimore would be good but voucher holders want all the upgrades.  Beware of the professional tenant.

Post: Need help to regain a property in Baltimore

Shadonna N.Posted
  • Developer
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  • Posts 520
  • Votes 162

@Dennis Santa Paula how are things going?  Any updates?

Post: Contractors costs for 4 unit gut

Shadonna N.Posted
  • Developer
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  • Posts 520
  • Votes 162

Are you just looking for a quote to do demo or the entire job?

Is she open to having roommates?


@David Johnson are the properties ciurrently occupied?

Post: Clicknotices - late rent solutions

Shadonna N.Posted
  • Developer
  • .
  • Posts 520
  • Votes 162

Has anyone tried clicknotices for delinqiency management.  This may be useful for out of state investors.

Slightly off topic, there is an almost 2K difference in the voucher amount between that area and a Congress Heights or Hillcrest.  There are some very nice and expensive homes in Hillcrest.  If the federal limit has set an amount for a 3 BR I don't understand why a local jurisdiction would overlay their own limits especially with the housing shortages.

Back on topic, a lot of people advertise the small room as a den but as @Russell Brazil mentioned, it is 70 sq ft, a window, closet, and door it is legally a room.  The closet is debatable.  If you wanted to upgrade, you can switch out the appliances for a stainless steel set that you can get at a Black Friday sale.  You can get a decent kitchen package for about 2K.  Laundry and parking are also ideal.  I think the oak cabinets are OK.  Too bad that property manager did not work out but there are other property managers and agents who will do the marketing and present tenants to you.  Make sure they know your criteria ex: credit score = X, income =  Y times the rent.  Source of income is a protected class.  If the income is there is there.  You cannot and should not discriminate because funds are from a particular source.  Remember you are not living there, someone else may be willing to pay the 3800.