All Forum Posts by: Shaun Ng

Hi, I recently have a legal name change, and I own 2 rental properties in Fairfax county, VA. What is the most cost-efficient way of updating the deed records? I was hoping that this is an easy process, given how frequent name changes are following marriages. Fairfax county helpdesk seems to suggest that I can only do it via a RE lawyer. Is this true? Please help.

Thank you.

Thank you @Tommy Ray. 

Thank you @Bill Hampton. 

Thanks Alecia. I will contact Jack. 

Thanks @Jeff S. 

Thanks @Dillon Kenniston, I will check out those resources and ping you separately. 

Does anyone have any recommendations of advisors specializing in Real Estates, including exit strategies and wealth planning.

thank you!

Awesome! Thanks George.

@David Collier Jr, thank you for your suggestions. Very helpful. I may reach out again separately when I'm in the area.

Thank you again!

Shaun

Hello BP community,

My job may be taking me to Broward County, Florida next year or two.

Typically, I like to purchase rather than rent, and take advantage of lower mortgage rates that come with owning your primary residence. And then rent it out once I know the area better and know what kind of house we want.

With that in mind, we may want to purchase something at a lower price point but have good consistent long term rental demand, when we move out.

Given I’m not familiar with the area, I’m wondering:

a) pros and cons of purchasing a condo vs SFH

b) any particular area in Broward that anybody would recommend?

c) any shortcomings that I should be aware of with this strategy (purchase first and then rent it out after say 1 year?)

Thank you all!