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16 February 2025 | 10 replies
City proper has been on 5 year bear market completely unrelated to anything political, the suburbs have been adding inventory since the summer but are still very low but any measure and have actually gotten tighter the last few month, while I am open to the idea these cuts could eventually have some effect on the market, about 20% of the dc area is federal employees, let’s say the federal government cut the work force 25% which would be huge, that’s 5% of the population, but a good number of those people are either two income households where one person works in the private and/or the person being laid can go get a similar job in the provide sector l, the percentage of households who would be forced to sell thier house over this is likely in very low single digits.
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13 February 2025 | 6 replies
Hi @Karen Silerio We look at 2 persons per bedroom as our rule of thumb
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19 February 2025 | 4 replies
Really the person that is going into the flipping game should know the market very well to do these comps on their own, and back it up by asking their trusted real estate agent/professional for confirmation.
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18 January 2025 | 19 replies
They paid their portion of the rent.I have found a lot of investors bring their personal or political feelings into the investing conversation.
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24 February 2025 | 72 replies
I had no idea what Ayn Rand was writing about was a REAL person: Frank Lloyd Wright.
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20 February 2025 | 11 replies
Personally I find that many of the properties I own show poor numbers from turns and vacancies.
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6 February 2025 | 9 replies
If the home was still your primary residence throughout 2024 and not actively listed for rent, it would typically remain classified as a personal residence until the lease began.
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26 January 2025 | 5 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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14 February 2025 | 19 replies
Not sure if personal info is allowed here but look up nerdtech on youtube for some details on how it works.
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20 February 2025 | 2 replies
Interest rates need to drop a certain amount in order for a person to make a transaction right now.