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6 September 2024 | 9 replies
I was looking at these areas as well as they were cheaper than buying in Rockville and also appeared to have some decent homes.If getting the ADU would be tough in general and renting by the unit in those areas would also be challenging I may need to rethink my strategy.I am doing this as a first time MD homebuyer and looking at my options to rent a portion of the home.
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5 September 2024 | 2 replies
@Brynn KurtzI would do additional research and learn how many people today are buying housing with none of their own moneyAlso even if you were to do this, you still need money to invest in real estate as properties need constant repairsThe most frequent mistake I see is people take these guru programs and spend all their $ on the guru and have no money to invest in real estate
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9 September 2024 | 9 replies
@Joel RiveraRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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9 September 2024 | 0 replies
Investment Info:Single-family residence buy & hold investment.
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10 September 2024 | 4 replies
Do you like "full service" meaning - someone to partner with you to not only manage but, help you to buy and sell?
5 September 2024 | 9 replies
Current goal is to buy a rental property in the Ocean City, MD area.
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9 September 2024 | 52 replies
They buy in and get part of the cash flow, you get the cash.The alternative, and the best one at this point, is to refi.
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4 September 2024 | 1 reply
We are all aware that the GSE’s Fannie Mae and Freddie Mac buy a large share of mortgages.
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10 September 2024 | 7 replies
@Adonis Williams I think you can do better buying a property for rent or to flip than with new construction.
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9 September 2024 | 19 replies
@Michael Plaks, information on the link you sent was very helpful but as you said, I can't get a clear picture what I need to do on my tax.