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5 June 2024 | 15 replies
Our team goes from Philly to Baltimore to DC to Richmond
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5 June 2024 | 10 replies
From my POV.it really depends on asset class and tenant Class.. this is a huge distinction. my clients that I sold apartment complex to in Oregon with B class.. they pay 4% but then have to pay for on site manager as employee.. so 4% to manage the on site person so that person does not rip you off :).However for BP and I have to think the vast majority of the rental property investors on this site that have gone to D C B out of state markets.. those props are not like a 600k rental in Denver and the tenant that comes with it.. or really any city with a A class tenant..
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3 June 2024 | 5 replies
My husband and I just sold a rental property in WA state so we have about $85k to invest.
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3 June 2024 | 9 replies
@Brandon Carlson 63117 (Richmond Heights) , 63130 (university city which is close to Washington Univ) and 63110 (tower grove, Shaw, dogtown) are all very good areas.
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4 June 2024 | 22 replies
Washington DCHow would you scale?
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2 June 2024 | 3 replies
@Jim Doyle- thanks 1) consider increasing the purchase price by the amount of the elec and roof work that needs to be done and then assist seller with getting the work scheduled and completed ( as this will be required to be donw before closing ) ..this way the seller is technically paying for the repairs and they wont lose any proceeds ....they will pay a little extra wa state sale excise tax but that wont amount to too much 2) consider putting less down and using some of your funds to pay for the repairs ( or part of the repairs ) 3) consider using a rehab loan 4) consider keeping the price where it is and asking for the sellers to complete repairs ( this likely wont happen) 5) get roofer and contractor estimates and get them lined up to do the work asap as it might takes weeks to get this scheduled / done 6) ask seller for extension on closing date if the work will take longer than 10 days ,,,Good luck
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1 June 2024 | 5 replies
I'm Heather S. from Spokane, WA.
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30 May 2024 | 5 replies
Hello BiggerPockets community,I'm a new investor ready to enter the real estate market in the DC metro area, with a focus on Northern Virginia.
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29 May 2024 | 1 reply
Since I am not 100% sure that I actually do own the White House, I want to use a Quit Claim Deed to make sure I am not doing anything illegal.My questions:1) Where can I find an example of a Washington DC Quit Claim Deed?