Bowie Yeah I’d probably lean keeping it, it’s gonna be a pain to rent a property of that size, but you have a great rate, and I do think Bowie is actually one of the area’s that has the most remaining upside in the dc area.

The clients that I get very concerned about are the ones that are telling me how to do my job.Overtime, they become the most expensive in your business because they take an emotional toll as well as more actual time.These people are almost never satisfied and are quick to jump the gun on everything.

Understand their fees, bid process, termination requirements, markups for work done, how they confirm fair bidding (especially if they have on-staff handyman).I would talk to the actual tenant in place to understand what their experience is with both property and management team.I would drive the area to understand how your property compares to others on the street/in the neighborhood.I would talk to other management companies and realtors to understand their understanding of the market, rent levels, etc.Basically, full due diligence and underwriting of the property.

I would do that if interest rates were actually low. my current interest rate is 2.5% so i don’t think i would want to give that up.

My brokerage is actually hosting an REI on tap meet up next Thursday the 16th at Rogers Roundhouse.

But yes, just because someone says you can do it...doesn't mean it is actually possible. 

@Min Zhang I am actually reading that book now, and have found it to be quite helpful in starting to build an understanding of what it takes to succeed in investing out of state!

I don't see mortgage rates dropping anytime soon either and may actually get worse.

On February 6th, I was contacted by my landlord's showing agent/and very good friend, who I actually also know pretty well as Nebraska Realtor as well as a Nebraska Landlord, she did the open house where I was found and became the renter/tenant.

The ONLY basis for CSS you can use is your actual tax basis, i.e. your acquisition cost plus some closing costs and post-acquisition capital improvements.The confusion comes from misunderstanding the essence of what cost segregation is.