Check every detail of the appraisal Once you receive a copy of the appraisal report it’s riddled with data, and information throughout the several pages of the report. Ensure that you open up the report and review every single detail of the appraisal. Jot down the comparables used and the pricing for each of the…
The articles Speak to remove neighborhood crime data from home listings. The original source of the article comes directly from Redfin.com discussing why neighborhood crime data shouldn’t be on Real Estate websites.  In Summary: Redlining and racist housing covenants prove there’s too great a risk of this inaccuracy reinforcing racial bias. People define and…
How to check if you should buy a rental property
How do I do it? The concept of the four square analysis is to break up each section into the four squares. Complete each Square individually and specifically in order. Then you should be able to complete your 4 square cash flow analysis. Â The four sections comprised of Income, expenses, cash flow, And cash…
Had a breakthrough with Katelyn. She’s feeling much more confident with defining BRRR and understanding the wealth building power of real estate. When it’s time for me to work on spreadsheets, she understands and continues her productivity with other activities. Nice to be able to have that separation to push forward. In the past, it…
Significant updates to our Order of Operations
To begin investing in Real Estate in Baltimore City, MD, you’ll need to invest in your education, network with the local investors that have succeeded in the goal you are looking to achieve, and analyze 100 properties to start. Knowledge The internet is vast. In 2021 there is no excuse for not learning. Different websites,…
04/11/2019 It’s become so much easier. I spoke with my Real Estate agent and we discussed the numbers to submit for a house. I keep reviewing what step we’re on in the process since I’ve done it before. It’s a system. It’s a process. I provided him all the criteria to create the contract. He…
What Factors Affect the Price? Major Factors Location Throughout Baltimore City, there is a tremendous difference in property value and rental income According to an online search: Near the Baltimore Harbor: $2,400 for a 3 Bedroom Apartment Ten miles north of the Baltimore National Aquarium: $1,300 for a 3 Bedroom Rowhome Ten miles south of…
04/02/2019 A lot of texting, reading emails, and calling people during the drive home from work. It feels like it’s my real job. Especially with how difficult and hectic the project at work has become, I look forward to Real Estate and any actions related to it, because I know I’m taking steps towards the…
