Should Not be Emotional This is a business. This needs to be a profitable business. If the emotions prevent us as entrepreneurs and business owners to make logical and data-driven decisions, then we must find a way to reduce, if not, remove completely emotions from our decision making. Â Imagine, you connect with a distressed…
What is a CMA? Do I need a CMA? When attempting to pull together a reasonable offer, you’ll need to understand what the property is currently worth and what the property will be worth once rehabbed (After Repair Value). To determine the value of a property a Real Estate Agent could very well send you…
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…
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…
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,…
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…
