More Tips For Finding a Good Investment Property
January 3, 2011 by Katie Wethman · Leave a Comment
I’ve previously written about how to identify target neighborhoods for buying an investment property. Once you’ve done that, how do you find the actual property? Short Sales & Foreclosures are a great opportunity because you can be patient. (See my post on the challenges of timing a foreclosure transaction here and the frustrations of shorts [...]
How do I calculate my expenses on an investment property?
December 27, 2010 by Katie Wethman · Leave a Comment
In our continuing series about buying an investment property, we turn our attention to the expenses. In our current market, it’s relatively easy to find properties where the rent covers the mortgage payment, but what else should investors take into account? Obviously, condo or HOA fees are a big ticket item. Don’t forget these! Property [...]
Now Open For Registration: Buying an Investment Property Seminar
December 9, 2010 by Katie Wethman · Leave a Comment
Are you thinking about adding a rental property to your investment portfolio? Wondering how to go about identifying an appropriate property and estimating cash flow? Not sure what typical expenses are for an investment property? Then attend this free informational seminar that will cover: – Identifying opportunities in the current real estate market – Finding [...]
How do I Find a Good Investment Property?
November 29, 2010 by Katie Wethman · 1 Comment
As prices plummet, some solid investment opportunities are starting to emerge…but how do you identify good investment properties? The first thing to do is to consider long term (e.g., 10 years) appreciation potential. Think about area employment (and more importantly where those employers are—commuting time is a big factor). Also think about long term demographic [...]
Is it the Right Time to Buy an Investment Property?
November 22, 2010 by Katie Wethman · Leave a Comment
I’m working with several investors right now. They believe that the Northern Virginia and DC market is having a ‘perfect storm’ of opportunity: low prices, high rents, and ridiculously low interest rates, even for investment properties (which historically have carried a significant premium to owner-occupied properties.) I recently had a transaction where the investor put [...]
Foreclosure Properties: A Good Investment?
May 27, 2010 by Katie Wethman · Leave a Comment
The nation’s housing market is bracing for another wave of foreclosures. The past few years saw waves driven by subprime loans, but inventory was partially mitigated by the temporary demand created by the first time buyer credits. Now experts are concerned about the “shadow inventory” that banks allegedly have been holding back, and new waves [...]
Reasons to Sell Your Investment Property in 2010
May 12, 2010 by Katie Wethman · 1 Comment
Attention Investors: I’m about to give you 8.8 reasons to sell your investment property in 2010. Actually I’ll give you 5 reasons, and then another 3.8 reasons. 8.8 reasons that will net you an additional 8.8% when you sell your investment property. Guaranteed! What am I talking about? Capital gains taxes. Many investors are already [...]
Does the Health Care Bill Have a Tax on Real Estate Sales?
April 26, 2010 by Katie Wethman · Leave a Comment
In a word, yes. But according to FactCheck.org, few taxpayers will be subject to the new tax. But beware DC and Northern Virginia homeowners…the numbers indicate that more of us are at risk of being subject this tax. Few people realize that buried in the recent health care legislation is a tax that affects home [...]
Washington DC Regional Market Updates
February 9, 2009 by Katie Wethman · Leave a Comment
Existing home sales across the nation took a surprise jump in December, but most experts say that trend (nationwide) is unlikely to continue given further economic decline. Moody’s, however, is optimistic: claiming that 2009 is the “bottom.” Our local economy and flow of investment dollars continues to outperform the nation’s averages. Forbes recently named DC [...]
Finding an Investment Property in Northern Virginia
November 26, 2008 by Katie Wethman · Leave a Comment
As prices plummet, some solid investment opportunities are starting to emerge…but how do you identify good investment properties? Step 1: Identify some target neighborhoods. – The first thing to do is to consider long term (e.g., 10 years) appreciation potential. Think about area employment (and more importantly where those employers are—commuting time is a big [...]
