All Forum Posts by: Danny Lambert

Hello Fellow DMV Investors,

Here are some interesting recent stories from the D.C. real estate world.

DC metro housing market continues to moderate

Baltimore Housing Prices Remain High

Properties near Union Market sell for an eye-catching price

Cushman & Wakefield's former D.C. chief launches new real estate venture

DC metro has nation’s 5th-largest spike in apartment rental activity

Keep up with issues specific to the region with Russell Brazil and Jack Seidens' DC Real Estate Podcast and the latest sales trends with Cassidy Burns' DMV Weekly Market Update.

Bummer I was busy for this one. I'll keep my eyes pealed for your next get-together.

What do you need to do? Those details could help someone identify a pro that could help you.

Thanks to @James Carlson and @Richard Santi. Your posts are an excellent primer to the topic. Thanks for your insight about risk, @Megan Hirlehey. It made me think that I should fully furnish a single room in my next house to test demand for it. Sure, that would still be a decent expense, but I'm willing to accept that degree of risk.

@Bonnie Low, in case you haven't seen it already, this tread on the topic might as well be an informative blog post on the matter.

Hello, @Brent Barnes. I'd dive into some the BP books and set some mid-term goals for yourself. The goals will help you work backwards and make short-term ones. It's always good to be thinking a few steps ahead.

Also, the BP podcast has been focusing a lot on the importance of mindset lately, so I read up on that too. Mindset is just as important as strategy. 

Good for you. A local-area REIA cancelled their event last minute tonight. I was totally bummed about it for a while because I'd love to meet people in person!

Thanks, @Rick Martin. To your point, I need to start with a duplex or quad, but I can graduate to larger-scale investments once I get my feet wet, build some capital, and start making connections.

Hello BP DCers,

What sense do you have of the consequences of the tragic building collapse in Surfside, FL on the D.C.-area condo market, if any? Are buyers now more hesitant to purchase a condo? I am selling my condo in a small four-unit building to start my real estate investing journey and wonder if the incident may make my condo harder to sell. I cannot cash flow my condo as a rental.

Certainly, my heart goes out to all those who have suffered a much greater difficulty than I may.

Thank you,