All Forum Posts by: Dennys Passeto

Nice job on the rehab!  Sounds like you saved a bunch of money, learned a lot and will still make some money in the end.  All around win.  

@Nick Schroeder very nice job!

@Eric Wesley Is that your website?  There's no where to get added to list of available properties.  

Wow, very nice Jessica Bolin ! Great numbers! Now leverage it with a Heloc, put a great tenant in it and go do it again. And again. And again. Brrrr baby brrrr

@Christina R.,  I believe Michael Paris  is on this forum in is a contractor out of Frederick. He may be able to help. I can't get his thing to come up to link him to this post. 

@Tyler C. I'd recommend house hacking. By a 3 bedroom house, live in 1 of them and rent out the other 2 to roommates. Buy an REO so you walk into some instant equity after your repairs and. And like @Russell Brazil said, there are lots of areas in the suburbs of DC where that money will go a long way.  Downtown proper is going to be too pricey.  

Montgomery county is going to be pretty expensive. And more competitive. If you can stay in Laurel as Christina R. mentioned, you'll save a lot of money and be able to negotiate more. If you would like a recommendation for an agent in Montgomery county, I can provide one for you.

Hi Nick, I'd really recommend Harvey Jacobson.  He actually holds a meet up in Rockville, MD every Friday morning.  Real Estate coffee house.  http://www.meetup.com/RealEstateCoffeeHouse/events...  

I had him do the closing on my last Flip after getting to know him.  He's super smart and passionate about real estate.  Let him know I sent you.  

@Russell Brazil do you keep all the ones you find to yourself or do you also bring potential deals to other investors?  If so, I'd love to have you run some of these cash flowing deals by me next time you come across any.   

Hi @Shawn Luger, I've been looking in Baltimore county as well since Montgomery County has become nearly impossible to cashflow in.  

I did the same as you and turned my former residence into my first residential rental.  I too own 2 rental properties.  

Good luck with everything!