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All Forum Posts by: Ken Wang

Ken Wang has started 36 posts and replied 170 times.

Post: Questions for wrong real estate ad

Ken WangPosted
  • Rental Property Investor
  • Laurel, MD
  • Posts 176
  • Votes 37

@Frank Y. thanks to share your experience with me. It's very useful, appreciate! 

Post: Questions for wrong real estate ad

Ken WangPosted
  • Rental Property Investor
  • Laurel, MD
  • Posts 176
  • Votes 37

Thanks @Frank Y.  the inspection report does not say anything wrong with the HVAC but states the age of the HVAC which is not consistent with the ad. In this case, can I still walk away? Thanks

Post: Questions for wrong real estate ad

Ken WangPosted
  • Rental Property Investor
  • Laurel, MD
  • Posts 176
  • Votes 37

@Linda Weygant thanks a lot, it's very good insight :)

Post: Questions for wrong real estate ad

Ken WangPosted
  • Rental Property Investor
  • Laurel, MD
  • Posts 176
  • Votes 37

Dear All, 

  I am buying a single family home in Maryland. From the ad, it states "Newer 2-HVACs". However, when we did the inspection, we found 1 HAVC is "newer", but another one is the original (never been replaced since 2004 the house was built, about 5 yrs life time left). Inspection report does not reflect the wrong ad. I wonder as a buyer how I should negotiate with seller about the wrong info. At the worst case, can I not to buy this property? Any suggestion would be appreciated!

Thanks,

Ken

Post: 25k & 100k investment?

Ken WangPosted
  • Rental Property Investor
  • Laurel, MD
  • Posts 176
  • Votes 37

@Jessie Griffin thanks for providing the new opportunity. I am opened to the new investment but currently, my money is tight to a new purchasing coming out. I will think about the tax certificate maybe later time , thanks again!

Post: 25k & 100k investment?

Ken WangPosted
  • Rental Property Investor
  • Laurel, MD
  • Posts 176
  • Votes 37

Thanks @Chris Seveney, yes I heard about these products, but didn't get chance to explore them yet. They are in my to learn list :p

Post: 25k & 100k investment?

Ken WangPosted
  • Rental Property Investor
  • Laurel, MD
  • Posts 176
  • Votes 37

Thank you a lot @Russell Brazil it is a nice list to keep in mind!

Post: 25k & 100k investment?

Ken WangPosted
  • Rental Property Investor
  • Laurel, MD
  • Posts 176
  • Votes 37

@Stephanie P. thank you for the insight. I have searched the multi family in DC through loop net, not many of them and quite high price. Am I looking into the right place? 

Post: 25k & 100k investment?

Ken WangPosted
  • Rental Property Investor
  • Laurel, MD
  • Posts 176
  • Votes 37

@Tim Evans, thank you for sharing the experience, for $1700 rent/month, single family home, what is the purchasing price range you looking at? it seems hard to find anything less than 250k single family home in our local market. 

Post: 25k & 100k investment?

Ken WangPosted
  • Rental Property Investor
  • Laurel, MD
  • Posts 176
  • Votes 37

@Account Closed thank you for the useful info!