All Forum Posts by: Kiara Colon

Welcome to our online event where we will take you through everything you need to know about buying a home in Prince Georges County, MD. Whether you're a first-time buyer or looking to relocate, this guide will cover important tips, resources, and key information to help you navigate the buying process in this area. Join us for expert advice and insights!

Welcome to the Home Ready Workshop! Join us on Sat, April 26, 2025 at 1401 N Laburnum Ave for an interactive and informative event designed to help you feel more confident and prepared in your home. Whether you're a first-time homeowner or looking to spruce up your current space, our workshop will cover everything from DIY projects to home organization tips. Get ready to learn, connect, and have fun! See you there!

Eventbrite (online only)

Thinking about selling your property, but unsure where to start? Curious about wholesaling or retiring from real estate? Whether you're an investor, homeowner, or just exploring your options, this virtual series is designed to give you the tools, insight, and confidence to take your next step.

In Cash Out Now: Real Estate Selling & Wholesaling Series, we’ll break down:

This isn’t just another real estate webinar—this is your strategy room.

Hello,

​I have several listings that are fix & flip projects and have worked extensively with contractors, architects, and navigated the complexities of some of the toughest cities in the DMV. Over time, we've developed a streamlined process that balances speed, quality, and budget. Here's the sequence we typically follow:​

🏗️ Interior Rehab Sequence

1. Pre-Closing Preparation

   • Scope of Work: Conduct a thorough walkthrough to identify structural issues, outdated systems, and cosmetic updates needed.

   • Budgeting: Develop a detailed budget, including a contingency for unforeseen expenses.

   • Permits: Obtain necessary permits to avoid delays.​

2. Demolition

   • Selective Removal: Remove outdated or damaged materials while preserving elements that can be reused.

   • Site Preparation: Ensure the site is clean and safe for the upcoming work.​

3. Structural Repairs & Framing

   • Foundation & Framing: Address any foundational issues and modify framing as needed for new layouts.

   • Inspections: Schedule inspections to ensure compliance with building codes.​

4. Mechanical, Electrical, and Plumbing (MEP) Rough-Ins

   • Systems Installation: Install or update HVAC, electrical wiring, and plumbing systems.

   • Inspections: Conduct rough-in inspections before proceeding.​

5. Insulation & Drywall

   • Insulation: Install insulation to meet energy codes and improve efficiency.

   • Drywall: Hang, tape, and finish drywall, preparing surfaces for painting.​

6. Interior Finishes

   • Painting: Apply primer and paint to walls and ceilings.

   • Flooring: Install flooring materials, ensuring they are protected during subsequent work.

   • Trim & Millwork: Add baseboards, crown molding, and other decorative elements.​

7. Cabinetry & Fixtures

   • Cabinets: Install kitchen and bathroom cabinets.

   • Fixtures: Mount sinks, faucets, lighting fixtures, and hardware.​

8. Appliances & Final Touches

   • Appliances: Install kitchen appliances and test for proper operation.

   • Final Inspection: Conduct a thorough walkthrough to address any punch list items.​

⏱️ Timeline & Efficiency Tips

• Project Duration: Aim for a 3–4 month timeline, adjusting based on project scope.

• Scheduling: Use project management tools to coordinate trades and avoid downtime.

• Communication: Maintain clear communication with contractors and suppliers to ensure timely deliveries and work completion.​

📋 Tools & Resources

• Project Management: Utilize software like Trello or Asana to track progress and tasks.

• Checklists: Develop standardized checklists for each phase to ensure consistency across projects.

• Budget Tracking: Use spreadsheets or financial software to monitor expenses and stay within budget.​

Search homes.com, realtor.com. Without MLS, it's hard to capture multiple realtors at one time. You can also post in investing groups for people and say you're in search of a home, but no the best way if you're trying to build relationships.

I've got a multi-family in DC (4-unit) and am a realtor. I've found that people want washer and dryer in their units, and not having it will create a high turnover rate, which is what we're all actively avoiding. I don't have the space to put a washroom in the building, so I'd rather add a washer / dryer combo to the unit. 

Does anyone have any reasons why they'd advise against adding a washer / dryer to a unit?

Hello! I'm an investor-friendly realtor licensed in DC and MD. Let me know what your buy criteria is and how I can help!

There are many different options to house hack in MD, and I'm looking at a few options right now for another buyer. Contact me anytime and we can go over those options.

 Nope, you have to pay for the home inspection before you can access the report. That's an up front cost.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $187,500
Cash invested: $1,500
Sale price: $255,000

Bought in March 2015 with VA Loan. Used as primary residence until 2018, rented out to one tenant for 7 years until sold in March 2022.

What made you interested in investing in this type of deal?

Bought for military position

How did you find this deal and how did you negotiate it?

Rented in the neighborhood for less than a year prior, found on run in community, it was up for rent. Inquired with the listing agent to purchase the property. The rest is history.

How did you finance this deal?

VA Loan

How did you add value to the deal?

Didn't; straight buy & hold.

What was the outcome?

Made $70K when sold in 2022

Lessons learned? Challenges?

Buy more properties in military towns for stable rent.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Charlene Avant, Sumter SC