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All Forum Posts by: Alexa S.

Alexa S. has started 13 posts and replied 46 times.

Post: DC area landlords- what upgrades to make and how to price house?

Alexa S.Posted
  • Rental Property Investor
  • Alexandria, VA
  • Posts 46
  • Votes 6

Thanks, @Russell Brazil, yes 3rd and M would have been great! At that exact time, I was renting around the corner at 4th and Ridge. The owner of the place I was renting combined two row houses into one incredible space. But yes, it was a lot different around 2009!

Post: DC area landlords- what upgrades to make and how to price house?

Alexa S.Posted
  • Rental Property Investor
  • Alexandria, VA
  • Posts 46
  • Votes 6

Thanks @Russell Brazil. I appreciate the insight on appliances etc.  I wasn't thinking necessarily that the updates would command a higher price, but more so wondering if it would make it more desirable and therefore potentially easier to rent out. 

For what its worth, its on 1st St. NW, near Pierce. Not a great area, neighborhood-wise, but between two desirable locations, and close to everything.

Post: DC area landlords- what upgrades to make and how to price house?

Alexa S.Posted
  • Rental Property Investor
  • Alexandria, VA
  • Posts 46
  • Votes 6

Thanks @Julie Marquez. You raise some good points. Since taxes are rising so fast, we'd like to up the rent, but I feel like it could be a tough sell to increase rent with a plain kitchen, but again, I have no idea what people go for in this area due to the anomalies I mentioned. I'll scour some of the other sites to see what comps I can find.

Post: DC area landlords- what upgrades to make and how to price house?

Alexa S.Posted
  • Rental Property Investor
  • Alexandria, VA
  • Posts 46
  • Votes 6

My rental property is turning over for the first time since I bought it two years ago. I'm generally still new at this since its only the second time I'm looking for tenants. The row house is somewhat of an anomaly in the area its in so I'm not sure how to price it (I think we went too low last time) and I'm not sure what cosmetic updates to make to add to its appeal. 

It has black appliances- should I update to stainless?

The kitchen cabs are 90's honey oak- should I paint them white?

The first floor walls are yellow- should I paint them white?

It sits in an area without a lot of houses between two neighborhoods which have a lot of high rises and very new construction (NoMA and Mt. Vernon). It has two parking spaces and a back patio so its hard to say what comparable places are renting for because most places near by are amenities buildings (with fancier finishes where parking might be extra) or older row homes (this was built in the 90's) without parking spots . It has one large bedroom, one medium bedroom and one smaller bedroom which could only fit a twin bed or crib or desk.

Any insight would be appreciated.

Post: How important is a car to a realtor / investor, being judged

Alexa S.Posted
  • Rental Property Investor
  • Alexandria, VA
  • Posts 46
  • Votes 6

I bought a house in DC last year. Up until a few weeks ago, I was driving a 19 year old Corolla. If I cared about what people thought of my car, I'd have upgraded and, as a result less money saved. Who cares what anyone thinks. We all have our reasons.

Post: Real Estate Agent in Maryland/ D.C.

Alexa S.Posted
  • Rental Property Investor
  • Alexandria, VA
  • Posts 46
  • Votes 6

Hi @Tia Willis. I'm in the area too. (Was actually living near Cap Heights metro stop for two years on the DC side a while back!) It would be great to be in touch as I'm in the early stages as you are, though I'm sure you have some great market insights from your experience.

Agreed. I tried multiple browsers and two devices, refreshed, and tried reopening. Either way, thank you @Mindy Jensen. I'll look forward to watching tonight!

I tried to log in, both from my phone and on my computer but I kept getting that mysterious 'sit tight' message others have written about in other forum posts. Any idea why its not connecting?

Post: Looking to Partner with Ohio/Michigan/Chicagoland Wholesalers

Alexa S.Posted
  • Rental Property Investor
  • Alexandria, VA
  • Posts 46
  • Votes 6

Hi,

I'm fairly new to real estate investing. I have one buy and hold in DC and am interested in investing in Cleveland since the up front cost is lower and I'm familiar with some of the neighborhoods since I grew up there. I'd love to be a part of this conversation, both to learn and see what I can offer.

Post: Registered Agent Recommendations for DC Rental Property?

Alexa S.Posted
  • Rental Property Investor
  • Alexandria, VA
  • Posts 46
  • Votes 6

My husband and I just purchased a rental property in DC. We live several miles away in Virginia, but we understand DC law states landlords must have a registered agent for business transactions since we are out of state. We will be managing the property ourselves.

Can anyone in this situation make recommendations for a registered agent service that you personally have used and have had a good experience with?

Thank  you!