All Forum Posts by: Marian Huish

It’s too soon tell but from what I’m seeing the hit on the Federal workforce is also impacting contractors throughout the DMV… I expect panic selling which increases inventory, however, with higher interest rates, which will likely continue upwards if tariffs & deporting our cheap labor comes to fruition, first time homebuyers are shut out.  Cash buyers & investors are also skiddish due to the increase in crime as well as DC’s crackdown on AirBNB’s and tenant/friendly TOPA policies. Unless rates come down, home prices will have to drop.  I can’t give condos away and many investors are under water as they either re-financed, took out a reverse mortgage or had non/paying tenants carried over from the COVID moratorium.  Upper NW and over $1M still move quickly-  condos, developers @ SE has dried up. Hoping for a resurrection with deregulation & any yet to be announced plans for DC…. Maybe they’ll build a wall around DC so that he can better control his new Kingdom!  🤔

Looking forward to it!

Happy to ‘meet’ you @Craig Rosenfeld!  I’m a longtime investor and Realtor from the DC metro area as well-  BP is a terrific resource to help you grow both your investment portfolio and better support your investor clients!

Welcome to the Realtor community @Account Closed!  Starting out as a new agent is always challenging and that’s why most new agents begin by working with rentals and buyers so they can establish credibility that is needed when going on listing appointments.  Offer to sit open houses for agents (you can do this through your state Workplace group), attend eXp’s virtual and live training & networking events and of course work with your Mentor who should be able to best guide you.  Focus on getting to know local, experienced Realtors in your town & offer to assist them for free so that you learn.  Also make sure all your friends & social media contacts know you’re in real estate as people who already know, like & trust you are the best sources of business.  Good luck!

I’ve got someone for you but need to know a bit more about what services you’re looking for.  I.e., Have you already rented the units?  What part of town, etc?  @B Ryans

Why not just re-fi @Chris Antonelli?  Even though you may be paying a higher rate, your property value will likely continue to grow over the next four years.

Which cities are you in?  I’ve got a family home in Youngstown where real estate values seem to be on an uptick despite a generally depressed economy.  High rental demand and low turnover for those who want to focus on the long-term buy & holds.  It’s also much more affordable and offers great opportunities for folks who want to get out of the rat race.

I echo what @Bradley Buxton says…. No need to look further than your neighboring state of Nevada!  You might also want to eventually give thought to transferring your residency to #TaxFreeNV as there’s been a mad rush of people fleeing the high tax state of California to Nevada were there are many benefits for residents and businesses alike. @Manav Kedia I would also eventually focus on a residential investment property that you can later convert to a personal residence. Great way to avoid capital gains tax while transitioning into a comfortable tax-free retirement location while enjoying a great life golfing, skiing, and enjoying the great outdoors at Lake Tahoe!  -At least I hear that’s a great plan!  😉

I’ve got a couple of options that may work for you if you would like to reach out @Amandeep Singh-  not section 8 but great cashflow with an affordable entry point in DC.  Connect & DM me.

Depending on your budget @Charles Manabat, we've got plenty on the market in Incline Village on the (Northen) Nevada side of the lake- Unfortunately we're struggling with astronomical fire insurance rate increases which is causing many to sell. Also, while permits are available, the STR market here has become saturated and receives constant pushback by the NIMBY locals. We're hoping to overcome some of these challenges...