All Forum Posts by: Wayne Brown

I'm still a rookie on here. LOL Thanks Jaysen.

Any recommendations for a good property manager in Lexington Park MD? Thanks.

Hi. Exploring options for a new property manager for my property located in Lexington Park, Maryland. Please comment below if you have any recommendations for a good property manager you have experience with. Thanks!

Any suggestions for a good property manager in the PG County, Charles County, Montgomery County areas of Maryland? Thanks!

Any suggestions for a good property manager in the PG County, Charles County, Montgomery County areas of Maryland?

@Larry T. That makes good sense. I don't believe I would find that type of return elsewhere on the 5K. Thanks Larry.

So I am looking into making my 2nd buy-and-hold rental investment soon and wanted to get your thoughts on what makes more sense on the loan for a 115K SFH.

Option #1 - 20% down payment (23K) with a 6.375% fixed 30 year rate. ROI 13.30% - Cash flowing $271 a month.

Option #2 - 25% down payment (28K) with a 5.375% fixed 30 year rate. ROI 14.38% - Cash flowing $362 a month.

What ultimately has more value? Saving 5K up front and controlling the asset or spending 5K to have a 1% gain on the ROI? Should I be less concerned about the 1% interest rate on the loan and always go with the 20% down payment since the goal is to have the tenant pay down the loan? Thanks for your feedback!

@Johnny Situ Congrats on your success!

Hi. Looking for an attorney located in either PG County or Charles County Maryland to assist with a transaction. Any recommendations? Thanks.

@Brian Lynch Rich Dad Poor Dad hands down.