Hard Money Blog: Invest, Revitalize, Create, Prosper

Modular Homes: Worth the Investment?

March 28, 2022 by Kyle Sennott Leave a Comment

Modular Homes. Are they worth the investment? — **Modular homes** are built in sections in a factory setting in a matter of weeks using new technologies such as 3-D printing.

Real estate investors in the Washington D.C. area don’t like to miss out on an investment opportunity. Yet the opportunity to invest in a modular home might make them think twice – as it should. Are modular homes a good investment? When compared to stick-built homes, how do modular homes stack up? Are they sturdy and well-built? Is there a demand for them in the DMV area? Do they gain or lose value over time? Essentially, real estate investors need to know if modular homes are a solid investment. Here are some straightforward answers for Washington D.C. area rehabbers planning to fix and flip a house or investors/landlords planning to buy and hold.

Property Survey: Know the boundaries before you buy

March 28, 2022 by Kyle Sennott Leave a Comment

Property Surveys and Real Estate Investing: What Should You Know

Knowing your property’s boundaries can make or break an investment opportunity. Most investors have a general idea of where a real estate property begins and ends. But how can they be sure? Real estate investors can get the facts they need by having the property surveyed.

You need a property survey to ensure the property you are buying does not have hidden defects that will come to haunt you later. Sometimes the seller is genuinely not aware of those defects, and sometimes, they do know and don’t want you to find out.

Let me give you a couple of examples when we were fortunate to find those defects before closing.

Septic & Well: What to Know Before Purchasing Property

March 17, 2022 by Kyle Sennott Leave a Comment

Septic and Well: What to Expect When Purchasing an Investment Property — What should an investor watch for when purchasing properties with septic systems and private wells?

Before purchasing a house, smart investors look closely at the foundation, roof, siding, and mechanical systems like the furnace, water heater, and electricity. In the best scenarios, the building structure and mechanical systems have years of useful life ahead. In other scenarios, the house needs to be fixed or replaced.

6 FAQs About Fragrance Scents in Rental Properties

March 16, 2022 by Kyle Sennott Leave a Comment

How smells influence rental property decisions

Whether you’re aware of it or not, your emotions and memories are powerfully influenced by your sense of smell. For example, the smell of coconut might stir up thoughts of relaxation on the beach. A whiff of lilacs might remind you of a summer day in the garden. A pine or cedar fragrance might take you back to a cozy winter night at home.

Zoning: Why It Matters to Investors

January 18, 2022 by Kyle Sennott Leave a Comment

Why zoning matters in real estate investing — The view from an airplane window is a visible clue to understanding zoning.

The next time you’re flying over Dulles or Ronald Reagan airports, glance out the window. If the sky is clear, you’ll see the landscape below. You may notice clusters of homes in neat squares. Plus, you can spot patches of green farm fields or skyscrapers. Essentially, the view from an airplane window is a visible clue to understanding zoning.

Inflation and the DC Real Estate Market

December 22, 2021 by Kyle Sennott Leave a Comment

Inflation and Washington DC real estate market

Yes, Jerome Powells, when a tray of sushi goes up in price by 20% in two weeks, it’s time to drop “transitory” as a description of the inflation we are living through. “Shocking” might be a better term for someone trying to feed a family. Or, perhaps, “befuddling,” if you are a real estate investor trying to decide on your strategy for the next year. So let’s talk more of what “befuddles” the experts and the novices alike: How the DC real estate market will stand up to inflation? Perhaps more importantly, is it still possible to make money investing in it in 2022?

Hard Money Blog: Invest, Revitalize, Create, Prosper

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