Evaluating Investment Opportunity

Roof Replacement for Real Estate Investors

September 28, 2022 by Kyle Sennott Leave a Comment

Roof relacement for real estate investors

One of the first things that you need to decide when evaluating an investment opportunity is whether you need to replace the roof or not. If you do, it could become one of the most expensive line items in your scope of work. At the same time, it could help you sell your flip faster and for more money. For those planning to keep the property as a part of their real estate investment portfolio, a new roof could help keep your rental in good shape (both internally and externally) for years to come.

The Rest is History: Succeeding in Renovating Historic Properties

August 2, 2022 by Kyle Sennott Leave a Comment

Personally, I like modern home design. Still, no one can deny the charming nature of century-old, historic homes in Maryland, Virginia, and Washington, DC. Their character-building historical features help them fetch a nice price on the real estate market. However, real estate investors purchasing a DC-area vintage home should be careful in considering both stylistic options and financial aspects of the transaction.

HVAC for Home Rehab: What to Know Before You Buy

May 20, 2022 by Kyle Sennott Leave a Comment

Heating and cooling make a home comfortable and livable. Everyone loves a warm, cozy home in the winter and a cool, energizing home in the summer. Thus, heating, ventilation, and air conditioning (HVAC) is one of the most important systems in a home.

Know HVAC for Fix and Flip Investments

When evaluating a home’s value as a fix and flip investment in Maryland, Virginia, and Washington DC, be sure to determine the status of the HVAC system. Before making an offer on a DC Metro investment property, you need to understand the age, condition, and reliability of the HVAC. Bottom line, you will most likely need a home inspection by an accredited home inspector unless you have HVAC experience yourself.

Five Steps in Creating a Renovation Scope of Work That Rocks

April 25, 2022 by Kyle Sennott Leave a Comment

A solid scope of work is a foundation of any successful fix-and-flip. It helps you accurately estimate your rehab budget. It anchors your relationship with your contractor by detailing the work to be completed and the payment schedule. If you are using a private lender and your loan is based on the after-repair value of the property, it provides the necessary information for the appraiser to appraise the property. Finally, it lays out the groundwork for the draw schedule – a document that outlines what needs to be accomplished for your private lender to release the construction funds.

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.

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.

Evaluating Investment Opportunity

Know HVAC for Fix and Flip Investments

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