rental properties

Painting Rental Properties: Six Mistakes to Avoid

September 20, 2021 by Kyle Sennott Leave a Comment

Properties that look attractive are easier to rent out and keep filled in the DC Metro area. Additionally, an appealing rental property commands a higher price for rent. A fresh coat of paint is a simple and affordable way to make a property more appealing to prospective tenants. Fresh paint can turn a drab, tired-looking room into a clean, fresh environment, thereby dramatically improving its appeal. However, choosing the right paint can make all the difference. Here are six common mistakes landlords and property managers make when painting rental properties.

Rental Property Maintenance: Helping Tenants Do Their Part

July 28, 2021 by Kyle Sennott Leave a Comment

Making It Easier For Renters To Maintain Rental Home

As soon as you’ve closed on your rental property, you are saddled with the responsibility to maintain it. Since many of our borrowers extensively renovate their properties before renting them out (that’s what our buy-and-hold loans are for), the first five years following the renovation are typically relatively easy. You might need to fix a broken faucet or repaint some rooms when switching the tenants, but chances are you would find it easy to manage your maintenance responsibilities. However, time marches on.

Make 2020 Your Buy-and-Hold Year

January 9, 2020 by Kyle Sennott Leave a Comment

In 2018 and 2019, we saw an increased number of transactions where our hard money loans were used to rehab and keep a home as a rental – as opposed to selling it right after the renovation is completed. Yes, we are talking about good ol’ buy-and-hold versus fix-and-flip. In 2020, I expect this trend to continue. If you’ve been previously focusing solely on flipping properties, now it’s time to consider the benefit of long-term investing.

Flip vs. Hold: What A Property Can Tell You – Part II

September 15, 2017 by Kyle Sennott Leave a Comment

Real Estate Investment Buy and Hold The next question you should ask yourself is whether your potential rental property will cash flow. This is why you must understand what the debt coverage ratio is. The debt coverage ratio (DCR) measures the landlord’s ability to make monthly mortgage payments from the income generated from renting that property. It tells you whether a rental will generate enough cash to pay for its expenses. Ultimately, it helps you decide if it’s an appropriate candidate as along term or not.

Flip vs. Hold: What A Property Can Tell You – Part I

September 15, 2017 by Kyle Sennott Leave a Comment

real estate investment part 1 In our previous real estate investment blogs on flipping homes vs buy-and-hold we talked about why different types of investors are better suited for each strategy. Choosing whether to flip or hold may depend on your financial situation, your goals, and the time you have.

On one side of the spectrum might be a young real estate agent who chooses to supplement her income by flipping several properties a year. She is well-positioned to find a good property by the nature of her business. Her current work doesn’t require her to be in the office from nine to five. In fact, it offers her ample opportunities to efficiently manage her rehab project. Her goals is to boost her income to enjoy a better life style. She also wants to accumulate capital to expand her rehabbing business.

rental properties

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