The Pros and Cons of Inherited Tenants
Inherited tenants can be a blessing or a curse. And sometimes they can fall somewhere in between. Some real estate investors argue that they would never purchase a rental property if it would mean inheriting tenants, as they want to have full control over tenancy decisions. Others feel that, if properly vetted before the sale, […]
What is “wholetailing”?
There seems to be no end to the number of acronyms one will come across when diving into real estate investing…ARV, LTC, LTV, NOI, HELOC, BRRRR, PTDI, etc. The same goes for industry-specific terms: house hacking, cash for keys, professional tenants, . One of the newer terms that is being tossed around these days is […]
To Upgrade or Not to Upgrade?
Whether you are fixing and flipping a home, rehabbing it and holding it as a rental, or living in it yourself, there is much discussion among real estate investors in terms of affordable ways to add appeal to a property. Some of these ideas include: Ensuring each tenant or resident has a space for their […]
Where to Dispose of Used Building Materials in Baltimore
We previously blogged about recycling building materials. What if you have used building materials that are not recyclable? How can you dispose of those materials locally? Below we provide information for both Baltimore City and Baltimore County. Baltimore County Baltimore County’s Department of Public Works provides comprehensive information on its website regarding what types of […]
A Mutual Admiration Society
In 2016, Pimlico Capital owners Victor Lipnitsky and Aron Yehuda were introduced to King Awonusi and Usman Jan of Federal Hill-based Integrity Real Estate Group. Usman was born in Pakistan and immigrated to NY with his family when he was six months old. He graduated from Howard HS, attended Towson University, and his first job […]
Best Practices for Appraisals
We’ve blogged before about best practices for pre-sale inspections. Now we turn to appraisals and offer a range of tips that can ensure the fairest possible outcome. Exterior: The exterior of the property will be the first thing that the appraiser lays eyes on, but it is often de-prioritized by sellers. It is particularly important […]
Is this a good idea?
Real estate investors run the gamut from those that are risk averse to those that are risk tolerant. For those who are not averse to risk, it is a slippery slope in terms of simply being risk tolerant to being a risk seeker. On real estate investor forums, online commentators are always posting questions to […]
Securing a Vacant Property
One of the difficulties that fix and flippers face is how to secure the property when the property is unoccupied (particularly evenings and weekends). The risk exposure of an unoccupied property includes the following: Theft. At risk are any tools or equipment the contractor may have left on the job site (see our separate comprehensive […]
Where to Donate Used Household Items in Baltimore
We have blogged before about where to donate building materials that are recyclable. But what about if you are trying to do a whole house clean-out, or even just de-clutter in preparation for sale? There are many options that will prevent unwanted items from ending up in a landfill. A one-stop source for identifying organizations […]
Home Inspections: Best Practices for Sellers
There is so much to consider when having a home inspection done—so much, in fact, that we are focusing this post on best practices for sellers in particular. One thing a seller may wish to consider is whether a pre-sale inspection would be advisable. A pre-sale inspection gives the seller a “heads up” regarding issues […]
