Property Tax Appeal Time!
If you own properties in Baltimore City, there is a 1 in 3 chance that you received a property tax assessment notice within the past 3 weeks, letting you know what the State says your house is worth and letting you know what the new tax bill is going to be. We got an 8” stack… [more]
The Big Buyers of 2011
All in all, 2011 was a much slower year than 2010 in terms of investment real estate transactions in Baltimore City. The total number of transactions was almost cut in half, and the number of investors with more than 10 new acquisitions during the year was down to 10, from 14… [more]
The Rentership Society
These guys are speaking our language: “Well, there’s at least one big Wall Street banker that’s betting on the United States becoming a “rentership” society: Morgan Stanley. The company released a report just a few weeks ago saying now is a great time for institutional… [more]
Confronting Vacant Homes in Baltimore on WAMU 88.5
So this young reporter, Emily Friedman, from WAMU in DC calls our office and wants to know if she can ask us some questions relating to a story that she is doing on Baltimore City’s new approach to the vacant housing problem. I say “Sure, love to” and she shows up a few… [more]
Which Market to Choose? Zip Codes by the Numbers
For those new to real estate investing, the hardest part is often knowing where to start. We recommend starting by picking a small geographic area and learning that market. Zip codes are conveniently sized geographical areas – so we suggest starting with one or two zip codes.… [more]
Is the Foreclosure Crisis over? Then where’s all the REO?
In Baltimore City, over the past 12 months there has been a significant decrease in the Active REO Listings in investor price ranges. It appears clear to us that the banks are consciously holding back inventory in order to sustain real estate pricing levels artificially. While… [more]
Baltimore Builds Workshop Series: The Rehab Process
As part of the Mayor’s Vacants to Values Initiative, Baltimore Housing is sponsoring a Workshop Series entitled Baltimore Builds. On Wednesday, August 24th from 6pm to 7pm, representatives from Baltimore Housing will be making the presentation: “The Rehab Process: Proper… [more]
Dominion Featured in Personal Real Estate Investor Magazine
Personal Real Estate Investor Magazine is the national trade publication for private real estate investors who purchase scattered-site residential real estate. The magazine features articles on industry topics such as shadow inventory, the advantages of investing in rental real… [more]
Mayors Conference at Dominion’s Rutland Project
Since 2003, Dominion has been aggregating and renovating properties near the intersection of Rutland and Lafayette in the Broadway East neighborhood. Over that period of time we have aggregated approximately 25 properties in a 2 block radius. More recently, Dominion has been… [more]
REO Real Talk
Back during the real estate bubble, economic fundamentals and real estate pricing were not necessarily correlated. Cap rates were driven down close to Treasury rates and rental economics were not even part of a buyer’s calculus when deciding what to bid on a property. The premise… [more]
Featured Content
Property Tax Appeal Time!
If you own properties in Baltimore City, there is a 1 in 3 chance that you received a property tax assessment notice within the past 3 weeks, letting you know what the State says your house is worth and letting you know what the new tax bill is going to be. We got an 8” stack of notices. After going through the numbers, we found that our average assessments increased 2.47% from 2009. We find this REALLY interesting, since every published set of … [Read More...]
The Big Buyers of 2011
All in all, 2011 was a much slower year than 2010 in terms of investment real estate transactions in Baltimore City. The total number of transactions was almost cut in half, and the number of investors with more than 10 new acquisitions during the year was down to 10, from 14 in 2010. Mayor & City Council topped the charts again this year with over 225 properties, with concentrations in 21215, 21223, 21217 and 21213. Dominion added a little … [Read More...]
The Rentership Society
These guys are speaking our language: “Well, there’s at least one big Wall Street banker that’s betting on the United States becoming a “rentership” society: Morgan Stanley. The company released a report just a few weeks ago saying now is a great time for institutional investors to snap up distressed single-family homes and turn them into long-term rental units. The company says the properties don’t compete with the classic apartment rental … [Read More...]
Confronting Vacant Homes in Baltimore on WAMU 88.5
So this young reporter, Emily Friedman, from WAMU in DC calls our office and wants to know if she can ask us some questions relating to a story that she is doing on Baltimore City’s new approach to the vacant housing problem. I say “Sure, love to” and she shows up a few days later and sticks a microphone in my face. Better that than a video camera, I suppose. We jumped in the car and headed over to Rutland Ave. Here’s how it turned out… … [Read More...]
Which Market to Choose? Zip Codes by the Numbers
For those new to real estate investing, the hardest part is often knowing where to start. We recommend starting by picking a small geographic area and learning that market. Zip codes are conveniently sized geographical areas – so we suggest starting with one or two zip codes. But which zip codes to choose? The answer to that lies in your real estate investing goals. Dominion has founded its business on investing in distressed real estate. We’ll … [Read More...]
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