3 ай бұрын
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@rustykatt3870 2 күн бұрын
I don't want a second set of property taxes, etc. Hotels and hostels are cheaper. Bloody headache.
@thechuck141 7 күн бұрын
I am stuck i have 200k equity but no bank week let me use it
@KevinGrolig 7 күн бұрын
Thanks for watching my video. Feel free to contact me at 240-793-7495 to answer any questions for you, or to help out.
@Sincere427 10 күн бұрын
Great information!!
@KevinGrolig 12 күн бұрын
👀 Have you ever been hit with unexpected costs when selling a home? Share your experience or ask any questions below! I’d love to hear what surprised you the most! 👇
@Bad_Wolf_762 14 күн бұрын
What about battery production and lifetime do you think that's also sustainable
@NikonF5user 14 күн бұрын
It's fantastically awesome - BUT - I REALLY wish we could get either Metro or expanded MARC service into Columbia - and run those trains late enough so that one can do more than just commute into DC and/or Baltimore...
@giffy5775 Ай бұрын
Not as bad as sub woofers in cars.
@ghoulinthegraveyard399 Ай бұрын
At least they roll away, this stays in one spot. Glad I am not near one.
@kawa7626 Ай бұрын
Paula Marshall (Cupid, Gary Unmarried, Californication, and more)
@TheLegion-l7x Ай бұрын
Fairfax is better in everything!
@AJReese-wb7xe Ай бұрын
Howard County - next-door neighbor rented the upstairs of her house with a formal lease with wording in the lease that she is occupying the basement apartment as an owner-occupant. Tenant paid 2 months rent, then stopped. She left her apartment for 3 days and the tenant kicked her door in from the inside on the basement apartment, took it over, and wrote a lease to a third party for the entire house. The squatters are now living in the house - one of them has arrest warrants that the Sheriff can't serve on him while he won't leave the house. Nothing can be done until the eviction begins to process. Owner cannot get into her own apartment in the house that she owns. The squatters tore down the mailbox so that USPS mail won't be delivered. All of the neighbors are worried about home invasion now.
@kevinpowell4192 Ай бұрын
I CANT WAIT TO RIDE THE PURPLE LINE AND I WILL BE USING IT
@tammyrussell-rice5508 Ай бұрын
Gray was IN for about 15-years. It was even called Millennial Gray. Thankfully, it is now OUT. Although, Flippers still love it. LOL 22:52
@KevinGrolig Ай бұрын
Thanks for watching my video. You're 100% right it was in for about 15 years. LOL....to flippers still love it!! 😂😂
@isaacdunford6394 Ай бұрын
LOL I know 4 millennials I feel safe to make generalizations. I am a millennial and this video is trash I personally brought a fixer upper that my boomer real-estate agent didn't want to walk into because it was dirty. If you have issues with your house just say you are willing to discuss allowances. The only thing I value in this video is if you are going to fix stuff or paint do it right. If you want advice on millennials maybe actually listen to one, they may understand their own wants better then a guy claiming to be an expert because he has kids like the rest of you who barley talk to your kids anymore.
@SebFreyTV Ай бұрын
Hey Kevin, great job!
@KevinGrolig Ай бұрын
Hey....thank so much for checking out my video. Let me know if I can help in the future.
@SebFreyTV Ай бұрын
@@KevinGrolig maybe I'll see you at a Compass Retreat one of these days! I'd love to talk KZbin with you.
@Kopaka-ep7ug Ай бұрын
Welcome to 🤡 world
@KevinGrolig Ай бұрын
💯....thanks for watching my video.
@Kopaka-ep7ug Ай бұрын
What if the sellers become squatters and refuse to leave the home?
@KevinGrolig Ай бұрын
Hey thanks for watching my video. I did have that experience 20 years ago, where the owner held over for nearly 3-4 months. Because of the hoarder situation, me and my clients were leery that he would be able to move in time however so we negotiated the rent would be tripled for the first 30 days after the expiration, then some ungodly amount days 31-60, and so on and so on. Long story short, my client had no problem with it whatsoever since he was making so much money during the seller holdover period. Fortunately in this case we were prepared ahead of time, and had written terms into the rent back agreement that more than protected him. He also had a home he was living in that he planned to rent out after he moved into the new one. You bring a valid point. It certainly can happen. I would avoid rent backs whenever possible however sometimes they are necessary.
@Kopaka-ep7ug Ай бұрын
@@KevinGrolig any suggestions or videos about what buyers can do to protect themselves if they have to do a rent back?
@KevinGrolig Ай бұрын
I am hoping you're not in this situation right now. If so, I would speak to a local real estate attorney. I think the best way a buyer can protect themselves is by not agreeing to a rent back in the first place. This may mean missing out on a home where the seller requires it, but that's where one needs to balance risk vs reward. I would definitely say, you lessen your odds of a problem when you can clearly see the home sellers keep their home in immaculate condition and have a very clear and concise date and address they are moving to. If the home sellers are hoarders, or let's say the home is in disrepair, that's a red flag. If the home sellers are unclear about the date and location they are moving to, that can be a concern as well.
@Kopaka-ep7ug Ай бұрын
@@KevinGrolig thanks. Currently looking to buy but it’s such a sellers market right now, it’s seeming less and less likely we’ll ever get anything. It’s like the buyer needs to assume all the risk and the seller has no risk. High home price. High interest rate. Wave the inspection. 2 months rent back for free. It’s just impossible for first time homebuyers.
@KevinGrolig Ай бұрын
@@Kopaka-ep7ug yeah...it's not easy being any buyer, let alone a first time homebuyer. Are you living in the DC area? If so, the market has softened greatly over the last 2-3 months. The last few sales I've had there's been no competition, buyers have been able to negotiate some as well as getting home inspection and appraisal contingencies. Let me know if I can help you in any way. Feel free to hit me up by text at 240-793-7495 📲📲
@KevinGrolig Ай бұрын
What's the biggest concern you have about selling your home? Drop your thoughts in the comments below! I'd love to hear your experiences, and don’t forget to hit that subscribe button for more insider tips on navigating the real estate market!
@ronwinkles2601 Ай бұрын
What you are saying applies to all homes you own whether primary, secondary or triciary. II own three homes and enjoy all three. However, all three are paid in full. I have never lost a dime in real estate in the last 57 years.
@dq7143 Ай бұрын
Good insights. I suggest your next video should be on the pros and cons of buying a time share.
@Captain-ln3vh Ай бұрын
I have more than one “ second “ home. I’ve had them for more than 20 years. Not a day of regret.
@dq7143 Ай бұрын
Also, that second home provides more room to store stuff.
@KevinGrolig Ай бұрын
@dq7143 good point, but are you looking at that as a plus or minus??
@Captain-ln3vh Ай бұрын
@@KevinGrolig, For me it’s an absolute plus. I live in two different states. I absolutely Hate CA. but I have family and business reasons I must stay for now. My home in Arizona has been a lifesaver for my sanity over the years. I have many rental properties that have done very well but they are business not security. My homes definitely reflect mine and my wife’s personalities and humans need a home for comfort and security.
@ReeInvesting Ай бұрын
good info!
@KevinGrolig Ай бұрын
Thanks for checking out my video. All the best!!
@toyarj37 Ай бұрын
None of this will help
@toyarj37 Ай бұрын
None of this will help
@seanmccollough639 Ай бұрын
While I agree that PG and Montgomery Counties need this transit option, don't forget that this is the State of Maryland! When it's all said and done, it will be a massive tax waste! (And I'm sorry for saying that, but we all know it's true!)
@dmvairsoft9243 Ай бұрын
Baltimore and the county have the light rail, also run and built by MDOT; that serves less people through a lower populated area. Where else would be build dedicated rail transit, Kent island?
@hejiranyc Ай бұрын
I'm a Florida snowbird. I LOVE IT!! My only regret is that I didn't do it sooner.
@KevinGrolig Ай бұрын
That's awesome, and certainly tempting!! Where do you live full-time. Thanks for watching my video 🎥🎥
@hejiranyc Ай бұрын
@@KevinGrolig I live half the year in NYC and half the year in FL. I actually prefer living in FL; however, I cannot tolerate the summer heat/humidity, so I will never live there full time.
@finned958 Ай бұрын
I sold my timeshare back to the original developer for 20% of the original price. The loss was significant, but glad no more yearly payments. I sold it a few months before the next payment was due. Just get rid of it. Another expense is offering to pay for the education of grandchildren. Buying a new car when you can just drive current car for much longer.
@KevinGrolig Ай бұрын
What’s your take on buying a second home? Share your experiences or any tips you have! Let’s keep the conversation going-drop a comment below and don’t forget to subscribe for more insights!
@zenwithamit Ай бұрын
Having a 2nd home is not for weak heart but for folks who don't mind being uncomfortable. Yes it does require attention and painful to manage if you have tenants but it can also work in your favor if you have decent rainy day fund to handle last minute surprises. If you prefer sured returns invest in CDs. All the points you have in there Kevin are on point.
@ArabellaPottery Ай бұрын
When I was house hunting. I disregarded any house with solar panels. Nope! Never!!! I Also would never buy a 55 or older community home for my parents. When it's time to sell, your buyer pool is so much smaller.
@ryleighloughty3307 Ай бұрын
Stupid hairdo, Mr Soy.
@SecundaDivision Ай бұрын
This video is very helpful, thanks Kevin!!!!
@KevinGrolig Ай бұрын
You are very welcome. Thanks for watching my video, and let me know if I can be of any future help. 👍
@TheLegion-l7x Ай бұрын
@@KevinGrolig In your opinion, what is the most dangerous part of Montgomery County MD?
@nuniel8398 Ай бұрын
Bro are you kidding me. You're telling me that in Montgomery County Maryland I will see deer in every part of the county which means Bethesda, Rockville, Silver Spring, Gaithersburg and even Takoma Park huh?
@KevinGrolig Ай бұрын
lol...they're thick as thieves in all parts of the county. We're also seeing more fox in MoCo than ever before, and hell a black bear was chilling out earlier this year in DC. No joke! 🤦♂️🤦♂️
@TheLegion-l7x Ай бұрын
@@KevinGrolig Wait, so you're telling me that there is a very high chance I can spot deer in Bethesda and Silver Spring?
@KevinGrolig Ай бұрын
@@TheLegion-l7x 100%
@nuniel8398 Ай бұрын
@@KevinGrolig But were not talking about the District of Columbia. And I have seen deer in Montgomery County MD, just not in the southern parts of Montgomery County such as Bethesda, Silver Spring, Friendship Heights Village, and even Chevy Chase. Now I have seen deer in the more rural parts up north in Montgomery County like North Potomac, Germantown, Hyattstown, and Damascus.
@maxinehillary1176 Ай бұрын
I have generations of deer that come to my yard and I like them. We are seeing less than we used to and now they want to put yet more apartments in here and drive what little wildlife is left out and crowd out the homeowners. You won't see them in downtown SS,, but they struggle to survive in the urban forests.
@ErinCallahan-g5n 2 ай бұрын
Great info!!! It’s better to know people who have beach houses! 😊
@KevinGrolig 2 ай бұрын
Agreed.
@ErinCallahan-g5n 2 ай бұрын
HOA boards - the worst!!
@KevinGrolig 2 ай бұрын
LOL....Many of them are. Hang in there sparky. Let me know if you need help selling your HOA home. 😏
@steveshattah 2 ай бұрын
I lived in a condo with a Nazi for a HOA president and they got me for $300 on something but I got them back. When it came time to sell I just put a sign on the window for sale by owner and every time a potential buyer had questions I'd give them the phone number of the HOA president.
@KevinGrolig 2 ай бұрын
LOL...That's awesome. I assume you sold the condo...right?
@steveshattah 2 ай бұрын
@@KevinGrolig I sold it to the first person I let through the door. I told four or five people on the phone that it didn't sound like they were ready or it wasn't for them and one guy knocked on the door and had a big frown on his face when I opened it so I wouldn't let him in.
@KevinGrolig 2 ай бұрын
Congratulations on that. I'm going to do a follow up video on Never buy a condo. While HOA's can be difficult condos are worse. Since the Surfside incident a few years back, there has been a lot of changes that can make it insufferable for condo unit owners. Thanks for watching my video. 🎥
@sirflimflam 2 ай бұрын
2:05 - joke's on you, I'm just a random guy in his 30s that got recommended this video. Why am I here? Why am I watching this? God only knows the mind of someone with a short attention span.
@KevinGrolig 2 ай бұрын
lol....not sure why you were recommended my video, but feel free to share it with the rents!! 👍👍
@defundhollyweird8675 2 ай бұрын
I live in an HOA and enjoy it. I think it is great to live in an area where owners are forced to maintain their properties and aren't allowed to let them go to crap.
@samhavoc1066 2 ай бұрын
Never buy into a HOA period! Both experiences I had were bad. A board made up of your neighbors who almost instantly go to the dark side once they're elected, no matter what they say before hand. Administering a HOA takes intelligence, integrity, and decent legal and financial skills... none of which are requirements to run for the board.
@deanc.5984 2 ай бұрын
NEVER HOA!!!!!!!
@KevinGrolig 2 ай бұрын
lol....thanks so much for watching my video. I hear you. It sounds like you've had some issues with them in the past or present?
@GeorgeWashingtonLaserMusket 2 ай бұрын
Don't retire? Don't LIVE PERIOD in a HoA. I have just as much control over my home as some "homeowner" who lives in a HoA, I rent. They have monthly "fees" to the HoA, I have a monthly rent. They have to get permission to use a certain color of blinds or curtains, I don't. If the HoA shows up at your yard unannounced well they're allowed, if my landlord does, he is NOT allowed without 48 hours notice as per state law. You pay property taxes, I don't; you had to buy the place you're paying rent to live in, I did not.
@KevinGrolig 2 ай бұрын
Thanks for checking out my video. If you rent in an HOA, you still need to abide by the community rules and regulations. In the end, you and your landlord don't make the call as to what's approved and not approved. If you're renting outside of an HOA, of course that's different. We could always argue the rent vs buy scenario. That's certainly a personal decision where there are no rights or wrongs. I rented for nearly 10 years after I was divorced. At first it was simple economics but later I continued to rent because I needed to buy time while I determined what the second half of my life was going to look like. Purchasing a home gives you stability. There is no worries about the landlord raising the rent or selling the house. Owning a home builds equity along with tax advantages. Thanks again for checking out my video.
@TatharNuar 2 ай бұрын
0:48 I don't think any of the HOAs in my *state* offer anything like this. They just punish you for not having it done, and then use that to take your home from under you.
@erato1 2 ай бұрын
The biggest Con is that an HOA can foreclose on your proptery.
@KevinGrolig 2 ай бұрын
Thanks for watching my video. You are correct, the HOA does have the ability to foreclose on your property but I wouldn't consider it a con when a buyer agrees in writing to abide by the covenants, bylaws, rules and restrictions as well as pay the monthly fees prior to purchasing the property. Ultimately the HOA fees are just the same as your mortgage and your taxes. If you pay, you stay. If you don't, you won't!
@markkrajnik 2 ай бұрын
Agreed no HOA!!!!
@teams3345 2 ай бұрын
I like the rules in my HOA.
@KevinGrolig 2 ай бұрын
Glad to hear you're having a positive experience with your HOA! The right set of rules can really help maintain the neighborhood and keep things running smoothly. Thanks for sharing your perspective!
@teams3345 2 ай бұрын
@@KevinGrolig They are strict rules and we love that.
@KevinGrolig 2 ай бұрын
Thanks for checking out my video. I'm good with the rules in mine as well.
@scoutandscooter 2 ай бұрын
I lived in a co-op in Manhattan for many years. The board was a group of unqualified control freaks. Couldn't flush a toilet without their approval. Unless you're wealthy enough to own a townhouse, the only choice is a co-op or a condo. Condo boards have gotten as bad as co-ops. NEVER living in an HOA. Fees NEVER go down.
@KevinGrolig 2 ай бұрын
Sounds like you had quite the experience in your co-op! Board overreach can definitely be frustrating, and you're right, fees rarely go down. It’s a tough balance between maintaining property value and not feeling micromanaged. Thanks for sharing your story!
@5metoo 2 ай бұрын
Maintenance costs and taxes never go down and it makes no difference whether you're in an HOA or not. Condos aren't for everyone, but people that shriek over fees talk like costs don't rise for single family residences. But of course they do just as fast.
@KevinGrolig 2 ай бұрын
Thanks for watching my video. You're right, don't expect HOA fees to go down. HOA fees just like housing and consumer goods are only going up. I think the biggest question or concern about an HOA is being self aware enough to know whether or not, you look at the rules and restrictions as a "net positive" for the whole community or an infringement upon your personal homeownership rights. I think if you can self evaluate yourself first, you've most likely made it 95% of the way to determining whether an HOA is or is not a good fit.
@5metoo 2 ай бұрын
@@KevinGrolig 100%. Know thyself. It also seems to me you pick your HOA board when you pick your neighborhood. The place I used to live I'd never buy a condo, for the simple fact that though it was safe and everything, the demographic was such that there would be excessive infighting. Moved to a nearby more exclusive town in a nice neighborhood, and voila. People are chill, and the HOA board is chill. For the same reason colleges that effectively screen out the lower income have better students. I also made sure no units above us and only 1 shared wall to minimize issues. People buy without thinking ahead, and then complain about things that are entirely predictable.
@KatieAtkinson 2 ай бұрын
This has largely been my experience living in a townhome HOA. The board has so many things to worry about with 200+ units they didn't sweat the small stuff. They really only care about (1) things that disrupt your neighbors, (2) things that might compromise community property, and (3) things that endangert the legal status is the HOA. I admit though, meant things can endanger community property. For example, if you want to put a satellite dish on your roof you need HOA approval, including all information about who is completing the work, because the roof is community property. I could see for some people this would be suffocating. I see it as an effect of living in a multi-dwelling unit though, not so much the HOA. Generally, i am quite skeptical of the benefits of an HOA for single family homes, except in exceptional circumstances. For example, living in a gold course.
@KevinGrolig 2 ай бұрын
Thanks for sharing your experience! You make some really good points, especially about the balance between protecting community property and maintaining personal freedom. It's true, in multi-dwelling units like townhomes, HOAs play a bigger role due to shared spaces. The satellite dish example is a great one - it’s more about protecting the property than micromanaging. For single-family homes, I agree, the need for an HOA can feel less critical unless there are specific amenities like a golf course. It’s definitely not a one-size-fits-all solution.
@5metoo 2 ай бұрын
I would only live in a small complex. Mine is 42 units and like the author I'm about 85% satisfied.
@119Agent 2 ай бұрын
Pro -- protects your investment and neighborhood through bylaws and community engagement.. Con -- Board members and management companies who overreach their authority.
@KevinGrolig 2 ай бұрын
Absolutely spot on! The protection of property values and the sense of community are definitely big pros. But yeah, when the board or management overreaches, it can quickly become frustrating. Have you ever had an experience where the HOA took things too far?
@pjabrony8280 2 ай бұрын
So my question is, why are there no HOAs that just take care of the maintenance without assuming power over the properties?
@KevinGrolig 2 ай бұрын
Great question! It would be ideal, right? Unfortunately, most HOAs bundle property maintenance with rules and restrictions to maintain uniformity and protect property values. Some communities may offer maintenance services without strict rules, but they can be harder to find. It's all about balancing convenience with the level of control you're comfortable with!
@samhavoc1066 2 ай бұрын
Because there are always owners who will do their own thing, violate the rules, causing the board to overreact and then everyone suffers.
@worldchanges10 2 ай бұрын
My son lives in NC with his new wi😂fe
@KevinGrolig 2 ай бұрын
Awesome!
@worldchanges10 2 ай бұрын
Money money money 😂
@lilimichno5510 2 ай бұрын
Thank you for this video.
@KevinGrolig 2 ай бұрын
Glad it was helpful!