D Street on Capitol Hill is Complete!

The D Street property is now on the market for $599,999!  It was a journey, but now it is complete and on the market.  Take a look at the pictures below.  You can view the entire virtual tour here: http://slideshow.mris.com/slideshow/slideshow.htm?ListingKey=97989166986

People love our coffered ceilings:

And our state of the art kitchen:

View the entire virtual tour here:  http://slideshow.mris.com/slideshow/slideshow.htm?ListingKey=97989166986

Latest Investment Makes a Perfect Vacation Rental

BEFORE:




AFTER:


Our most recent investment by the iClub is a huge success! Our newly renovated Takoma Park home just welcomed it's first vacation guest from Seattle, Washington. Take a look at the video tour:



FOR A PHOTO VIRTUAL TOUR, CLICK HERE: http://slideshow.mris.com/slideshow.cfm?ListingKey=96358344759


We now have 4 vacation rentals in DC. Take a look at our online booking site (just click the SEARCH button to explore the listings): http://www.vacationrentaldesk.com/onlinebooking/MultiSearch.aspx?multiguid=cc77d758-a603-4b65-93c4-1d770f601846


If you have any visitors coming to the city, or if you know of anyone interested in seeing if their property qualifies to be a vacation rental, let us know! Email dcrental@citydwellers.us for more details.

SOLD! iClub First Investment Property ($155,000 Equity)

CityDwellers' iClub is happy to announce that its first investment property has been SOLD! It took exactly 4 months from start to finish. We turned an ugly duck into a beautiful swan. By decorating with the right colors, removing walls to add functionality, and updating fixtures and appliances, we created $155,000 in equity. See the before and after pictures below.
For a full VIRTUAL TOUR of the entire house, CLICK HERE.

Case Study 1: H Street Corridor with $385,000 Equity

We will post Case Studies so our subscribers can see the type of opportunities we give our clients first hand:



This house was a fire damaged house a half-block north of H St, DC's hottest new corridor. The City broke ground this summer to construct a trolley/street car line on H Street from Union Station to RFK Stadium (to be completed Summer 2011). We kept this trolley project in mind as we made the offer on the property for $200,000.

The house sold in March 2009 for $585,000. That allowed for $385,000 equity to pay construction costs, loan fees, selling costs and carrying costs. Most investors would expect to walk away with at least $100,000 from a project like this. Here are the after pictures: