TIME TO TRADE UP, HINT
LESS TOILETS…MORE TIME.
WE HELP YOU WITH THE DETAILS, SO YOU CAN SPEND MORE TIME ON DOING
WHAT’S IMPORTANT TO YOU.
SPECIALIST IN
DC SMALL MULTIFAMILY/COMMERCIAL PROPERTIES
To Develop or not to Develop?
If you build it, and structure it, they will come.
OUR SERVICES
REAL ESTATE IN DC
We specialize in small multi-family, commercial, and residential real estate in the District of Columbia.
MULTI-FAMILY
We specialize in Small Multifamily Properties in D.C. (primarily 2-4 Unit – duplex, triplex, and quadplex).
COMMERCIAL
We assist Commercial Landlords with leasing, development, strategic partnerships, selling, property management, Options Analysis (Sell vs. Hold. vs. Develop vs. Trade).
RESIDENTIAL
We assist owners in D.C. and several nearby markets to analyze their options and execute their decisions as it relates to selling single family properties.
ABOUT US
KEY POINTS ABOUT COMPANY
Our mission is to make commercial investments accessible to the average person and investor, by focusing on the approximately 20,000 Small Multifamily and Small Commercial Properties in D.C. – 2-4 Unit Property. These properties offer the average investor huge long-term upside, steady cash-flow, and great financial security, with the added upside of being in constant demand and quick to sell, lease, and finance. They provide great stepping-stones into larger commercial investment opportunities, are fantastic retirement assets, and can also provide owner occupants a way to reduce their personal expenses by utilizing the rents from their tenants to offset their mortgages. We feel this is a unique and under-served asset class in D.C., with it’s own unique benefits & challenges, that we feel our residential and commercial experience is well suited to address.
Brandt Tingen
Brandt is a 5th generation Washington, D.C. and surrounding area real estate professional with significant brokerage and owner / operating experience in small multifamily, small commercial, and construction / development. From an early age Brandt was exposed to commercial real estate, construction, residential real estate, raw land – all of these experiences and his continued pursuit of educational and experiential advancement lend themselves to his ability to see real estate challenges and opportunities from a high strategic level, taking into account all possible scenarios, arriving at options that may be missed by other real estate professionals with narrower experiences. Brandt holds: real estate salespersons licenses in D.C., MD, VA; a property management license in D.C., where he heads Integral Property Management, LLC; two undergraduate business degrees in Operations and Marketing from George Mason University’s School of Management; a minor in technical writing and drafting; and is continuously updating his knowledge in the areas of real estate finance, ownership structures, construction, development, and legal aspects.
Michael Tingen
Michael is a 4th generation architect & designer, following in the footsteps of his grandfathers before him, who served as naval architects stationed in Brooklyn, NY, Pearl Harbor, HI, and The SE Navy Yard in D.C. Michael has a unique ability to create at a high intellectual level, while also reigning in the practical elements of a project, which has led to successful completion of historic and design projects, where other much larger firms have failed or quit. Michael holds a Bachelors degree in Architecture from the Pratt Institute in Brooklyn, NY, and is currently pursuing his Master’s degree of Architecture in Vienna, Austria – afterwards he plans to obtain Architecture licenses in CA, NY, and DC, and to eventually pursue a Ph.D in Architecture at Columbia University.
Contractors
Having the right contractors can make or break a construction project. Over the past 15 years Brandt has meticulously hand picked the best in the business in D.C., including many 3rd & 4th generations contractors, in areas including but not limited to: Electrical, Plumbing, HVAC, Roofing, Windows & Siding & Doors, Iron Work, Pest Control, General Interior Contracting (kitchen & bath remodels), General Carpentry, Painting, Woodworking, Concrete, Landscaping Hardscapes & Softscapes, Framing, Masonry, Appliance Repair, Locksmith, Staging, etc.
Marketing
Marketing is a critical part of any real estate transaction. Brandt has thoroughly vetted marketing partners and designed marketing strategies. These combined practices take into account all of the modern technology and tactics afforded by the connected age, while also paying homage to time tested ‘guerrilla’ street marketing tactics that just can’t be duplicated by technology alone. The approach yields buzz from the social, online, and grassroots spectrum – which has led many of Brandt’s projects and sales to break new ground with regards to sales price and leasing records.
Legal*
Given the bureaucratic nature of doing business in D.C., having the right real estate attorneys for the right job is imperative in D.C. Over the past 15 years, Brandt has spared no expense in obtaining counsel and while doing so structuring the best legal team in all areas of real estate law that an owner operator may experience, including but not limited to: Landlord & Tenant, Settlements, Creative Deal Structuring and Owner Finance, TOPA, Rent Control, Development, Condo Conversion, Real Estate Litigation, Historic Approvals, Zoning Adjustment, Probates, Trusts, Wills, etc.
Tax & Financial*
Brandt has vetted key associates in the areas of tax and financial advisement. It’s important to consult with legal and tax professionals when undertaking any major real estate investment, and Brandt has spared no energy or expense in locating and learning from these professionals to link his clients with the best in the areas of tax & finance to offer valuable suggestions with regards to the tax implications and legal risks of any particular real estate asset / project.
*Brandt Tingen is not a financial, legal, or tax adviser. Please obtain your own counsel in these areas (at a minimum) prior to making any real estate decisions
CLIENT STORIES
Helping our clients achieve their goals and maximizing their success is our greatest strength, here are a few examples:
Professional Musician Retires
Our client had accumulated a large portfolio of single family and multi-family property in DC over the decades, as the kind of real DIY owner operator that we know and love. When it came time to retire, our client found our signal cutting through the noise of unsolicited offers, inexperienced agents, and tire-kickers. We assisted our client in analyzing their portfolio to determine the best properties to sell and to hold. We sold several 2-4 Unit properties along with several single family properties and vacant lots for our client. We broke several all-time sales price records along the way for 2-4 Unit Properties, one of which still stands many years later. Then we transitioned to assisting our client in the lease-up of the remaining single family properties, placing well qualified long-term tenants on multi-year leases.
First Time Rehabber Flips DC 2-4 Unit for 2.5x Purchase Price
When an experienced Baltimore landlord wanted to try their hand at DC 2-4 Unit property, they knew who to call. We assisted our client in the purchase, renovation, and sale of a 2-4 Unit Property in DC, grossing our client more than 2.5x what they paid on the purchase. And to boot, they uplifted a community with a beautiful multifamily property that provides families with great places to live for many years to come. Not to mention, this 2-4 Unit sale set a sales price record which still stands.
Motivated Landlord Sells for Record Price
When a client had to sell immediately for medical reasons, we stepped in to make sure their DC 2-4 Unit property didn’t go to the sharks. We sold this small multifamily for a record breaking sales price in a shorter amount of time than originally anticipated, all while leaping several settlement related hurdles along the way which could have derailed settlement had we not stepped in.
“House-Hacker” Walks from Closing Table with Check After Buying DC 2-4 Unit
Sounds to good to be true? A first time home-buyer used our knowledge of the local market to purchase a 2-4 Unit property to occupy one unit and rent the remaining units, aka, “House-Hacking.” Utilizing a government program we are experienced with, our client had their down payment covered. We then negotiated a substantial seller subsidy with the seller which covered all of our client’s closing costs, and we negotiated seller repairs, so the units were rent-ready at closing. At closing, our client received most of their earnest money deposit back, walking away from the table with a check. Our client ultimately only required a few hundred dollars in cash to close! Upon closing, we assisted our client in quickly leasing up the un-occupied units utilizing our local knowledge of additional government programs, which resulted in our client’s mortgage, insurance, and tax payments all being covered by the rent generated from the additional units, and then some!
Management and Re-Leasing of UpTown Commercial Multi-Unit
When our client began having delinquent rent and lease violation issues with their tenants at a commercial 2-4 Unit property, they knew who to call. We stepped in to access the situation, replacing the previous property manger, and quickly got to work renegotiating the leases. This resulted in a net rental increase of over 37%, and the tenant covering a 5-figure repair bill. We then assisted our clients in addressing deferred maintenance left untreated by the prior property manager including updating HVAC, plumbing, and roof systems. We noticed that several gas traps, grease hoods, and drainage pipes had been directed by adjacent landlords to damage our client’s property over the years. We worked swiftly with the adjacent landlords and maintenance engineers to redirect those systems to discharge back onto their own properties, saving our client 10’s of thousands of dollars in repair bills.
B L O G
COMPANY NEWS
Send Us A Message
OUR CONTACTS
ADDRESS
Address here
EMAIL
brandt@brandttingen.com
TELEPHONE
703-674-6777 [ mobile / text ]
WORK HOURS
Mon.-Fri.: 10-20, Sun.: 12-16
ADDITIONAL INFORMATION
CEO, Integral Property Management
888-777-6028 [ toll free ]
info@integralpropertymanagement.co
IntegralPropertyManagement.com
Taylor Properties
175 Admiral Cochrane Dr #111
Annapolis, MD 21401
Broker Phone: 800-913-4326
Frequently I see the topic come up in real estate investor and landlord forums, “How much if anything should I save to cover the expenses of my rental?”. The answer is often the subject of heated debates, but in reality, there is no perfect answer. This month we shed some light on the topic of Income & …