Updated almost 3 years ago on . Most recent reply
Starting Out in WV or Baltimore
Hello all,
As the title states, looking to get started in WV or Baltimore as an out of state investor. I am aware of the high interest rates, but I am in this for the long haul.
Any specific insights into the cities of WV, Baltimore, or any other cities you like over the next 30 years would be appreciated.
Best,
Gavin
Most Popular Reply
What strategy are you looking to pursue (short, medium, long term rental; fix and flip; etc)? Why specifically these areas (general interest, specific data or trends that jump out at you)?
I haven't really looked at West Virginia at all but in Baltimore I'm specifically looking at Hampden (just west of Johns Hopkins) for long term rentals and some areas just outside Baltimore like Ellicott City, Towson and Bowie which is a bit further away.
Generally speaking the DC/MD/VA area Isa well educated and growing population, with great schools in specific areas. So long term indicators overall look great but you need to dig into local areas to properly asses any investment.