New member looking to invest in Baltimore

[Robert Rubel]

Hello everyone, my name is Robert Rubel and I am a recent graduate looking to begin investing in real estate. I currently live in Washington D.C., but would like to focus on buying and holding single family homes in the Baltimore area, specifically Fells Point and Federal Hill. I would love to hear from anyone who has experience working or investing in this area!

[Ned Carey]

@Robert Rubel There are two main ways to make money in buy and hold investing. Immediate positive cash flow from rents, and longer term appreciation in property value. 

Areas that you, your friends or I would want to live in, may not cash flow very well. They will tend to be more expensive areas and the rents may not cover expenses. They can actually even be negative cash flow.  However those areas tend to be more likely to appreciate in value due to demand.

Which areas you chose depends on both your goals and your financial resources. A great area may not be great for you.  A bad deal in a great area is still a bad deal.  A great deal in a weak area can still make you money. This is a concept my friend @Account Closed taught me