Multi family in Baltimore

[Sandra Holt]

I am at the beginning stages of buying a multi family in the Baltimore City or Baltimore County area. Can anyone give me advice on areas that are up-and-coming versus areas to definitely avoid? Thank you for any and all recommendations!

[Nicole B.]

Wow.. so rough on Baltimore City.  Those who are not from Baltimore are usually hesitant to invest here.  However, there are many opportunities, if you are familiar with the neighborhoods.  Baltimore is a big rental market.  I agree that you must see it day and night and locals can tell immediately if it's a good block to invest in.  Only downside is that the market is on the upswing, so I would buy soon.  Not a lot of inventory, so look for auctions and get on wholesaler lists.  Also, keep in mind that there are upsides to "C" class, especially when the market tanks again!