Househacking in Baltimore County for 400K for a 3/2 or 4/3

Househacking in Baltimore County for 400K for a 3/2 or 4/3

Member since 2024 · 22 posts · 10 votes

I've decided on Baltimore County to begin my househacking journey. I used to live in the city and the taxes and water bills are nightmares. I'm not that familiar with the county and most well rehabbed properties are coming up in Dundalk and Essex.

I used to live in Patterson Park and those areas were considered problematic. I like Dundalk because of it's location (easy to get south and 20 minutes away from shopping areas.

Any advice on this area? Will I be able to overcome it's reputation in getting mid term renters? Any other areas you'd consider?

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Russell BrazilBusiness Member
Moderator
Real Estate Agent · Washington, D.C. · Member since 2012 · 17k+ posts · 30k+ votes
2y
Quote from @Yasmin Mughal:

I've decided on Baltimore County to begin my househacking journey. I used to live in the city and the taxes and water bills are nightmares. I'm not that familiar with the county and most well rehabbed properties are coming up in Dundalk and Essex.

I used to live in Patterson Park and those areas were considered problematic. I like Dundalk because of it's location (easy to get south and 20 minutes away from shopping areas.

Any advice on this area? Will I be able to overcome it's reputation in getting mid term renters? Any other areas you'd consider?

 You should reach out to @Sara Frank. She is a Baltimore agent that specializes in househacking

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  • Russell BrazilBusiness Member
    Moderator
    Real Estate Agent · Washington, D.C. · Member since 2012 · 17k+ posts · 30k+ votes
    2y
    Quote from @Yasmin Mughal:

    I've decided on Baltimore County to begin my househacking journey. I used to live in the city and the taxes and water bills are nightmares. I'm not that familiar with the county and most well rehabbed properties are coming up in Dundalk and Essex.

    I used to live in Patterson Park and those areas were considered problematic. I like Dundalk because of it's location (easy to get south and 20 minutes away from shopping areas.

    Any advice on this area? Will I be able to overcome it's reputation in getting mid term renters? Any other areas you'd consider?

     You should reach out to @Sara Frank. She is a Baltimore agent that specializes in househacking

  • Real Estate Agent · Washington DC · Member since 2016 · 847 posts · 656 votes
    2y
    Quote from @Yasmin Mughal:

    I've decided on Baltimore County to begin my househacking journey. I used to live in the city and the taxes and water bills are nightmares. I'm not that familiar with the county and most well rehabbed properties are coming up in Dundalk and Essex.

    I used to live in Patterson Park and those areas were considered problematic. I like Dundalk because of it's location (easy to get south and 20 minutes away from shopping areas.

    Any advice on this area? Will I be able to overcome it's reputation in getting mid term renters? Any other areas you'd consider?


     I’d try my best to be outside the beltway in Baltimore county, generally the nicer areas, I tend to especially like Towson, lutherville, even parkville is a good value.

  • Member since 2024 · 22 posts · 10 votes
    2y
    Quote from @Jack Seiden:
    Quote from @Yasmin Mughal:

    I've decided on Baltimore County to begin my househacking journey. I used to live in the city and the taxes and water bills are nightmares. I'm not that familiar with the county and most well rehabbed properties are coming up in Dundalk and Essex.

    I used to live in Patterson Park and those areas were considered problematic. I like Dundalk because of it's location (easy to get south and 20 minutes away from shopping areas.

    Any advice on this area? Will I be able to overcome it's reputation in getting mid term renters? Any other areas you'd consider?


     I’d try my best to be outside the beltway in Baltimore county, generally the nicer areas, I tend to especially like Towson, lutherville, even parkville is a good value.


     Thanks, Jack.  I checked out Parkvilled the other day. It's acceptable as an area though the flips I saw weren't great quality.  Towson is great but I haven't seen anything in Towson proper. I really hate the city because of taxes and water bills but the charming neighborhoods with a strong sense of community seem to be Lauraville, Beverly, Hamilton and Franklintown.
    I'm also considering Halethorpe because it's a good commuter location.

  • Real Estate Agent · Washington DC · Member since 2016 · 847 posts · 656 votes
    2y
    Quote from @Yasmin Mughal:
    Quote from @Jack Seiden:
    Quote from @Yasmin Mughal:

    I've decided on Baltimore County to begin my househacking journey. I used to live in the city and the taxes and water bills are nightmares. I'm not that familiar with the county and most well rehabbed properties are coming up in Dundalk and Essex.

    I used to live in Patterson Park and those areas were considered problematic. I like Dundalk because of it's location (easy to get south and 20 minutes away from shopping areas.

    Any advice on this area? Will I be able to overcome it's reputation in getting mid term renters? Any other areas you'd consider?


     I’d try my best to be outside the beltway in Baltimore county, generally the nicer areas, I tend to especially like Towson, lutherville, even parkville is a good value.


     Thanks, Jack.  I checked out Parkvilled the other day. It's acceptable as an area though the flips I saw weren't great quality.  Towson is great but I haven't seen anything in Towson proper. I really hate the city because of taxes and water bills but the charming neighborhoods with a strong sense of community seem to be Lauraville, Beverly, Hamilton and Franklintown.
    I'm also considering Halethorpe because it's a good commuter location.

    Some people really like supporting the city in which case , northeast Baltimore would seem to the best place to buy a single family, in my opinion given the taxes situation and given that none of those areas are walkable I’d rather just be in the county and pay Lower taxes, and it’s not like northeast Baltimore is much that much cheaper than Baltimore county, hathorpe is mixed, arbutus is nice, I hate the housing stock there, would rather be in Catonsville if I was considering western Baltimore county.
  • Tim JacobPro Member
    Real Estate Agent · Baltimore, MD · Member since 2016 · 520 posts · 379 votes
    2y

    Dundalk I would prefer compared to Essex as it's closer to the city.  I'd say for mid term I'd be near hospitals.  The main hospital and Bayview are commutable from Dundalk.  Good Samaritan and Franklin are both close as well.  Parkville in the right area is nice.  In general you are looking at C grade in some parts of Parkville as well  as Dundalk, Essex, and Middle River.  Price will reflect this.  Northeast near Morgan they are upgrading but is in the city.  Ofcourse that means more taxes and water bills.  Towson things will be nicer but the purchase price will increase.  I'd make sure it would do well with long term in case you get sick of mid term and want to convert it to long term.    

  • Property Manager · Baltimore, MD · Member since 2014 · 1k+ posts · 1k+ votes
    2y

    I love my Dundalk rentals. All have performed well and rent easily. There are a few Dundalk neighborhoods I'd stay away from but for the most part it's a great area for house hacking/BRRRR. Feel free to reach out if you have any specific questions about the area.

  • Realtor · Baltimore, MD · Member since 2020 · 255 posts · 182 votes
    1y
    Quote from @Yasmin Mughal:

    I've decided on Baltimore County to begin my househacking journey. I used to live in the city and the taxes and water bills are nightmares. I'm not that familiar with the county and most well rehabbed properties are coming up in Dundalk and Essex.

    I used to live in Patterson Park and those areas were considered problematic. I like Dundalk because of it's location (easy to get south and 20 minutes away from shopping areas.

    Any advice on this area? Will I be able to overcome it's reputation in getting mid term renters? Any other areas you'd consider?


     Dundalk and Essex prime because of commutability to the city and lower price point. Alternatively the other side of the city (Pikesville, Towson outskirts) still decent rentals but they are farther from employment centers. Halethorpe/Elkridge/Glen Burnie are good as well but your money definitely won't go quite as far as Dundalk and Essex as everyone has hinted about here. 

  • Member since 2024 · 22 posts · 10 votes
    1y
    Quote from @Sara Frank:
    Quote from @Yasmin Mughal:

    I've decided on Baltimore County to begin my househacking journey. I used to live in the city and the taxes and water bills are nightmares. I'm not that familiar with the county and most well rehabbed properties are coming up in Dundalk and Essex.

    I used to live in Patterson Park and those areas were considered problematic. I like Dundalk because of it's location (easy to get south and 20 minutes away from shopping areas.

    Any advice on this area? Will I be able to overcome it's reputation in getting mid term renters? Any other areas you'd consider?


     Dundalk and Essex prime because of commutability to the city and lower price point. Alternatively the other side of the city (Pikesville, Towson outskirts) still decent rentals but they are farther from employment centers. Halethorpe/Elkridge/Glen Burnie are good as well but your money definitely won't go quite as far as Dundalk and Essex as everyone has hinted about here. 


     Thanks Sarah, I don’t see much house hacking going on in Essex or Dundalk in terms of listings on Zillow or FB so my concern would be finding professional adult roommates that want to house share in that area. i’ve been following a lot of the midterm rental groups in Facebook and the consensus is that contracts have decreased significantly and hospitals are using more local labor pools. I need long-term renters as a back up.

    I saw a basement apartment for rent in LauriaVille in a gorgeous remodeled home that’s been listed for $1050  It’s been sitting there a couple months and that concerns me because that’s not a lot of money for quite a bit of space in a great house.It’s been sitting there a couple months and that concerns me because that’s not a lot of money. I don’t really have an interest in House hacking if long-term rates are $700 a month incl utilities for a bedroom. 
    Are you seeing house hacking among mature professionals in any of these areas? From what I can see, I’ve only seen higher rents like 1000 for a bedroom right in the city. 


    I really appreciate you chiming in! 





  • Realtor · Baltimore, MD · Member since 2020 · 255 posts · 182 votes
    1y
    Quote from @Yasmin Mughal:
    Quote from @Sara Frank:
    Quote from @Yasmin Mughal:

    I've decided on Baltimore County to begin my househacking journey. I used to live in the city and the taxes and water bills are nightmares. I'm not that familiar with the county and most well rehabbed properties are coming up in Dundalk and Essex.

    I used to live in Patterson Park and those areas were considered problematic. I like Dundalk because of it's location (easy to get south and 20 minutes away from shopping areas.

    Any advice on this area? Will I be able to overcome it's reputation in getting mid term renters? Any other areas you'd consider?


     Dundalk and Essex prime because of commutability to the city and lower price point. Alternatively the other side of the city (Pikesville, Towson outskirts) still decent rentals but they are farther from employment centers. Halethorpe/Elkridge/Glen Burnie are good as well but your money definitely won't go quite as far as Dundalk and Essex as everyone has hinted about here. 


     Thanks Sarah, I don’t see much house hacking going on in Essex or Dundalk in terms of listings on Zillow or FB so my concern would be finding professional adult roommates that want to house share in that area. i’ve been following a lot of the midterm rental groups in Facebook and the consensus is that contracts have decreased significantly and hospitals are using more local labor pools. I need long-term renters as a back up.

    I saw a basement apartment for rent in LauriaVille in a gorgeous remodeled home that’s been listed for $1050  It’s been sitting there a couple months and that concerns me because that’s not a lot of money for quite a bit of space in a great house.It’s been sitting there a couple months and that concerns me because that’s not a lot of money. I don’t really have an interest in House hacking if long-term rates are $700 a month incl utilities for a bedroom. 
    Are you seeing house hacking among mature professionals in any of these areas? From what I can see, I’ve only seen higher rents like 1000 for a bedroom right in the city. 


    I really appreciate you chiming in! 






     Yes, unfortunately only midterm, furnished rentals in the nicer parts of the city will get you over that $1000/mo hump if thats your goal. The tradeoff being higher taxes. 

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