New member from Maryland (Washington DC Metro area)
Hello BiggerPockets community,
I've been reading BP posts and listening to podcasts for the past 12 months. So I guess it's time to dive in. My name is Andrey. I live in Rockville, MD. I am here to learn more about buy and hold, and of course to network. So far I am planning to commit 70-90K.
I'll be looking for several answers before I'll start investing:
1) Need to identify area of investments. Wash DC area is far away from the 2% rule (please feel free to disagree with me. I'll be happy to know that I am wrong). So should I be looking more into Baltimore area? Any reasons to stay invested in Montgomery County.
2) If Maryland area is Ok for investments, should I pursue real estate license?
3) How do you justify less than 2% rule in Montgomery county?
4) I'll be looking to select where should I concentrate (single family, townhouses, condos or multy family)
Looking forward to hear from you.
Thanks,
Andrey