Oliver - Baltimore MD

[Joi Johnson]

Hi All,

I recently came across the neighborhoods Oliver and Broadway East in Baltimore MD. Through some quick google searching I saw that there's been a company investing a lot in this area and it has improved drastically over the past 6 years. For homeowners as well as rental properties. I was wondering if anyone has any experience or information about this area. It's a little hard for me to find enough rents to get legitimate comps so I wanted to reach out to the BP MAryland/Baltimore community. Any thoughts on the current state of the area and the future of it?

[Chris L.]

no. Very hard to finance on refi or flip for buyer. Lot of board ups. Come home is bad news stay away from them. Bond street project was their original investment into neighborhood and more then half houses remain unfinished. They put on big dog and pony show for investors and homeowners but leave trail of destruction for most investors, crappy work for homeowners and projects in state of flux. Neighborhood has wide streets good infrastructure but still drug laden and surrounding area really rough. Change is extremely slow and most investors I know stay away. Just to many better areas to invest in.