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Updated over 7 years ago on . Most recent reply

Lakshay G.'s profile image
Lakshay G.'s profile image
Lakshay G.
  • Small Business Owner
  • from Fallston, MD
  • Member since Jan 14, 2014
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Lakshay G.'s profile image
Lakshay G.'s profile image
Lakshay G.
  • Small Business Owner
  • from Fallston, MD
  • Member since Jan 14, 2014
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Lakshay G.
  • Small Business Owner
  • Fallston, MD
20
Votes |
145
Posts
Maryland Real Estate Q&A Discussion Forum

Property purchase for Buy and Hold (with Ground Rent)

Lakshay G.
  • Small Business Owner
  • Fallston, MD
Posted

Should I stay away from properties for buy and hold that has ground rent? Should any warning lights be going off or it "really" doesn't matter? It's not about how much the ground rent is, my concern is whether I should ignore the deal or not. 

Thanks in advance 

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Teresa F.'s profile image
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Teresa F.
  • Residential Real Estate Broker
  • from Clinton, MD
  • Member since Jul 16, 2008
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Teresa F.'s profile image
Teresa F.'s profile image
Teresa F.
  • Residential Real Estate Broker
  • from Clinton, MD
  • Member since Jul 16, 2008
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Teresa F.
  • Residential Real Estate Broker
  • Clinton, MD
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297
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Teresa F.
  • Residential Real Estate Broker
  • Clinton, MD
Replied

Generally, you can redeem ground rent for a few extra dollars so if you find a good deal I wouldn't let that deter you.  Best, Teresa

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