Market Research Help
Hey everyone,
I'm a new investor looking to buy a property in Maryland (Goal is to have property #1 by the end of 2019). I need some help in identifying good markets in Maryland. My real estate agent keeps pushing the Dundalk/Essex area saying that this area is good for cash flow. And while I know appreciation shouldn't be your top priority when investing, I also want an area that can appreciate a fair amount over the next 20 years. I'm concerned that markers like a declining population in the Baltimore area might not be a good sign for rental or property value appreciation. Is this a valid concern, or should I just focus on cash flow? What are some good identifiers for a good area when looking for investment properties?
Thank you!