Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Maryland Real Estate Q&A Discussion Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago on . Most recent reply

User Stats

23
Posts
11
Votes
Claudio Meira
  • Rental Property Investor
  • Potomac, MD
11
Votes |
23
Posts

Looking for Possible places to Invest in Maryland

Claudio Meira
  • Rental Property Investor
  • Potomac, MD
Posted

I'm looking for places to buy and rent out whether it's long term or short term renters. I currently have STR properties in Berkeley Springs, WV and those are doing really well. I was thinking of continuing there but like to have some variations on the next rental location.

Certain places that I'm looking at are Frederick, Hagerstown, Ocean City, and Lake Creek Lake. 

I generally look for property under $200k.


Any insights would be appreciated in the four locations above. 

Thanks,

Most Popular Reply

Account Closed#1 BiggerPockets Exclusive PRO Area Contributor
  • Professional Auctioneer
  • Baltimore, MD
1,470
Votes |
1,857
Posts
Account Closed#1 BiggerPockets Exclusive PRO Area Contributor
  • Professional Auctioneer
  • Baltimore, MD
Replied


Claudio Meira I believe it is not where you invest, but, what your objectives are; for me for over 40 years now, I would invest only where there was cash flow or equity, houses, commercial or businesses with real estate, looking at my holdings now, I have a pizza restaurant, a small grocery store a leather night club in a some apartment houses in Baltimore.
If the deal does not have Cash FLOW OR EQUITY I am either not interested or I make an offer using some creatives formulas I developed over the years of "Trial and Terror! I use "power prospecting, Control and Roll (using the auction market for quick flips and assignments and the Hybrid offers, options and delayed settlements with possession."
Every transaction can be manipulated to suit my investment goals. Most all deals can be good if you understand how to structure them.

At 78 years old, I do more out of state partnering using radio and direct contact marketing to find the equity packed deal.

Glad to give you some ideas,

I am in Baltimore.

Wishing you good luck and financial success, stay in touch,

Charlie

Loading replies...