Updated almost 5 years ago on . Most recent reply
Looking into SFHs in Maryland
Hello all,
I'm just starting out and decided to focus on buying my first property in Maryland. I'm waiting for some financing to come through but in the meantime I've been looking for SFHs for LTRs. My idea is to buy a SFH in the Ellicott City, Cantonsville, Columbia or Elkridge area. I just wanted to get a sense whether this idea for a SFH in these areas is a good one or not. I have a friend that said those areas are good areas but most likely have owners and not renters. Should I pursue this plan or is there a better area for SFH LTRs?
Any input would be appreciated!
Most Popular Reply
Hi,
I live just north of Catonsville and there are quite a few rental properties in my area, including a rental townhouse community. Ellicott City, Columbia and Elkridge are much more expensive and the taxes are significantly higher. I think any of the areas could work depending on your budget and strategy.