What Ratio Do You Use In Baltimore City?
What ratio are you Baltimore investors using to prescreen deals in Baltimore city? In other Maryland counties I typically use the 1% rule and it turns out fine. But with the insane real estate tax rate in Baltimore of $2.25 per $100, I was wondering what BP users were using. I bet @Ned Carey is probably pretty knowledgeable in this area. Ive never owned in the Baltimore city limits, but have recently considered a few properties there.
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