Baltimore investors, where did you make your last purchase?

Baltimore investors, where did you make your last purchase?

Sunnyvale, CA · Member since 2016 · 71 posts · 21 votes

Hey BP,

The title has it all.  I'm curious where Baltimore BPers have purchased recently and/or where you're targeting.  What neighborhood(s) are you excited about? Thanks for the info!

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Investor · Baltimore, MD · Member since 2014 · 1k+ posts · 688 votes
9y
A diet coke, royal farms
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  • Investor · Baltimore, MD · Member since 2014 · 1k+ posts · 688 votes
    9y
    A diet coke, royal farms
  • Professional Auctioneer · Baltimore, MD · Member since 2015 · 1k+ posts · 1k+ votes
    9y

    Essex, Dundalk, Hay Market Virginia, Easton Maryland, Fells Point, Hamstead, Middle River.

    How is this information going to help you?

    Deals are where the EQUITY or CASH FLOW IS.

  • Sunnyvale, CA · Member since 2016 · 71 posts · 21 votes
    9y

    Hi @Account Closed, I thought it might help indicate to me where to look for EQUITY or CASH FLOW.

  • Sunnyvale, CA · Member since 2016 · 71 posts · 21 votes
    9y

    @Account Closed, sounds like you got a negative cash flow no equity deal.

  • Ned CareyPro Member
    Moderator
    Investor · Baltimore, MD · Member since 2008 · 17k+ posts · 13k+ votes
    9y

    @Account Closed I am excited about neighborhoods other people are NOT excited about. I don't like competition. The hotter the neighborhood the more likely you are to be competing with  new investors who don't know the real  costs and will overpay.

  • Baltimore, MD · Member since 2016 · 57 posts · 17 votes
    9y

    I must say I'm on @Account Closed I'm excited about Reservoir Hill, but my non-investor friendly realtor wasn't. I'm going to zero in again and see if I can see any potential for equity and cashflow. 

  • Ned CareyPro Member
    Moderator
    Investor · Baltimore, MD · Member since 2008 · 17k+ posts · 13k+ votes
    9y

    @Jasmine Wilborne most real estate agents don't know anything about investing or what makes a good deal. That is not  meant as an insult it is just not the business they are in. Most sell pretty houses to people who want to live in them.

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