Ideal BRRRR Markets in Maryland
11 Replies
Justin Brooks
Real Estate Investor from Severn, MD
posted 22 days ago
Hey everyone! So, I am looking to start my first BRRRR project here in the next few months and was wondering if you guys had any insight on what the best places to start looking for deals in Maryland would be. Also, being that it's my first project I definitely would love to get any referrals for contractors, realtors and property managers that anyone may have! Thanks!!
Brian Tome
from Worton, MD
replied 22 days ago
@Justin Brooks - Check out the discussion at https://www.biggerpockets.com/...
Justin Brooks
Real Estate Investor from Severn, MD
replied 22 days ago
@Brian Tome thanks! Will do
Andrew Postell
Lender from Fort Worth, TX
replied 19 days ago
@Justin Brooks I see you have a good recommendation already but just in case Bigger Pockets has some great state forums and usually there are good locals that monitor those. Also, try some local real estate meetup groups. Meetup.com is a good resource for those but some of the groups will also post here on Bigger Pockets Marketplace too. Even facebook might have some good local groups for you. But post locally for this. That’s the best bet.
Russell Brazil
(Moderator) -
Real Estate Agent from Washington, D.C.
replied 19 days ago
DC, PG County and Baltimore are where BRRRR is possible. Wont be able to get all your money back out under current market conditions.
Jeffery Wilen
Rental Property Investor from Vancouver, WA
replied 17 days ago
Consider looking at Cecil & Harford counties as well. We've been able to get all our capital out and have great cash flow there as well. Particularly if you're closer to I95 as that makes the commute to work easy for most tenants. Rent to capital ratios have been great.
Alyson Anderson
Realtor from Harford County, MD
replied 17 days ago
I agree! Cecil and Harford have been my focal point as well both as an investor and realtor. The numbers work and there are great resources in that area. (Title, banks, contractors, etc)
Justin Brooks
Real Estate Investor from Severn, MD
replied 16 days ago
@Andrew Postell Appreciate that Andrew I’m on it!
Justin Brooks
Real Estate Investor from Severn, MD
replied 16 days ago
@Russell Brazil thanks Russell
Justin Brooks
Real Estate Investor from Severn, MD
replied 16 days ago
@Jeffery Wilen thanks for your feedback Jeffrey!!