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All Forum Posts by: Christina R.

Christina R. has started 53 posts and replied 845 times.

Post: Wholesaling Thoughts

Christina R.Posted
  • Investor
  • DMV Maryland
  • Posts 867
  • Votes 370

@ J Scott

@J Scott I learned a valuable lesson with that @Ned Carey property too and that was why didn't I think to bring that to your attention sooner??? I think I can answer my own question - that was in the city and my feeling was that you didn't really want to rehab in the city. I should have not made any assumptions. I did and a potential good one got away

Post: Introduction!

Christina R.Posted
  • Investor
  • DMV Maryland
  • Posts 867
  • Votes 370

@Kwamena Odum for some reason my @feature is not working on my tablet right now. Welcome to BP. Lots of MD people on here and many invest in Baltimore. Congrats on your property. Like Nicole, I too am curious what ZIP your property is i but like she said if an HML went for it there is a deal there. I would suggest getting the XRF done to get lead free cert. My experience talking with HMLs is many wont lend unless the prop is going to be lead free. For me it would also be peace of mine b/c lots of lead poisoning lawsuits in Baltimore against anyone ever owned the prop.

There is a great free Meetup in Columbia the 2nd Wednesday of the month. Tyrus or Ned can probably post the embedded link, I can't figure out how to do it. Ykh can also Google Baltimore Washington Meetup

Post: New member from Maryland (Washington DC Metro area)

Christina R.Posted
  • Investor
  • DMV Maryland
  • Posts 867
  • Votes 370

@Andrey Y. @Nicole Williamson @Amir Stoudamire @David Kosiorek - there is a BW Meetup this Weds as Ned mentioned. Great place to network and get pumped. Ned has the link above. See you there!

Post: Hello from Baltimore

Christina R.Posted
  • Investor
  • DMV Maryland
  • Posts 867
  • Votes 370

is there a tutorial on ABCD properties and what the letters represent?

Post: Advice on how to price a wholesale deal

Christina R.Posted
  • Investor
  • DMV Maryland
  • Posts 867
  • Votes 370

@Jessika Perkins

Oh I dream of the day . . . ;-)

So you now know I have not wholesaled anything yet, so no hands-on knowledge but the "book knowledge" I've gained here on BP tells me that you can sell it for whatever you want as long as there is room for the end buyer to make his/her profit. Theoretically it shouldn't matter what you make as long as the end buyer has a smokin' deal.

That being said, I believe there are various ways to close the deal so that your end buyer doesn't balk at settlement and leave you high and dry (double close vs assignment - if there is a huge spread here it may be worth the fees to double close to keep your fee your business).

How do you generate your wholesale leads?

Post: Hello from Baltimore

Christina R.Posted
  • Investor
  • DMV Maryland
  • Posts 867
  • Votes 370

welcome! You've probably already discovered there are many MD investors on the BP site as well as many who concentrate on Baltimore City/County. Setting up keyword searches to your specific needs will be beneficial.

Post: New member from the Annapolis Maryland area

Christina R.Posted
  • Investor
  • DMV Maryland
  • Posts 867
  • Votes 370

Welcome! You will learn so much on this website.

Post: New member from Maryland (Washington DC Metro area)

Christina R.Posted
  • Investor
  • DMV Maryland
  • Posts 867
  • Votes 370

@Andrey Y.

- welcome to BP, "officially." If you haven't already done so, Set up some keywords so that you can get email alerts when anyone discussing those keywords posts here. There are also multiple Meetups and REIA meetings in the DC/MD/NoVA area.

Baltimore is a market where the 2% rule can be met but it is one that you will have to study well. I am still looking to do my first deal. I've learned a lot in the past 7 months, as I'm sure you have purusing the BP posts. Lots to learn here. I was born and raised in MoCo. I think there is opportunity everywhere but it is harder to find it in certain areas (like MoCo vs Baltimore City). It also depends on your risk tolerance and ability to contribute financially (but the latter is where being serious about your networking can really, REALLY help you)..

Post: New member here from Columbia, MD

Christina R.Posted
  • Investor
  • DMV Maryland
  • Posts 867
  • Votes 370

Hi David,

Welcome to BP. There is a great free monthly Meetup (BW Meetup) in Columbia for real estate investors. It meets the second Weds of the month, which means there should be a meeting on January 8th. Lots of MD/DC/VA people on this site. Have you rehabbed property or are your a buy-and-hold investor?

Post: I Fired My Boss!

Christina R.Posted
  • Investor
  • DMV Maryland
  • Posts 867
  • Votes 370

Awesome, very inspirational and your faith will keep it coming.