All Forum Posts by: Ellis Agurs

Property has 3Bdrm 2Bth w/ Living rm, separate dining rm and kitchen. Unfinished basement, gas furnace, radiant heat, and updated windows. New roof 2 yrs ago. Recently occupied with long-term tenant. Has Lead-Cert. Great location near major university, shopping mall and public transportation with a lot of development in the area. 

Repairs: Cosmetic repairs needed
Rent Range: $ 900-1200
Property Taxes: $496.00
Asking Price: $24,500 Cash OBO

Photos:
https://flic.kr/s/aHsm6Zt3RS

Welcome to BP @Danielle Jordan!! Since you just moved back in the area, maybe consider getting started by house hacking in the Towson area if you're the position to purchase a property anytime soon. If you enjoy doing research, you could assist a more experienced investor or wholesaler finding off market deals. A lot of people start out doing wholesale deals as a way of building capital. Start networking and going to various REIA and/or real estate Meet Up events. Just take ACTION and it's great that you're starting early!

Opportunity in 21207 for savvy investor near the Forest Park Golf Course! Property has 4Bdrm 2.5Bth (1934sqft) w/ hardwood floors throughout on nice lot with free standing 2 car garage. Living rm w/ fireplace, separate dining rm and kitchen. Rear deck, unfinished basement, gas furnace, radiant heat, and some updated windows.

Rent Range: $ 1400 – 1850

Property Taxes: $3453.00

ARV: $240k +

Asking Price: $99,500 Cash OBO

Photos:

https://flic.kr/s/aHsm1V2TYc

Comps:

4211 Wentworth Rd $239k sold 2/17/17

4312 Wentworth Rd $240k sold 3/31/17

4411 Kathland Rd $245k sold 5/19/17

****Property is being sold AS-IS so please do your own due diligence. Property inspections are for informational purposes only at buyer's expense. 3ERA LLC is purchase contract owner with equitable interest in the property. Verifiable proof of funds required for access. $2000 EMD takes property off the market. ***

Great investment property! Clean 2BDRM 1 BTH (972sqft) turn-key rental on a nice block. Unfinished basement w/ 1-car garage, rear deck, gas furnace, radiant heat. Renovated with updated electrical, plumbing and windows in the last 5yrs. Roof repaired last 5 -10yrs.

Repairs needed: Light cosmetics

Rent Range: $850 – 950

Property Taxes: $1395.00

ARV: $55k – 60k

Asking Price: $34,900 Cash OBO

Photos:

https://flic.kr/s/aHsm23LpUP

Comps:

3236 Lohrs Ln sold 6/30/17 $54K

3606 Lexington St sold 7/31/17 $58K

Hi @Folashadé Shelton,

Scenario #2 sounds like a good way to get started if you're going to be moving back in the area.  I wouldn't recommend going thru the V2V route to acquire the property as being your 1st.  You might want to get started with something that will need a little less work, as much of those are in need of a full rehab.  I have a friend that got started with his 1st property being a multi unit purchased in a distressed area of Baltimore that needed repairs and currently living in the property. I'm sure he would be able to give you a few pointers.

TURNKEY rental with only light cosmetics needed for occupancy!! 3bds 1.5 bth row house in Great condition! Recent rehab completed about 3 yrs ago. New roof, electric & plumbing w/ Forced heat gas furnace, Open floor plan, exposed brick, updated windows and w/w carpet upstairs. Priced to SELL!!! Check it out before it's GONE. . . This deal won't last long!

Light cosmetic repairs needed
Taxes: $283.00
Rent Range: $1100 -$1300

Photos:

https://flic.kr/s/aHskMvpGqA

3 Story End Unit Commercial/Residential 2,772 sq ft property w/ 2BD 1BTH apt on 3rd floor. Former bar and lounge set up for package goods carryout with full bar on 1st flr with additional bar on 2nd floor. Does not have liquor license. Many possible options - grocery store, rec center, apt units or rms, assisted living for Vets, senior citizens, etc., or renovate to single family home. Needs Full Renovation. Motivated Seller!!! Proof of funds required for showings. Serious inquires only, all reasonable offers considered.

Photos:

https://flic.kr/s/aHskv9X3KT

Asking Price: $23,500 cash OBO 

Property Address: 2000 blk of Harlem Ave Baltimore MD 21223

3 Story End Unit Commercial/Residential 2,772 sq ft property w/ 2BD 1BTH apt on 3rd floor. Former bar and lounge set up for package goods carryout with full bar on 1st flr with additional bar on 2nd floor. Does not have liquor license. Many possible options - grocery store, rec center, apt units or rms, assisted living for Vets, senior citizens, etc., or renovate to single family home. Needs Full Renovation. Motivated Seller!!! Proof of funds required for showings. Serious inquires only, all reasonable offers considered.

Photos:

https://flic.kr/s/aHskv9X3KT

Asking Price: $23,500 cash OBO 

This property will be a great fixer upper to add to your rental portfolio! Some rehab has already been started. Great buy and hold 3BDRM 1 Bth row house located in West Baltimore with solid foundation. Check it out before it's GONE. . . This deal won't last long! Serious inquires only. . .

Photos: https://flic.kr/s/aHskH78suH

3 Bedrooms

1 Bathroom

Only Asking: $14,000 OBO

Repairs: Needs Rehab

Rents: $850 to $1400 Monthly (rentometer.com)

Investor Sales:

2020 Penrose Ave / Sold @ $13,900 12/18/15

1911 Penrose Ave / Sold @ 14,000 2/2/16

2104 Penrose Ave / Sold @ $15,000 / 4/7/16

1939 Penrose Ave / Sold @ $14,000 / 3/25/16

@Jesus Vazquez Congrats and continued success!! What strategy did you use to find those deals in your area?