All Forum Posts by: Erick Guajardo

@Alyson Anderson ,

I keep hearing great things about the eastern shore, I'm not too familiar with the area but it seems like it's a good place to start my search. Thanks so much for the input! 

@Jordan Autrey it's definitely a beautiful state, I've had nothing but good experiences. Very business friendly. Best of luck!

@Sam Lewis fantastic, I was thinking on those areas but haven't really looked in detail.

Thanks for the reply!

@Jack Seiden I'm very familiar with the areas around route 1 and it's definitely attractive but yes I think the price point is still a bit higher for me. Any places in particular you would recommend on the eastern shore?

Thanks for the reply!

@Russell Brazil great. I'll start looking a bit more on that area, thanks for the reply!

@Ruth Lyons thank you for such a detailed answer.

Definetly looking for cash flow right now, planning on using hard money then BRRRR. In terms of the which class of property I'm leaning towards I would probably say C or Ds since that would be the best place to look for a BRRRR and because anything above that would probably require a down payment that I would not be able to currently afford.

Hello everyone! My name is Erick Guajardo, I'm planning to start my REI adventure soon focusing on buy&hold properties and would love to get some advice on where to invest. See I'm fairly new to Maryland and since this is an expensive market I've been struggling on my search for areas with a good entry point that actually make sense as a buy&hold investment. I currently own my primary residence in Glen Burnie so due to distance I've been focusing my search mostly in Baltimore city/county, Anne Arundel Co., Howard Co. and PG Co. but I'm considering any area in MD an option, I just need more direction on where to look.

I would love to hear from locals or anyone with experience in MD what areas do you consider have a good entry point and a solid rental market for a first rental. 

Any additional tips welcome!

Thanks in advance!

PS. Sorry for any grammar mistakes since English is not my first language.