All Forum Posts by: Huiya Xiao

@Russell Brazil always appreciate your succint insight! Your macro analysis of Baltimore market is quite informative!

@Jack Seiden to provide more background information, I'll probably look for a $300-400k property with 25% down in the next year or two, as I'm still saving for the down payment. On one hand, I'm eager to take action, not just learn (in Brandon Turner's words :). On the other hand, I want to be patient and not buying at the top of the market cycle.

Is eastern shore of MD like past the Bay Bridge? I've been to St. Michaels a couple of time. What do rental properties look like over there?

@Russell Brazil thanks for your comment. I've seen many of your postings regarding the DC market and appreciate your perspective here. I just realized you were on one of the BP podcast episodes and I'll check that out. It's also a coincident that I was just listening to the very episode after yours.

Regarding risk and reward, I think I'm okay with medium risk and medium reward. Also curious why Baltimore is considered high risk. Is it because of investing in some C or D neighborhood, or more on the macro economic or demographic?

I joined BiggerPockets 5 or 6 years ago, but never pulled trigger on a rental property because of analysis paralysis and lack of education I guess. I looked at some townhouses near Lake Ridge, VA area even before that, but didn't buy any (regret:).

I recently caught the bug of real estate investing again, and really like the idea from Brandon Turner about searching for opportunities within 2-hour driving radias. I live in Herndon, VA, and by that criteria I'm looking at towns and cities like Fredericksburg and Winchester VA, Martinsburg WV, and PG, Anne Arundel county and Baltimore MD. I'll be looking for rentals with relatively good cash flow (good Rent to Price radio) and appreciation (secondary goal).

Understanding the challenging market condition currently, I'll probably wait until the market picture clears out a little bit and the numbers make more sense. In the meantime, I'd like to reach out to the BP community and connect with any real estate agents and contractors active in the areas mentioned.

Happy to be part of the BP community (again), and look forward to learning and contributing more here.