All Forum Posts by: Jamie Anderson

@Ned Carey That's a fantastic tip about 3/2s, kids and Baltimore schools - I hadn't thought about it that way. Targeting 2/1s may actually be the way to go!

@Christopher Haynes

@Christopher Haynes I'm not as familiar with Patterson Park, but I'm open to different areas, yes. Do you invest there? 

@Ned Carey Thanks for answering, Ned. I was hoping that's still the case!

In doing my research, I know that 3/2 houses sell the fastest. But I'm seeing some 2/1s in decent condition - with the possibility to expand and add an extra bed and bath. I'm looking at a deal like that for around $85k near Dundalk, which I think is good, but on the higher end of the market.

@Mark Cruse Wow DC, huh? I've heard that market is competitive, but lucrative! 

I've gotten some Baltimore leads, and I'm analyzing some properties in the Dundalk area which - after driving it - seems like a pretty good place for investment. Most of what I'm analyzing is under $90,000, which based on my research, is decent pricing for a rental in that area. 

Hi. 

I'm in the Baltimore, MD area, and I've noticed people changing their investment strategies from flipping to buy-and-hold. This is understandable, due to the market correction that is coming. But, is anyone still buying all cash to flip and sell to retail buyers? Or, is that on pause for the next few years? 

Hello, there!

I've recently started marketing my services as a wholesaler. I focused my marketing on a particular area, but got a call today about a house in a completely different area that I'm unfamiliar with - Pocomoke City, MD (Eastern Shore). I'm hoping to find another MD based investor who is familiar with that area, to offer some guidance on price and the market down there. 

The guy said he's looking to sell, but isn't pressed to do so. Although, he did mention not wanting to make two tax payments anymore (subject property is not his main residence), and that he's on a fixed income. He named a price of $168,000 which, based on my limited research is on the high side for that area. The house is paid off and not listed with a realtor, but I have yet to physically see it and whatever repairs may be needed. The seller says it's in good condition, but I don't just want to take his word for it. It seems like he wants retail, or above, for the place - which I know is a big no-no for REI in general.

He seems like he's motivated, but doesn't want to let on how much. I'm not sure how realistic he's being with that price.

Any thoughts?