All Forum Posts by: Jasmine Wilborne

@Neil Sullivan 

Hey Neil! 

I'm super new to investing, but I KNOW that the market is super competitive. 

The option that I will take to secure my future multi-family is direct mail marketing to targeted neighborhoods/blocks/streets that I want to invest in. 

The letters are relatively simple and the possiblity for that "diamond in the rough deal" being yours only is high. 

Maybe you can give it a try? 

Hi @Adam Walter! 

Congrats to your Maryland move. 

I moved to Baltimore, MD last October and I LOVE it. 

As a newbie investor myself, I am still learning the waters. 

It all depends on where you move to (duh!) But if you have any inkling, you can start doing your research now! 

But I would recommend reading the news in the area you want to live in and also subscribing to the Maryland Investors Forum. 

@Daniel O.

I like a few of the properties in Reservoir Hill. 

There is a lot of stuff going on there with the new construction of the school and the demo of that public housing building. 

I guess I am definitely looking for a safe conservative investment to start out with. Just to get my feet wet. 

Thanks so much! 

@Ned Carey Thanks for responding! 

I do see a lot of duplexes around. 

I just started calling landlords in Charles Village, Remington and Abell about their triplexes to get an understanding of rents. I think my best bet is to take a few of the investors out for lunch to hear about their ROI, COC and NOI and then go from there.

I love talking to people to get the scoop. 

Thanks for the feedback! 

Thanks @Account Closed! 

I plan on subscribing the the Sun and the Balt. Biz Journal! 

Currently, I go to the Baltimore REIA, but I am going to start going to the BWI Meetup group too.

I am a buy and hold investor looking for conservative investments that cash flow at least $200 a door (or according to market rate). 

Hey everyone! 

I'm Jasmine and I've got a really big goal to purchase my first triplex in Baltimore City in the next...oh 96 days. My strategy is to use private or hard money to purchase it and use the B.R.R.R.R method to cash out and pool that equity into my next deal. I also plan on house-hacking the unit and renting out the other two units. 

My problem can be summed up in one question: How the heck do I do accurate, thorough market research to determine which neighborhoods/zipcodes to invest in???? 

Baltimore is a zipcode-by-zipcode, block-by-block, neighborhood-by-neighborhood area and I'm overwhelmed!!!! 

Note: I am currently using Ken McElroy 3 step research process....if that rings a bell to anyone. 

Can anyone help me by providing their techniques of market analysis? I've already started by researching vacancy rates, housing prices and employment of different neighborhoods. Am I on the right track?! (I'm tempted to go neighborhood by neighborhood and "eliminate" those I don't want to even touch)

Heeeeeeeeeeeeeeeeeelp!!!! 

Hi @Raymond Ali. 

Brandon Turner wrote a great "Ultimate Guide to Direct Mail Marketing" here it is: https://www.biggerpockets.com/renewsblog/2014/04/0...

Also, if you type in "Direct Mail" into the BP search bar there are 8 other BP blog posts that talk about this. 

Good luck! 

Congrats @Account Closed. 

I plan on buying my first triplex and house hacking it too!

@Michelle Madtes go you for taking your first steps for securing an investment property for yourself! 

Go you. 

Have you checked out this podcast: Podcast #92 Investing in Real Estate with No Money Down. 

It might give you some ideas on how you can use capital creatively. Also, going JV with someone is also an option. Do you belong to a REIA? Perhaps you can network there and see what others are doing in your area.

I hope this helps! 

Keep on searching! 

@Joseph V. with $0. 

But in another sense, "Getting Started" can be as simple as listening to Bigger Pocket podcasts on Youtube, you might like this one: Investing In Real Estate with No Money Down. 

And you know what? That podcast is "free". 

Don't let the "price" or your income keep you from taking your first steps towards freedom.