All Forum Posts by: Justin Lanciault

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $180,000
Cash invested: $15,000

SFH with an-in-law suite that my mom lives in rent free. Break even most months

Investment Info:

Single-family residence buy & hold investment in Baltimore.

Purchase price: $52,000
Cash invested: $2,500

Another cash flowing property near Coppin State

Investment Info:

Single-family residence buy & hold investment in Baltimore.

Purchase price: $76,000
Cash invested: $6,000

Great cash flowing property

So you are owner occupying?

@Temi Olufotebi I did enjoy living there. I was on the top of the hill, near Lincoln’s Cottage, not that close to the metro. Sounds like you have a great location.

Reason I ask about the short term rentals is the new rules that just went into affect. Are you up to date on the new rules?

I used to live in Petworth, great area, what cross streets?

If the market can bear it, why lower your rents unless your unit isn’t comparable? 

Lastly, what do you mean by short term rentals?

I grew up in Arlington. Areas where you are getting 1% are areas where homes are under 200k for a reason. That being said, I have a rental off of Meadbrook Ln in Fort Worth where we are getting 1% because we rent out the rooms. They do exist, just understand the neighborhood.

Properties can be listed as “in foreclosure” meaning the foreclosure process has begun and the owner may be behind.

600/room in Meadowbrook Fort Worth

Property managers in Maryland aren’t licensed. DM if you want a few good Baltimore ones.