Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Ozzy Sirimsi

Ozzy Sirimsi has started 7 posts and replied 1557 times.

Post: Turnkey investment opinions

Ozzy Sirimsi
Posted
  • Real Estate Agent
  • Baltimore, MD
  • Posts 1,617
  • Votes 775

If you have ton of money laying around

You have no time  and you cannot trust anyone 

Sure do turnkey.

if you have time that you can search a team, good realtor, honest GC, then do not invest in turnkey.

Post: Who's doing MTRs in Richmond?

Ozzy Sirimsi
Posted
  • Real Estate Agent
  • Baltimore, MD
  • Posts 1,617
  • Votes 775
Quote from @Sean Monahan:

Hi Allen,  

I have some MTRs in Baltimore.  You can use the following website as a good source of data.

https://www.furnishedfinder.com/stats


 Does furnished finder really work, I heard mix reviews about it. 

I use facebook groups a lot and it works most of the time.

Post: Dscr loan banks/lenders

Ozzy Sirimsi
Posted
  • Real Estate Agent
  • Baltimore, MD
  • Posts 1,617
  • Votes 775

@Brian Valdivia  might help you if you still need it.

Post: Property Manager Recommendation

Ozzy Sirimsi
Posted
  • Real Estate Agent
  • Baltimore, MD
  • Posts 1,617
  • Votes 775

never heard such a thing to be honest but it really depends on where you buy in the city and for how much.

Not every property manager manages all of Baltimore.

Post: Out of State Investing

Ozzy Sirimsi
Posted
  • Real Estate Agent
  • Baltimore, MD
  • Posts 1,617
  • Votes 775

You can invest in Baltimore City, or Baltimore County. 

it is right next to you and you can always drive down in an hour. Do multiple deals, feel comfortable, and then go out of state.

Out of state could be very profitable if you find the right team, or it can be nightmare.

Post: First ever fix and flip

Ozzy Sirimsi
Posted
  • Real Estate Agent
  • Baltimore, MD
  • Posts 1,617
  • Votes 775

Congrats!!!

Post: Share you STR Economics

Ozzy Sirimsi
Posted
  • Real Estate Agent
  • Baltimore, MD
  • Posts 1,617
  • Votes 775

There are facebook airbnb groups you can get more information about your questions

Post: Can I get a lower downpayment with a house hacking ?

Ozzy Sirimsi
Posted
  • Real Estate Agent
  • Baltimore, MD
  • Posts 1,617
  • Votes 775

I concur everybody else :D)))

Post: Good Places/Advice to Invest in Maryland

Ozzy Sirimsi
Posted
  • Real Estate Agent
  • Baltimore, MD
  • Posts 1,617
  • Votes 775

I always ask what is the budget and you strategy are you doing renovation or turnkey rentals

Getting random suggestions could be waste of time but if you give more information people can give you better suggestions.

Post: Baltimore - a path to never-ending pain

Ozzy Sirimsi
Posted
  • Real Estate Agent
  • Baltimore, MD
  • Posts 1,617
  • Votes 775

Hi Wendy,

As a Baltimore investor, I am sorry to hear you had a bad experience. I ve been only investing in Baltimore and I mostly have positive thing.

I thing your main problem was ( as you mentioned) going with turnkey providers. I don't know you but I never understand why people fall into it. Usually they offer one or two year rent guarantee, I guess that is quite attractive when you don't know the city.

Baltimore has multiple layers of properties and if you truly invest in mid range (not like those turnkey companies mid range) you should be fine but I assume you bought in a bad neighborhood, paid top dollar and later realized you made a mistake which is a very common story with a lot of people who invest with turnkey providers.

As a Baltimore investor I can say that it is not just the city, it is the company and investors who wants to make the big buck by investing 100K or less.

I hope you find better deals in the future and you should definitely reach local investors in Bigger pockets to double check. Most of us are very helpful and dont mind answering questions.

Good Luck!!!