All Forum Posts by: Yvonne Dupree

Thanks Kevin.  Glad I could help you

I am bias since I live in Baltimore and I also would like to provide you with a chart that one of Bigger Pocket colleagues provided

https://bp-v-newproduction.s3.amazonaws.com/upload...

1. Baltimore is the 4th largest “commuter shed” in the country. Over 900,000 people commute into Baltimore every day from Baltimore area suburbs. And over 200,000 people every day commute in Baltimore from Washington, DC and Virginia.
2. Baltimore ranks #18 in the top 25 rental markets in the entire nation. However Baltimore is the only city in the top 25 markets where the rental rate of return is over 20%
3. Baltimore has one of the most stable economies in the United States, median household income averages $70,000 which ranks #4 in the U.S.
4. Baltimore’s millenial population has grown 16% in the last 5 years
5. Baltimore has over 1,000 miles of natural shoreline making it one of the most beautiful places to live
6. Baltimore gets over 2,000 hours of sunshine a year, rivalling Florida as the “sunshine state”
7. Over 2.7 million people reside in the region making it the 20th largest metro in the country
8. High opportunity and relatively low home prices make Baltimore one of the hottest Real Estate markets in the nation
9. Properties can be purchased in the $70 - $85K range and rents range from $1300 - $1600 a month for 3 - 4 bedroom homes.

Some incredible reasons why so many people are investing in Baltimore Real Estate:

1. Baltimore is the 4th largest “commuter shed” in the country. Over 900,000 people commute into Baltimore every day from Baltimore area suburbs. And over 200,000 people every day commute in Baltimore from Washington, DC and Virginia.
2. Baltimore ranks #18 in the top 25 rental markets in the entire nation. However Baltimore is the only city in the top 25 markets where the rental rate of return is over 20%
3. Baltimore has one of the most stable economies in the United States, median household income averages $70,000 which ranks #4 in the U.S.
4. Baltimore’s millenial population has grown 16% in the last 5 years
5. Baltimore has over 1,000 miles of natural shoreline making it one of the most beautiful places to live
6. Baltimore gets over 2,000 hours of sunshine a year, rivalling Florida as the “sunshine state”
7. Over 2.7 million people reside in the region making it the 20th largest metro in the country
8. High opportunity and relatively low home prices make Baltimore one of the hottest Real Estate markets in the nation
9. Properties can be purchased in the $70 - $85K range and rents range from $1300 - $1600 a month for 3 - 4 bedroom homes.

1. Baltimore is the 4th largest “commuter shed” in the country. Over 900,000 people commute into Baltimore every day from Baltimore area suburbs. And over 200,000 people every day commute in Baltimore from Washington, DC and Virginia.
2. Baltimore ranks #18 in the top 25 rental markets in the entire nation. However Baltimore is the only city in the top 25 markets where the rental rate of return is over 20%
3. Baltimore has one of the most stable economies in the United States, median household income averages $70,000 which ranks #4 in the U.S.
4. Baltimore’s millenial population has grown 16% in the last 5 years
5. Baltimore has over 1,000 miles of natural shoreline making it one of the most beautiful places to live
6. Baltimore gets over 2,000 hours of sunshine a year, rivalling Florida as the “sunshine state”
7. Over 2.7 million people reside in the region making it the 20th largest metro in the country
8. High opportunity and relatively low home prices make Baltimore one of the hottest Real Estate markets in the nation

Hope this helps you Zaki.

Yvonne Dupree

I agree with Brandon.  Have a property manager.  I did this for a long time on my own and believe me it is no fun.   I feel like I am in heaven now.  :)

I also certainly agree with Michael.  If you don't go the manager route, you can possibly be at your rental multiple times a week, a month etc.   It can happen.  Imagine driving many miles to see about why the toilet overflowed and it was their fault.  

Hello,

I just finished talking to one of my insurance clients who just asked me about work.

1099 okay

Resume available

15 years experience working for a senior citizen bldg in Randallstown.

I can provide his information.   Check my profile for contact number.

Brandon,

We are a big city Brandon.  We can handle it.  :)

1. Baltimore is the 4th largest “commuter shed” in the country. Over 900,000 people commute into Baltimore every day from Baltimore area suburbs. And over 200,000 people every day commute in Baltimore from Washington, DC and Virginia.
2. Baltimore ranks #18 in the top 25 rental markets in the entire nation. However Baltimore is the only city in the top 25 markets where the rental rate of return is over 20%
3. Baltimore has one of the most stable economies in the United States, median household income averages $70,000 which ranks #4 in the U.S.
4. Baltimore’s millenial population has grown 16% in the last 5 years
5. Baltimore has over 1,000 miles of natural shoreline making it one of the most beautiful places to live
6. Baltimore gets over 2,000 hours of sunshine a year, rivalling Florida as the “sunshine state”
7. Over 2.7 million people reside in the region making it the 20th largest metro in the country
8. High opportunity and relatively low home prices make Baltimore one of the hottest Real Estate markets in the nation

Be sure to get the property inspected well.  You don't want to inherit any problems and be sure to follow all the municipal codes that your city requests.