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Updated over 5 years ago,
Baltimore Rental Market - Cash Flow
Hi,
I'm new to real estate investing. This would be my first property. I am interested in buying a 2 unit property and renting out one unit and living in the other, or possibly buying a property to rent. What are the best areas in Baltimore that are cash flow positive and have a stable rental occupancy rate? I was possibly looking at Canton, Fells Point, Hampden, Charles Village, Reservoir Hill and Dundalk. Any suggestions on areas with lower fixed buy-in costs and stable cash flow? Would a property in Parkville and Dundalk be a better idea than a property in the city? Any thoughts would be appreciated.
Thank you for your help as I start this process.