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Updated over 4 years ago,

User Stats

16
Posts
10
Votes
Brian Lewis
  • Investor
  • Northern Virginia
10
Votes |
16
Posts

What to Do? Income to Invest in Baltimore

Brian Lewis
  • Investor
  • Northern Virginia
Posted

Good Day BP!  I almost feel silly asking this, but here goes...

I will be moving overseas very soon & my company is picking up the tab on the new place.  Due to that & a couple other factors, i will have some extra cash to be used in our buy & hold investment strategy in Baltimore.  I am only interested in turnkey (or just carpet & paint kinda places) primarily because we will be really far away & just haven't built a network of trusted professionals.

Right now, here are the numbers:

2br SFH - $600/mo cash flow - 14% cap

3br SFH - $550/mo cash flow - 12.5% cap

$6k/mo allocated for ongoing RE growth.

Knowing what you all do, what would you recommend for someone in my shoes?

thx!

Brian

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