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Updated about 6 years ago on . Most recent reply
Multi family investing in PG county, Maryland
Hi all,
I currently do flips in PG county Maryland. I've been thinking about doing some buy and holds. Seems like from the BP podcasts that duplex, triplex, etc are a good way to go. However, I haven't found any that would even get 1% monthly cash on cash return.
The multi's I've looked at are around Tacoma park and college park for 350k-ish. Seems like single families around 100k-120k have much better cash on cash return in PG.
Am I doing something wrong?
Most Popular Reply
Takoma Park has incredibly restrictive rent control. The multis there are almost guaranteed to be cash flow negative if you purchase them using leverage
- Russell Brazil
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- (301) 893-4635
- Podcast Guest on Show #192
District Invest Group
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