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Updated almost 4 years ago on . Most recent reply

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34
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Reggie Desir
  • Rental Property Investor
  • Boston, MA
53
Votes |
34
Posts

Is Baltimore a good city to do remote investing in?

Reggie Desir
  • Rental Property Investor
  • Boston, MA
Posted

The city has a large pool of renters and a low cost of entry. I does anyone have any experience in the area?

Most Popular Reply

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Mark Cruse
  • Investor
  • Fort Washington, MD
1,584
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1,192
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Mark Cruse
  • Investor
  • Fort Washington, MD
Replied

Ok, I can respect that. In general, Baltimore has it´s good areas and bad areas like many other places. However, you really need to know your area. This place goes block by block and if you do not know what is going on it can destroy you. Don´t just go by the way it looks. Do a lot of research; visit often and find out as much as you can about where you want to go with it. In terms of remote investing; my experiences have been ok but  its best to be close to things. If not, you are really going to need an outstanding property manager. Its a process because Baltimore can be hard at times. Make sure you get the right numbers for what you get and be patient. 

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