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Updated over 1 year ago,
Cleveland vs Baltimore
Hello Guys! I am new here. I currently own 2 STR in Bushkill PA and now i want to venture into owning rental properties (Long term) using BRRR method. My liquid pocket isn't deep but i am looking into Cleveland and Baltimore. Cleveland has cheap 1 and 2 families but the appreciation is minimal. Baltimore on the other hand have cheap townhouses west of downtown that are generated a lot monthly.
Can anyone shed some light in the RE market in Baltimore? Is a gentrifying shift coming to the city, because i see a lot of modern renovated townhouses literally right next to a boarded up house. Cash flowing is great, but when it comes to appreciation, which would you go with? Cleveland or Baltimore?
Thank you