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Updated about 4 years ago,
Baltimore long term rentals
I have a question for those who have experience with the Baltimore market.
I'm just trying to reach out to any real estate investors in the Baltimore area.
I'm currently under contract for a turnkey rental property in Baltimore Maryland.
The company I'm working with marketed their fully renovated Baltimore properties in mostly B neighborhoods. Im purchasing this property out of state and based on the market trends of the particular zip code I decided to pull the trigger on the property.
Since I am only 3 hours from Baltimore after signing a purchase agreement on the property I decided to take a trip down just to get a feel for the neighborhood and the property itself as it's a full renovation and want to see the quality of their work.
Now I have some concerns of the neighborhood. I'd like to know what you guys think of the 21229 neighborhood for long-term rentals. Specifically the Irvington neighborhood. this is definitely not a b class neighborhood although the numbers on the property are strong and appreciate your rates are high.
I am worried that I am purchasing property in a rundown area when the market trend signaled differently