Thinking about buying my first property in Baltimore.

[Tyrone Perry]

Good afternoon BP family!!

I’ve been doing some reading, listening to podcasts and talking to current investors. I want to buy my first investment property (buy and hold), however I live beautiful northern Virginia. The market is pretty expensive here. I’ve been looking at the Baltimore area. Has anyone had any luck investing there? Any suggestions or info would be greatly appreciated. Thank you!!!!

-ty

[Tiffany Spann]

@Tyrone Perry I actively invest in Baltimore. I would suggest you learn the neighborhoods and streets. Many areas are block by block neighborhoods so you can't assume something in the same zip code or sometimes on the same street a couple blocks down is a true comp. Therefore, the easiest thing to do is concentrate on a central location you'd like to invest in and become an expert in that neighborhood. Also, I would recommend you begin to form a solid team because you don't live close enough to Baltimore to run back and forth for small items such as showing a rental property, maintenance issues, and sometimes even having the ability to check out new off-market or MLS properties when they first become available.