New BRRRR Investor MD

[Andrew Barbaro]

Hi BP, I have been reading and learning for some time now and find myself in a position to invest. Now I am looking to take the next step into real estate by buying an investment property using the BRRRR strategy. I am interested in a property that will cashflow. I am new to Maryland and learning about the area.

Looking into various options…

All advisers say to start local, but looking into Maryland in Columbia seems very hot like most markets and way out of my budget right now. I am hoping to get into properties of $100-$200k. Primarily interested in SFH or small multi-family homes. Some of the areas that I have looked into in Maryland are Aberdeen, Edgewood and Bel Air.

I would prefer to target tenants that are Military, stationed around the area. I am willing to look up to a 3 hours drive from Columbia, MD.

Would be grateful for your thoughts on either the Maryland area or surrounding states.

Thanks in advance.