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Updated almost 4 years ago on . Most recent reply

User Stats

11
Posts
4
Votes
Ilya Schroeder
  • New to Real Estate
  • Baltimore, Md
4
Votes |
11
Posts

Just starting my Journey

Ilya Schroeder
  • New to Real Estate
  • Baltimore, Md
Posted

Hey Everyone,

My name is Ilya Schroeder and I live in Maryland looking to start this crazy journey of Real estate investing below I have a question and would love any advice or input thank you ahead of time.

I'm new to all of this and this is actually my first post. So here is the back story. I'm 26 years of age looking to buy my first property in Maryland (200K) is what I was approved for. I am really interested in getting into retail investing as I love the concept and ability to grow your business and cash flow. So with that being said. For someone buying their first property and looking to house hack what property would you recommend and how much should I put down. I've been looking for people to help me on this but most people tell me to speak with realtors but listening to the podcast that isn't the right people to speak to. Most people say rental investments aren't an option when you don't have a huge stockpile of cash. 

Id love anyone input thanks 

Most Popular Reply

User Stats

166
Posts
88
Votes
Justin Lanciault
  • Realtor
  • Washington, DC
88
Votes |
166
Posts
Justin Lanciault
  • Realtor
  • Washington, DC
Replied
Originally posted by @Ilya Schroeder:

@Justin Lanciault I think I could also with this market is it even a good idea to do so? How do you run the numbers to find how much to rent. 

Find yourself a good agent to help you run comps and rental numbers (make sure the agent is an investor) - I don't go north of Baltimore City, so I couldn't really tell you much, but right now is a great time to buy because of the interest rates being so low.

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