What's up in Baltimore!?

[Evan Schluederberg]

I am considering purchasing my first property in Baltimore, a 2-3 unit, owner occupied house in Fed Hill. Looking to live there for a year and have the rental income help with the mortgage. Then get out and hopefully have it fully rented and cash flowing a bit. 

My question is this, how is the Baltimore market looking right now? With the recent riots etc, how would you feel about starting a new venture here? Anyone working this market and having success? 

Thanks for the advice and input! 

[Nicole A.]

Baltimore is a very strong investing area. Living in one unit and renting out the other to help pay your mortgage is a good idea because I doubt you could cash flow renting the whole property out in Federal Hill. Not cheap there if I'm correct.

Get to know Baltimore rental laws!! They are unique county to county. They are different than Baltimore County's rental laws. Learn them now while you have no tenant problems.

Lots of us here invest in the area. The riots have not changed things. Good luck!

This site and link to chat will be very helpful:
http://www.courts.state.md.us/legalhelp/districtct...