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Updated almost 9 years ago,
Maryland Flipping Market
My wife and I are interested in moving to the east coast, specifically Maryland to continue doing flips. I am currently doing flips here in UT and in the Vegas/Henderson area, but inventory and returns are lower than I'd like. I'm wanting to scale my business and have heard a lot about the returns investors are getting in Maryland.
I've got a good amount of capital and can do a few flips at once, assuming there is enough inventory to do so. I'm hoping for homes most likely in PG/Baltimore Counties and to have total investment including acquisition and rehab to be around $150k, as there are many buyers at that price point.
For those of you doing flips in Maryland:
- What would be your advice for someone looking to get into the Maryland real estate market?
- What are your average net returns?
- Where are you having the most success and where are you finding these deals?
Thank you in advance for you time!
Kyle Payne