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Updated almost 9 years ago,
Investor looking to isolate neighborhoods and zip codes
I am an investor in Real Estate in Baltimore. I have lived in Baltimore years ago, and visited last year. I am trying to isolate which area to avoid and which to pursue either by neighborhood or zip code.
I like Hampden, Fells Point, and Charles Village but these are all priced out. I think that there are neighboring areas that are more affordable. I believe that areas to avoid are Druid Heights, Greenmount and North Avenue.
To that end, I am nearing the completion of a RE sale in California and am searching for replacement properties in Baltimore that would meet the 2%-3% rule and comply with a 1031 exchange.