Updated almost 9 years ago on . Most recent reply
Investing in 21229 zip code
Hey everyone - im seriously considering picking up an inv property in 21229 near leakin park. Any particular experience investing in that area?
According to realtor.com the properties comps are about $100.000. This property is selling for $74,000. Is this an up and coming area of Bmore? From a numbers perspective mortgage est $540 including escrow. Market rent is $1050 on the conservative side. Isthis something that makes sense??
Feedback is greatly appreciated.
Most Popular Reply
I presume that was supposed to say "who screens the tenant?" You do. Everything in the relationship regarding landlord tenant is the same as a market tenant, except section 8 pays some or all of the rent. They have no responsibility for what the tenant does or how he or she acts in your property.
My guess is no voucher necessary means that even though it is listed on section 8, they will take a non section 8 tenant.