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Updated over 4 years ago, 08/20/2020

Account Closed
  • New to Real Estate
  • Baltimore, MD
6
Votes |
7
Posts

Newbie looking to House Hack in Baltimore

Account Closed
  • New to Real Estate
  • Baltimore, MD
Posted

Hello everyone, I wanted to introduce myself to the BiggerPockets community in the Baltimore area. My name is Anthony, I am 24 years old and very new to the world of real estate investing. I have been trying to absorb as much information as possible this past year through podcasts, books, webinars, etc., but realize I still have a lot to learn.

I am currently renting in the city (Mount Vernon), but am looking to purchase my first house hack for 150k or less, next year when my lease ends. I was planning on purchasing a single family home and using the “Rent by Room” strategy. I was curious to know others thoughts/experiences on the feasibility of doing a house hack in Baltimore at this price range. I realize I will probably have to scale back my lifestyle/comfort a bit, but am willing to do so for the financial benefit.

Also, I would love to hear others thoughts on particular neighborhoods to look into and/or general tips for someone just starting out. Am I crazy for wanting to do this with everything going on right now? Is there any local RE meetups in Baltimore? Any advice, comments, or questions would be greatly appreciated!

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