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Updated over 4 years ago on . Most recent reply

User Stats

105
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41
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Julie Hassett
  • Rental Property Investor
  • Glen Arm, MD
41
Votes |
105
Posts

Why are people so hot to buy in Belair Edison (Baltimore 21213)?

Julie Hassett
  • Rental Property Investor
  • Glen Arm, MD
Posted

I own a property on Pelham Avenue in Belair-Edison. It's a neighborhood inside the 21213 zip code of Baltimore.

When I see property listings for other townhomes in Belair-Edison, the neighborhood is referred as "world-famous belair-edison neighborhood" and other such lofty phrases.

I get a postcard, text message, phone call or direct mail about once a week with offers to buy it from me.

I also own two properties less than a mile from there in 21214, which I get exactly zero calls on.

So, I'm wondering... why do investors want into this neighborhood so badly? What do they see happening there over the next 2, 5, 10 years?

Maybe I'm lacking vision, but I just can't fathom anything major changing in the area that would suddenly turn these places into goldmines.

I'd love to hear your insights if you have any. Thanks, BP.

Most Popular Reply

User Stats

1,611
Posts
775
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Ozzy Sirimsi
  • Real Estate Agent
  • Baltimore, MD
775
Votes |
1,611
Posts
Ozzy Sirimsi
  • Real Estate Agent
  • Baltimore, MD
Replied

@Julie Hassett

Personally, I am not kinda of an investor who sells a good cash flowing house just because price is high and I can buy it again when market goss down.

I am in it for the long term so I dont really care about if it is high or down as ling as it cash flows well and I am happy about it.

There are many others who sell high and buy low when times comes.

It is kind of personal preference, not only one answer works to that question.

  • Ozzy Sirimsi

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