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Updated over 1 year ago,
Renting by the Room in Baltimore?
Hey BP,
I'm planning to start investing in the Spring by house-hacking in Baltimore. In running my numbers with different scenarios, renting out a property by room once I've moved on consistently yields the highest return. Although, the property managers, agents, and other investors that I;ve spoken to who are active in this area say that they have not often seen that. My questions are:
1) Has anyone seen/had success by renting a property by the room in A grade Baltimore neighborhoods? (Canton, Fells, Upper Fells, Fed Hill, Butchers Hill, etc)
2) Does anyone see any major reason to avoid renting by the room in these areas?
Thank you and Merry Christmas!
Brad