New investor in Baltimore area

[Cody Moll]

Hello! My name is Cody and I am a semi new investor looking to invest out of state in Baltimore, Maryland.

I am currently living in Denver, Colorado and quickly learning that I am being priced out of the real estate market. I have family in Baltimore and was curious are there any investors in the area who I can start talking with and learning the area. Thank you!

[James Carlson]

@Cody Moll

Do you already own a place in Denver? If not -- at the risk of sounding-like a self-serving real estate agent -- I think it's always a good idea to buy a place where you will live. You've got to live somewhere. Might as well build equity. And if you can get in at all, the long-term appreciation potential of Denver is really strong. Besides, I think you should learn hands-on with your first home purchase. If your first one is in another state, then you're hiring a property manager to do everything for you, and you don't get your feet as wet. 

If you want some sort of rental component to your primary residence, you can always house hack with a rent-by-the-room model or find a place with a basement apartment or carriage house out back. 

My two cents anyway. I wish you luck!