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Updated about 9 years ago on . Most recent reply
Inexpensive Suburbs of Baltimore, Maryland?
I moved to Baltimore city a year ago and I'd like to start investing in some parts of the suburbs. I'm targeting multifamily homes between 2-4 units for a long-term hold.
I don't have a ton of cash starting out, so I'm primarily looking for a cheap area right now to get my feet wet. Does anyone from the Maryland / DC area have tips about towns/cities to check out?
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I would not get too caught up in looking for 2-4 unit properties. The DC/Baltimore area has a severe lack of 2-4 unit properties compared to other major metro areas. Also due to the low supply of them, demand for them is high. If one comes along that fits your criteria great....but if one doesnt...you may be waiting a long time to jump into the market then.
- Russell Brazil
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- Podcast Guest on Show #192
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