Local Real Estate Networking
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago,
Baltimore Rental Property Investing
Task:
To buy and hold rental properties, likely also including the Section 8/ Housing Choice Voucher Program (HCVP), to creat a cash flowing portfolio in Baltimore, MD.
Challenges:
1.) Finding a reliable real estate agent who’s familiar with the area and comfortable doing several cash deals within the following criteria...
- Property acquisition ~$20k
- Rehab ~$15k
- Rents for $1,300+/month
2.) Finding a reliable contractor who’s familiar with what it takes to rehab a property and get it up to Section 8/ HCVP code.
3.) Finding banking institutions who will refinance a cash flowing rental property without needing to see six months of performance.
Solutions:
Let’s discuss it...