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Updated almost 4 years ago on . Most recent reply
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Baltimore real estate
Is the Baltimore area good for investing what are the rents like?
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Hi Micah, welcome to BP. You might not like this answer, but in my life, I've found that the best way to learn something is to try to research it myself first. I might be able to entirely learn the thing on my own with the power of the internet. But at the very least, I give myself the background to ask focused questions, as coming up with good questions is much more important (since it's easy to find answers). Can you tell I used to be a teacher?
Your question is vague. Baltimore is a great market for cash flow but has poor appreciation. Like any major city it has good areas and bad areas. Even as I try to answer your question I can't. It varies. A 1/1 in mount vernon will rent for 500-700. A 3/1.5 in Fells will rent for 2000. Spend some time on Zillow to look at the rental estimates to get an idea (those estimates are not very reliable, but they're something). There are many opportunities in Baltimore to cash flow positively, if that's what you're asking.