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Updated 2 days ago on . Most recent reply

David Ojo's profile image
David Ojo's profile image
David Ojo
  • from Maryland
  • Member since Aug 14, 2024
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David Ojo's profile image
David Ojo's profile image
David Ojo
  • from Maryland
  • Member since Aug 14, 2024
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David Ojo
  • Maryland
19
Votes |
39
Posts
Real Estate Deal Analysis & Advice

Baltimore BRRRR (First Project)

David Ojo
  • Maryland
Posted

Investment Info:

Townhouse buy & hold investment in Baltimore.

Purchase price: $85,000
Cash invested: $60,000

My initial strategy for this deal was to flip it and sell it, but the market was unfavorable so I opted for the BRRRR strtategy instead. Currently cashflowing $400.

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Chandon Floyd's profile image
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Chandon Floyd
  • Rental Property Investor
  • from Baltimore, MD
  • Member since Jan 2, 2020
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Chandon Floyd's profile image
Chandon Floyd's profile image
Chandon Floyd
  • Rental Property Investor
  • from Baltimore, MD
  • Member since Jan 2, 2020
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Chandon Floyd
  • Rental Property Investor
  • Baltimore, MD
1
Votes |
4
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Chandon Floyd
  • Rental Property Investor
  • Baltimore, MD
Replied

Nice! I'm from Baltimore as well and looking to acquire my first property. If you don't mind me asking what made market conditions unfavorable for you.

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