NoVa vs Baltimore for Multifamily House hack?

[Tanner Cory]

Hey Bp! I plan on getting started in Rei within the next year or two and plan on staying near dc for my job and was curious on what area is better to invest in NoVa or Baltimore. There is not alot of multifamily homes to choose from in the area I need to be in that or under 500,000 And Baltimore has the most multifamily homes that I can see in the area. I am 19 and still saving for my first property so I have time to plan but Rei is still new to me so any advice is needed and very appreciated!

[Sara Frank]

Welcome to BP, Tanner! I agree with Ned and Russell, there are advantages to each city but I'm partial to Baltimore for the lower entry point. I actually bought my first home here in Baltimore because I was priced out of DC. I rent the extra rooms in my house and it makes me living expenses essentially zero. IMO, as a beginner in REI, it's all about reducing your expenses so that every penny can go to saving for your next investment.

Hope this helps and good luck