All Forum Posts by: Andy H.

I'm a novice, but I was curious to see what multi-unit properties are available in PG county and at least based on Redfin, I didn't see any "multi-family" units.  Are there some not listed on standard websites like Redfin?  Or are you looking at more commercial multi-unit properties?

@Ika Sargeant thank you.

@Mark Cruse thank you

Hello, never invested in any RE before. Looking to buy and hold in Maryland—Have seen many posts about the DC area on Bigger Pockets.

PG county comes up frequently—but schools in PG aren’t great. I often see what seem like better deals in Waldorf just south of PG county. Too far away from DC?

Mainly wanted to ask about Germantown. Seems like a decent place to invest as the home prices are lower, schools are decent, and easy access to highways/DC/etc.

Any advice or thoughts would be much appreciated. Thank you!!

@Russell Brazil  Thanks again! Makes sense now...Appreciate your time.  

@Russell Brazil Thanks very much!  What you say about operating costs makes a lot of sense.   By Price-Rent Ratio, do you mean:  Purchase Price of House/Annual Rent Income (this number doesn't jive with 0.6%), or is it being defined as something else?  

Much appreciated.

Thanks everyone for the advice!

Thanks for your help Brie. Is there another quick rule of thumb that I can use instead to help me with >100k SFH properties? Want to be able to rule out bad deals quickly and potentially rule in other deals for a more detailed analysis.

Hi Everyone!  Newbie here...I am looking into Buy and Hold properties  and am trying to start with a single family house.  

I’ve been comparing House listing prices on Zillow and other websites with nearby rental rates for similar houses. When I do this, not a single property seems to meet the 50% rule in the DC suburbs (Maryland)...is that due to the location? The market? Or is it a problem with the way I am calculating things?  Maybe I just need more patience to find a deal?

Happy to be a part of this forum and to learn from you all.  Much thanks in advance.