All Forum Posts by: Andre McCullough

@andremccullough, if you don't partner with someone on the ground in Baltimore that knows the neighborhoods, and does buy and hold investing in the city, you'll be one of the many people that loses money in the city. I buy places from people all the time for half of what they paid a year before, cause they bought the property for asking and thought it would cost 10K to renovate, when it ends up costing closer to 30k.

Interesting, I will definitely think about that. @Ian Barnes.

0 Votes

I agree with all of you guys, looking at the properties through Trulia, it's very good at showing the high and low crime area's. If i were to do this I would take a flight to look at the property to make a final decision. If purchased I would have property management manage the property be it that I reside in another state.

0 Votes

Originally posted by @Eric M.:

Personally, I think you're better served learning the areas that interest you on your own. Most agents will appreciate working in or searching two to three neighborhoods, as opposed to an entire city. Drive around for a day, check the various websites, etc. You'll probably find that several areas start to become your preferred spots. Bringing an agent in at that time is probably the better choice.

Gotcha, the thing about it is, I live in Houston, what caught my eye about Baltimore was the prices, and the buy and hold opportunities.

0 Votes

Originally posted by @Eric M.:

Baltimore is a nice place for buy and hold, in my opinion, but you need to be extremely careful about the neighborhoods in which you invest. "Avoid the boards," (vacants) as they say. There are quite a few threads on this, and I'd encourage you to search the archives. Best of luck!

Thanks @Eric M, I've seen some good deals, where the properties are not too bad, some were priced right and ready to be rented. The only thing I dont know is the neighborhoods. Do iyou think I should get some insight from an agent in Baltimore?

0 Votes

WOW.. That's what I'm talking about.. It looks AMAZING.

0 Votes

What is YOUR opinion with buying and holding real estate in Baltimore MD.. I have been seeing what I think are decent deals with town homes selling between 25k-$35k. Some properties need some remodeling and some needs major remodeling. What is your opinion or experience in taking that plunge?

0 Votes

All Forum Posts by: Andre McCullough

Andre McCullough has started 1 posts and replied 8 times.

Post: Some "After Pics"

Post: Investing in Baltimore MD

Post: Investing in Baltimore MD

Post: Investing in Baltimore MD

Post: Investing in Baltimore MD

Post: Investing in Baltimore MD

Post: My First Flip: Before & After

Post: Investing in Baltimore MD