All Forum Posts by: Bendrick Smith

@Ozzy Sirimsi and @Yannik Cudjoe-Virgil thanks for the knowledge of the area. 

@Solomon Morris appreciate to info. I actually seen a few in Patterson as well. This wknd I plan to ride around and examine the different areas I have interest in. 

@Solomon Morris Where did you buy your first property in Baltimore? If you don't mind sharing 

@Nat Rojas 

• Have you reached out to your Real Estate Agent for information on the neighborhood?

Honestly my experience with Real Estate Agents in B more has been a disaster. The initial introduction start out great and goes down Hill from there. Currently I just have an wholesaler sending me deals and I just research those on my own. More work for me but at least I can actually get listings and the wholesaler responds fairly quickly.

• Drive through the specific street to see the quality. Clean? Trash on the ground? Boarded houses? etc.

I do plan to drive through the area this wknd and actually take a look at the property. After, my own personal examination I will decide rather I would like to move on with the process and get the property appraised.

• Crime maps on various sites (trulia, for example).

Haven’t looked at the crime rate just yet because I just started to research the area. Baltimore City as whole is a high crime City. Some areas more crime than others but like most say there is crime directly on the next block. Though I know there are some areas in Baltimore with way less crime but of course they’re more expensive. 

Thanks @Solomon Morris I plan on driving through this weekend 

Hello Everyone,

My name is Bendrick Smith.  I been a memeber of Bigger Pockets for sometime now and I’ve soaked up a lot of knowledge during my time here. Looking to purchase my first investment property this year. 

I currently live in Northern VA area but I can't afford any buy and holds/flips in my area. So I been eyeing the Baltimore area because a couple of my colleagues own property there. The rental income they are receiveing sounds unbelievable.

I’m currently working with a wholesaler to find me a deal. There is one on the table that I’ve inquired about but I haven’t seen the property yet. Does anyone know anything about the Sheridan Ave area in Baltimore? 

The asking price for the property is 50k but can rent anywhere  from $900 to $1050. No work needed. New furnace, Kitchen, and roof.