Originally posted by @Account Closed:
What neighborhoods in Baltimore would you target? I'm looking for something that's a mix of appreciation and cash flow. Thanks for the info!
Hey Chris, I'm looking at the fed hill, canton, and fell's point neighborhoods. These are the nicer and more competitive areas. Hampden is another good one, slightly lower grade, but an up and coming area. Other's to consider are mount vernon, bolton hill, and Little Italy. Can be good rental areas, but maybe less appreciation.
Baltimore can be competitive with investors but there are a lot of great properties for cash flow and hopefully appreciation over time. Most of the big time flips are snatched up quick with cash, gutted and renovated.
As i'm sure you've heard, if you're not familiar with B-more you have to be VERY careful. Areas change quickly from block to block. No neighborhood is without its own rough parts. You really need to know the areas or have feet on the ground there. The goal is to get on the edge of an up and coming area.