All Forum Posts by: Christopher Haynes

You should listen to Ned Carey . He's 100 percent right on that , those areas Canton , Fells Point Patterson Park will have good appreciation but it will be a struggle to cash flow , but if your looking in the B to C market with good prices and decent cash flow there are deals to be found almost all over. Try areas like Cedonia , Bel Air Edison , garwyn oaks and Gwynn oaks you usually can get decent prices in decent areas with decent to great cash flow

Allen Herbert if your still looking for multi family's in 21218 I have 2 for sale under 50k

Is it about cash flow or appreciation I have one in Baltimore that I picked up for 45k and it cashflows at 1600 a month . I just picked another one up cheaper needs some work but nothing major I should rent for 750 but I'm expecting little if any appreciation

I'd suggest taking a look at the bel air Edison area and the cedoina area as well as waverly , strong rents and decent prices usually 50k to 120k for something decent

There aren't a lot of duplex here that are like that , it's strange I don't really know the reason why But they cash flow great I have 2 but there both apartments style vs traditional. If by central Baltimore you mean Baltimore city as far as cash flow there great my first one cash flows at 1600 before expenses. The area isn't the best I'd a an A block in a c class area but it's adjacent to an up and coming area so it will come around. I have another like that for sale but I'm sure if I should sell because for the price they cash flow so well

Hey terry , it's amazing that you posted this cause I'm going thru the same thing I'm a Baltimore native so it's a little easier for me to identify arrears in Baltimore city and county vs other areas in md but I'd suggest in the city belair edison ( I'm currently working on a flip there with very similar numbers purchased price 52k Reno 17k and listing price for 139k) and Essex/ middle river and possibly halethrope. Those are the areas I've had some nice success with.I'm a pretty new investor I've only done 10 deals but these seem like safe consistent areas in my opinion. Just always make sure you numbers are good in those areas

I kinda only invest in those types of area , the Two most important things are cash flow and the area itself , Baltimore is really block by block , that makes it difficult to get a good gauge on the area when it comes to area. I have a property on the 700 block of Bartlett in 21218 rented for 950 for a 2 bed room , the next block up on the 600 block there going for 700 it can be hit or miss. I'd suggest getting with someone who know the city well and drive thur the area during the day to get a feel for the area and review the rents . Sometimes these types of properties can be challenging but in the right places they cash flow very well and can be great investments

I'd suggest Belair Edison area strong rents , prices are going up but they aren't crazy like some other areas that make cash flow slim to none

Hopkins area is good but it's extremely block by block (just like the rest of the city) with it getting significantly better the closer to Patterson park, is there a certain reason your looking there? Is it more for rental with good cash flow or more for appreciation

I'd like to know as well I just closed on a property that's zoned r8 that's already separated and metered individually. I've heard conflicting information but I haven't had any issues with the city yet so fingers crossed