All Forum Posts by: Eli Krav

I would bring an additional point since I invest in different areas in Baltimore and have a few rentals as well. It depends on what specific area you are looking at but honestly Baltimore prices can be so low that it feels like it hasn't appreciated much in the last 3/5 years (with the exception of high end areas like Canton, Federal Hill, etc.) because so much of that market is rentals (cashflow vs appreciation). What I'm trying to say is if you buy something today and we get moderate appreciation or depreciation in the next 3/5 years we are probably still talking about $15K to $25K give or take so why not buy now. On top of that Baltimore is great for rentals so buy now and when you are ready to move then rent the place.

Honestly that does sounds like a great approach, and I wish I could implement it. They only thing is, we’re hoping to buy near our family and friends in the Pikesville/Greenspring area which seems to have appreciated pretty significantly during the past few years. Availability is also pretty tough these days. Any other location-specific recommendations is super appreciated!

0 Votes

Baltimore, Maryland

Quote from @Tim Deimer:

Unfortunately, multi-family homes aren't really available in the community where we want to settle down, so that's not an option.

Exactly :)

0 Votes

Baltimore, Maryland

Quote from :

- consider focusing on a SFH for yourselves - if you can make this work - you will gain experience and then keep eyes open for opportunities in the future

Hey all, thanks for the responses and insights!

1 Vote

Baltimore, Maryland

Hi all,

My wife and I will be moving to Baltimore, MD this summer after some time spent overseas. We were looking at renting a 2 bdr 2 bth for ~$1500 a month when I realized it might make more sense to buy a place. Because we want to start a family, we will probably outgrow a two bedroom in the next 3-5 years.

We have some savings tucked away including ~50k ready to be invested, and another ~$40-50k invested in various portfolios using robo-advisors (stocks aren't my thing). I am interested in building my own real estate portfolio when we move back. Unfortunately, multi-family homes aren't really available in the community where we want to settle down, so that's not an option.

In short, my question is: If we'll be in our next home for 3-5 years, is it worthwhile to rent or buy?

We could rent and invest our savings in a multi-family house to rent out on the side. Or we could buy a place for ourselves, and after 3-5 years we could buy a new place and either flip the first place, or rent it out after we move out... If we buy, is a single-family starter home a better or worse investment than a condo? Would one of those have better resale/rent value after we move out?

So many questions :)

Any and all insights are appreciated, thanks everyone!!

0 Votes

Baltimore, Maryland

All Forum Posts by: Eli Krav

Eli Krav has started 1 posts and replied 4 times.

Post: Buy or rent? (3-5 years)

Post: Buy or rent? (3-5 years)

Post: Buy or rent? (3-5 years)

Post: Buy or rent? (3-5 years)