All Forum Posts by: Erin Dorsch

Hi Sandy! I agree with everyone above for areas to look for a buy&hold. 

Another thing to consider is the out-of-state tax, I'll attach the link to the gov website below. But here's the important part -- "For a nonresident individual, the payment is 8% of the total property sale payment made to the individual. A nonresident entity must make an 8.25% payment."

https://www.marylandtaxes.gov/...

Definitely something to consider with your numbers! PM me if you have any questions!

Hi Elise, welcome to BP! If you haven't read Think and Grow Rich by Napoleon Hill, I highly recommend! 

If you need any help locally, don't hestitate to reach out!

Hi Kyshawn, welcome to BP! I'm an agent and investor, please reach out if you ever have any questions or need help with anything!

Welcome! Happy to connect!

Dundalk is a great market, in my opinion, for LTR due to its proximity to the city while still being zoned for the county. I have an LTR there. I definitely think you can find something for 175k-200k in that area that's in decent condition!

Hi Samuel,

I agree with Nick above. Learning the market and practicing analyzing deals will help prepare you for your move and will give you the confidence and knowledge to make the best investment. 

I am a local Baltimore agent and investor, so if you ever have any questions about the area or market, I'm here to help!

Hi BP! I found this website about an hour ago after I purchased The Book on Rental Property Investing by Brandon Turner. My mom, best friend, and I are trying to get into rental property investing and are researching where to start. We are compiling resources and contacting as many people as we can that are already in the industry to gain insight and build our network. Our current favorite person we follow and use to learn is Doug Depte, any recommendations of similar investors to follow would be appreciated. We are having trouble figuring out exactly where to start so any advice is welcomed!

Thanks for reading, excited to be on BiggerPockets and to get started investing!