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All Forum Posts by: Mike Webb

Mike Webb has started 43 posts and replied 267 times.

Post: Investing in Frederick MD

Mike WebbPosted
  • Real Estate Investor
  • Hagerstown, MD
  • Posts 276
  • Votes 107
Sabrina Savinski - Hillcrest is an area that has a stigma, FYI. Not sure how familiar you are with Frederick but just wanted to throw that out there. With that said, it commands a decent rent for what you can get a property for. There is a strong push through the Golden Mile Alliance to re-develop the West End of Frederick (where Hillcrest is located). Most recently, WAL MART just pulled the plug on their plans to build a store on the site of the Fredericktowne Mall. This has left some of the plans of "change" in that corridor in limbo. If you have any specific questions I would be happy to try and help. Mike

Post: Rental Properties in Pittsburgh PA and Frederick MD

Mike WebbPosted
  • Real Estate Investor
  • Hagerstown, MD
  • Posts 276
  • Votes 107
Amy Chen - how did you arrive at these two locations to invest? Just curious. I used to own a few properties in the Lawrenceville section of Pittsburgh. Have since sold those and now invest in the Hagerstown/Frederick areas. Would be happy to chat about what has and hasn't worked to help anyway I can. Mike

Post: newbe to the MD and DC real estate market

Mike WebbPosted
  • Real Estate Investor
  • Hagerstown, MD
  • Posts 276
  • Votes 107
Lee Culver - I have evaluated them. Yes, they are lower. I find most things are relative though. I only get $1865 a month in rent but I'm all in on the property (2 units) for $100,000. For me, it works out around Hagerstown but the appreciation game is way less than DC.

Post: Can I help you? For helping me? *Novice*

Mike WebbPosted
  • Real Estate Investor
  • Hagerstown, MD
  • Posts 276
  • Votes 107
Lorenzo Hatten welcome to BP. I can't say that I'm an expert but I would be happy to discuss what has and has not worked for me. Feel free to email, call, text or message me and we could grab coffee or lunch some time. Mike

Post: newbe to the MD and DC real estate market

Mike WebbPosted
  • Real Estate Investor
  • Hagerstown, MD
  • Posts 276
  • Votes 107
Lee Culver have you considered looking in the Frederick or Hagerstown markets to find properties meeting your size criteria? These types of properties are plentiful a little further up I270.

Post: Building a Network in Frederick Maryland

Mike WebbPosted
  • Real Estate Investor
  • Hagerstown, MD
  • Posts 276
  • Votes 107
Judah Houser congrats on taking a deal down. Old Towne Title is good...I have been involved in several transactions with them and have had no issues.

Post: Looking For A Mentor In Maryland

Mike WebbPosted
  • Real Estate Investor
  • Hagerstown, MD
  • Posts 276
  • Votes 107
Brian Kolb - like Christina R. said, HUB City REIA is a good place to possibly locate a mentor. I've heard the Fredrick and Gaithersburg (or Germantown - can't remember) Meet Up are really good too. Honestly, some of the best connections I've made have been from BP. If your ever up in the Hagerstown area or want to grab lunch or coffee in Frederick, let me know! Best of luck. Mike

Post: New guy from Frederick, MD

Mike WebbPosted
  • Real Estate Investor
  • Hagerstown, MD
  • Posts 276
  • Votes 107
Jed Spencer welcome to BiggerPockets. I'm in the Frederick and Hagerstown area. Let me know if I could be of any help or if you want to grab lunch sometime.

Post: We Have Wholesale Deals! DC, Maryland, and Virginia.

Mike WebbPosted
  • Real Estate Investor
  • Hagerstown, MD
  • Posts 276
  • Votes 107
Chris Jackson I have a couple in the Hagerstown area right now available. Shoot me a message with your buying criteria and I can try and send something that meets your needs over.

Post: Looking at West Virginia Real Estate

Mike WebbPosted
  • Real Estate Investor
  • Hagerstown, MD
  • Posts 276
  • Votes 107
Welcome to BiggerPockets. I just picked up a single-family in Charles Town for rehab. Not wholesaling this one but that area is up-and-coming. We pick up properties in the Berkeley County and Jefferson County areas. If you let me know your criteria, I can try and pass something on to you. Best of luck and look forward to speaking with you.