All Forum Posts by: Jade N.

@Nathanael Rojas Yeah, I'm going to keep reaching out to PMs as I get to know the area. Thank you for the advice!

@Emily Segal Thank you so much for that tip! I will be utilizing that site for all future endeavors.

Hello,

I am new to investing and have been trying to get a handle on the Baltimore market. Would anyone be able to share information regarding the Garwyn Oaks area? I found a property in that area. I know there are better locations like Canton, Federal Hill, etc. But based on my budget, I don't think I can afford it. I called the police precinct to get info on the neighborhood but got nothing. I also called a few property management companies but they don't service that area and don't want to provide info without me actually having the property. I'm wondering if that's a basic red flag or if property managers prefer to remain in the city. How am I supposed to know what a good location is? The block is nice. I spoke to a neighbor. There are no vacants. Yet I am still hesitant. Are there any tricks of the trade??? Any advice would be appreciated ; ) 

Thank you all for your responses. Definitely helps clear it up for me. 

I'm sure this is a simple question, so please forgive me. I used the bigger pockets calc for a potential investment property. It says the property would meet the 50% rule but I don't see where the taxes are included. All I see is the P&I. Would the taxes be calculated with the expense side of things with this rule. Just trying to figure out what my actual cash flow would be. Thanks for any clarity!

@Kyle Deutschmann Absolutely! I appreciate the help!

Hello,

I'm a new investor hoping to find an experienced RE agent who specializes in investment properties. I'm interested in buy and holds in the PG/Arundel County area and multi units in Baltimore. Does anyone have a RE agent they recommend?

Thank you for the suggestion @Ned Carey! I can definitely drive around there since its a focused area. Definitely a good start! So I guess trying to buy the extremely cheap real estate in Baltimore is no bueno? I would still need to stay close to $100k? I turned to Baltimore because of limited start up funds. Would $75k (with rehab) be reasonable to get decent real estate in Baltimore? 

@Ned Carey Is Baltimore a good place for a newbie to start? From what I've read you have to know street by street. I search online regularly but still am not sure I truly know the area. How would you suggest I start? It seems pretty daunting when looking and I can't afford  to make too many [major] mistakes. Any guidance is appreciated. 

@Mark Cruse Hello, I'm new to investing and trying to get started this upcoming year. I am a bit concerned about Baltimore, but am not sure where else would be affordable. For the buy and holds outside of Baltimore, how do you know its a good place to gain renters? St. Mary's county seems like the country. How did you know where to start and why didn't you hold in Greenbelt and Clinton?