All Forum Posts by: Kyle Davis

We’re thinking of purchasing a vacation house at / near the beach in Delaware (Bethany, Rehoboth etc). I have a handful of long term rentals here near home, but unsure who we’d use to manage our short term rental (this beach house). Are there vacation rental company’s, property managers etc anyone you can recommend?

Thank you!

Let them know to keep paying their rent

Anyone out there still maintain a full time W2 job while starting to sell real estate part time on the side?  If so, how has your experience been with this?  Thank you! 

Seeking an agent that can help find and facilitate the purchase of residential investment rental properties in Maryland for me. I’m an active investor and routinely search for and put offers in on homes. Any referrals or recommendations on an agent would be appreciated. Thank you!

Seeking a company in the Baltimore area that requires 80% or less LTV when doing a cash out refinance deal. Looking to pay for a property all cash via heloc and local lender is saying I need 70% LTV

Any longer term, seasoned investors out there, I have one question.  Can financial independence from cashflow on your properties be achieved just under a decade (9 years)?  Assume your monthly net cash flow goal was $15,000/mo...is this possible?  If so, how have you or how would you do it? 

What are your BHAGS (big hairy audacious goals) for 2018?!?  Are you new to real estate investing or a seasoned investor?  How many new rentals do you want to add to your portfolio?  How many flips do you want to tackle by end of the year?  How much passive cashflow do you hope to achieve by years end to get you closer to financial independence?   What is your ULTIMATE, final goal you plan to achieve? 

I'd love to hear what other BP members have their sights set on for 2018.  Ready, set go!

@Vina Real No worries, best of luck on this potential deal.

@Ola Dantis How much of a buffer around Patterson Park have you seen/heard being sufficient?  I know just south and west, your in Canton, a great area.  How much north or east have you heard of going from Patterson Park and still being in a somewhat stable rental area?  Thanks for the info on the other parts of town, much appreciated. 

Thank you all for the info, much appreciated.  I'm just starting out, so I'm looking for near rent ready properties in the $50-$120k range.  I'm open to Sec8, I have a 2 unit currently that one of the tenants is Sec8.  I'm in it for the cashflow, appreciation isn't a huge driver for me at the moment.  

@Ned Carey Thanks for the info, I'm actually looking at one property in that area.  I'm a bit hesitant due to the location, however, your thread has given some added assurance.  

@Eric G. Thank you for the elaboration and info.  When you say east side of town, which areas are specifically referring too?  I'm born and raised Baltimore, I feel that I know the areas pretty well.  However, being new to RE investing, I'm working to get a better insight on the best/worst rental areas in this market.  I try to purchase near rent ready properties in the $50-$120k range and shoot for as close to the 2% rule as possible when it comes to monthly rents. 

Curious to hear from any Baltimore investors, what parts of town your investing in for long term rental property. Are you investing for cash flow or appreciation?