My name is Anil. I recently moved to Maryland from Florida (where real estate was really cheap) for a new job two years ago. I purchased my first rental property in central Florida at the start of 2012.
I am closing on an additional property in Florida within the next month. I have a primary residence in Maryland (between Baltimore and D.C.) and I would like to obtain a couple flips in Maryland or possibly purchase a duplex as a rental. I believe real estate prices here are too expensive to do anything more. I am not too familiar with real estate in the Baltimore area where I have seen incredible deals. I have a dream of owning 10 properties free and clear (maybe over the next 10 years) with the hope of one day upgrading to a small apartment complex or mid-range hotel. Then I can really quit my day job!
I stumbled on the site while looking for residential leases and tenant screening programs for my first rental. I luckily found many useful tools (Smart Move) and knowledge on BP. I was also thinking of upgrading to the BP Pro membership. Still figuring out if I should or not.
I am looking to become more of an active long term real estate investor (I have been investing in stocks since the age of 17) and I would like to join the Mid-Atlantic REIA. I am looking for potential partners for the long term or short term to invest in Florida or Maryland. Either financing deals or advising on flips. Ideally I would love to meet up with investors nearby that share a similar mentality as me (different is o.k. as well ). I look forward to learning from all of you!
Also, have any of you had problems using funds in your business account for closing costs if the account was only open 30 days ago?
