All Forum Posts by: Martins Francis

I want to sat 'BIG' Thank you to everyone who contributed to this fora. After careful review, deliberation and taking into consideration all of your comments, We took a bit more time to save up and recently closed on a duplex in Eckington DC, which was way what we had budgeted for initially but will pay off in the long haul. It was a 3 bedroom 2 bath (which we converted to a 4 bedroom 2 bath for more rents possibly) and a one bedroom lower unit.

I would to connect with more investors in this market to learn more about best practices and strategies and more importantly be of help to them as they may need. Please free to reach out if you need more details about my process.

Thanks you once again!

@Ozzy Sirimsi thanks for this insight

@Tim Jacob thanks for your comment. I have been working remotely since covid and plan to continue this way for the foreseeable future. As such commute is not a major factor for me as much as cash flow and appreciation.

@Matthew Shultis thank you for the insight will certainly put those neighborhoods as high consideration in my search

@Russell Brazil thanks Russell

Hi BP family,

This is my first post on BP, so please bear with me if am not clear enough but I do my best.

I am looking to buy my first property and I want to do right as much as possible but I am torn between buying 4 unit in Baltimore or a duplex/SF in dc. I work in DC but live in Bethesda,MD which is basically 20mins away from DC. My maximum budget is $650k. After speaking with an agent and explaining my house hacking strategy to him he explained that Baltimore will be the best option for my price range if I want to get a 4-unit where I can live in one and rent out the 3. In DC I wouldn't be able to get good properties in good locations for that price except I want to settle for a duplex or a large SF which would not result in cashflow. I am not opposed to Baltimore but I have heard lot of unexciting stuff about that market and would not want to experiment.

As such I would appreciate suggestions/counsel/advice from bp experts who are familiar with both markets and help guide me.

I look forward to hearing your thoughts!!

Thanks.