All Forum Posts by: Michael Kissi

It's being headed by a gentleman called Christopher King and I believe Lola Thompson. I don't have much experience with them however. I saw them walking the streets around Mondawmin in Baltimore on Monday. I'm not sure i'm allowed to post their website but it's easily found by google. 

I was in a similar position when I purchased my first home in Baltimore and had never heard of ground rent. I initially thought it was a scam when the leaseholder showed up 2 years after I had closed on the house. He only collected the current year and I've been paying every year since. I considered redeeming it but the numbers don't make any sense so I just send a check every year. 

Thanks @Chrissa Carlson for your thoughtful reply. I agree with you about removing emotions from my analyses and looking at this from a numbers point of view only. Would a reasonable first step be to engage an investor-friendly RE Agent who could advise on selling vs renting? I'm also thinking it would be wise to do the Baltimore city rental inspection as well to see what, if any work is needed to bring it up to rental standards. 

Do you have a recommendation for an inspector or agent? 

Also the meeting I was planning to attend has location TBD and it's hosted by the DMV-Real Estate Investors Meet Up group. I'm not sure it's the same as your BWI group but it would be nice if it was. At least I'd "know" one person. I also found a meeting which is 5 minutes from my office around lunch time tomorrow so I may head out to that too. 

Hello! I've been lurking on this site for quite sometime and finally signed up and decided to introduce myself. I work in IT and have a retail business that afford me some cash-flow but it's obvious that Real Estate is where it's at and that I need to get good at this. There is so much great advice on this platform that it's quite overwhelming to actually settle on the best way to begin. I challenged myself in June to buy one property this year and that hasn't happened so this is my public challenge to make it happen. 

I currently live in a 950sq ft, 3/1 house I purchased as a foreclosure about 4 years ago. It has no mortgage. The previous owner did a lot of renovations without pulling permits so it is actually listed as a 4/1. I did a lot of the renovations myself and learned a lot but I now know that this is not the best way to use my time. My family will grow in the next 6 months so my plan is to purchase a new property for myself and rent my current home out. I'm not sure this is a good plan because my searches have emotion behind it instead of just plain analyzing the numbers. 

I've signed up for a bunch of meetup groups and plan on attending a meeting tomorrow to network and hopefully learn from the pros. I'm also interested in connecting with fellow Baltimore/DMV investors and will be interested in volunteering my time/knowledge(however small) to a professional in exchange for guidance and a chance to learn. I'm a very fast learner, extra motivated and handy with my hands. If anyone in Baltimore needs some free help or wants to partner up on a deal, I'm down.