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All Forum Posts by: Michelle Mitchell

Michelle Mitchell has started 1 posts and replied 6 times.

Post: Warzone Properties...why purchase them

Michelle MitchellPosted
  • Posts 6
  • Votes 0

I was not sure about that Danielle. For sure when it's selling time. My plan is to move into an apartment, put my extra stuff in storage and give the keys to the Realtor hoping for the best and highest selling price. 

Thanks for your response, Danielle!

Post: Warzone Properties...why purchase them

Michelle MitchellPosted
  • Posts 6
  • Votes 0

Thanks, Joe!

Post: Warzone Properties...why purchase them

Michelle MitchellPosted
  • Posts 6
  • Votes 0

Thanks for your comments, Jay.

Post: Warzone Properties...why purchase them

Michelle MitchellPosted
  • Posts 6
  • Votes 0

Thanks for your comments, Theresa. I would be using the proceeds from the sale to purchase another property unless my savings catch up first!

Post: Warzone Properties...why purchase them

Michelle MitchellPosted
  • Posts 6
  • Votes 0

Thanks, David. I will take your comments into consideration. 

Of note, currently, I am living in the house and renovating at the same time. Also, I enjoy saving money on renting. 

Finally, if I sold the property I would purchase another one but in a better neighborhood and flip it.

Post: Warzone Properties...why purchase them

Michelle MitchellPosted
  • Posts 6
  • Votes 0

In 2017, I purchased a bank-owned property through an auction not knowing it was in a warzone area. A place where drugs and crime are high. Baltimore city has chosen this area to renovate. Lately, a lot of investors have been calling and texting me. I am wondering whether to take them up on their offer. What do you think I should do? Buy and hold or cut my losses. Again, Baltimore city has been renovating this area but crime is still rampant. Thanks in advance for your advice. #myfirstinvestmentproperty #strikingitrichsomeday