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All Forum Posts by: Ryan Greenberg

Ryan Greenberg has started 8 posts and replied 15 times.

Post: How we MAKE deals happen in Baltimore during a pandemic

Ryan Greenberg
Pro Member
Posted
  • Investor
  • Baltimore, MD
  • Posts 16
  • Votes 12

We have had a really hard time finding deals recently since the pandemic. My partner and I started a construction and property management company back in 2017 that now focuses on finding projects that other investors are scared to do. Here are some pictures of a recent project we started.

These are two side-by-side Baltimore city row homes that have been vacant for quite some time. There was large trees growing what was once the inside of a home. The structure was being held together by old rotting joists, some sketchy early 1900s masonry and a large tree.

We started to demo what was left while bracing the wall in the middle since there was nothing really holding it up. After we started to demo the existing plaster the bottom of the house started to crumble. Here are some pictures of the bracing we are doing while we build the brick from the bottom while keeping the existing brick in place. All of this work is being done while consulting with a licensed structural engineer. 

We are doing the masonry work to about 8 foot sections of wall, waiting for the mortar to dry, then installing joists to that section. After the masonry work is complete we will be framing out an interior wall to add extra support. 

Stay tuned for updated pictures of this project.

-Ryan Greenberg 

Post: Best cities to find 1% (or more) rule

Ryan Greenberg
Pro Member
Posted
  • Investor
  • Baltimore, MD
  • Posts 16
  • Votes 12

I am an investor in Baltimore MD and all of my rentals hit the 1.5% rule and some all the way up to 2%. If anyone has any questions about our market feel free to reach out! 

Post: Property management question

Ryan Greenberg
Pro Member
Posted
  • Investor
  • Baltimore, MD
  • Posts 16
  • Votes 12
I am about to take on management responsibilities for a few properties for an out of state investor. I have already looked up the laws in my state ((Maryland) and I do not need a broker or a license. My question is what are the pros and cons of doing this under my personal name versus an LLC? What kind of liability am I protecting by starting and paying for a new LLC. I will be the sole owner/operator! Thanks in advance for your help BP community!

Post: How important are....

Ryan Greenberg
Pro Member
Posted
  • Investor
  • Baltimore, MD
  • Posts 16
  • Votes 12

I am flipping a house in Baltimore and wondering peoples thoughts on details like crown molding, garbage disposals, and exposing/repointing brick. Material costs are adding up and trying to cut some corners. The property ARV is around $220k

Post: New member, Baltimore MD

Ryan Greenberg
Pro Member
Posted
  • Investor
  • Baltimore, MD
  • Posts 16
  • Votes 12

New member interesting in learning and involving myself with the local real estate market.