All Forum Posts by: Sam Lewis

Hey Sarah, I recommend Brian Quick and John Hill of HQ Property Management. All of my investor friends use them - they're honest, have low rates, and specialize in Baltimore City and the neighboring counties.

Give them a Google search or PM if you have questions!

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Originally posted by @Bolanle Ogunmakin:

Hi All,

Trying to avoid using hard money lending for as long as I can. Does anyone know of any bank that does portfolio lending in MD (I'm based in Cecil County) or Delaware?

Seconding Russell here. I also recommend Scott. He's great : )

1 Vote

Have you done a BRRRR before? I would consult with some folks in your network who have done one before. There's only so much this forum can help you!

1 Vote

Welcome to the forums @Daniel Edwards! Wholesaling is an easy way to get started with little money at the beginning.

If you are still paying rent, I recommend house-hacking to eliminate your largest expense - which is usually between 30-50% of most people's paychecks.

Househacking is when you purchase a home as an owner occupant (qualifying for a very low downpayment) and renting out individual rooms or the other unit (if it's a duplex).

I used to pay $1000/mo in rent, now I make $1000/mo with my househack and live for "free"

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Originally posted by @Josh Turansky:

I am looking for insights and experiences with turning a Baltimore City single family row home into a multi-unit property. This is our current 3 bdr residence in SE Baltimore and I could make more money converting it to a multi-unit. What is the process? How likely am I to succeed with zoning?

Your best bet is to give the Baltimore City zoning office a phone call. You need to confirm that the house is zoned R2, which includes multifamily

2 Votes

Baltimore, Maryland

I recommend Brian Quick of HQ Property Management. He manages multifamily and smaller apartment complex units, and his fees are extremely low

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Baltimore, Maryland

I recommend Brian Quick of HQ Property Management

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Baltimore, Maryland

Originally posted by @Alan C.:

Someone I know also told me a trick to finding good contractors: Go to the local specialty supply houses like plumbing, electrical, etc. (not Home Depot). Ask the guys behind the counter if they can give you the names of those who buy from them on a regular basis and pay their bills on time. If you can get 3-4 names for each trade, you should be able to find good people. Then you can ask those people who are the good general contractors that they work for.

This is gold @Alan C.

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Alan makes a great point - the blunt truth is because it is so hard to find reputable handymen and contractors, it's going to be really tough to find the best contractors on a public forum

That being said go to local networking events or reach out to people individually in smaller investor-friendly Facebook groups. Ask through a mutual friend and ask around.

Better to have a referral so the contractor you pick has a personal (i.e. social) obligation to follow through

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Originally posted by @Mark Cruse:

Welcome to BP. Congratz to be starting out so young. Awesome.

Echoing Mark this is seriously so true... keep up the hustle!

1 Vote

All Forum Posts by: Sam Lewis

Sam Lewis has started 10 posts and replied 277 times.

Post: What property management companies do you recommend in Baltimore?

Post: Portfolio Lender in MD/DE?

Post: Is this a good BRRR property?

Post: New to Real Estate - Reston, Virginia, DC, Marlyand

Post: Convert Baltimore Row House to Multi-Family

Post: Property Management Companies in Baltimore

Post: Baltimore Property management

Post: Baltimore Rehab Contractor

Post: Baltimore Rehab Contractor

Post: New Investor/Agent in Maryland