All Forum Posts by: Sam Lewis

I am a big believer in living in a property before going through with a non-owner occupied investment. 

I purchased a single family home (4 beds, 2.5 baths, with a finished basement) in Towson, MD. I live here, and rent room by room and cover the mortgage and more. 

Think of real estate as a deep pond with a ton of lily pads to jump on. Aim for a lily pad where you can safely land (and not sink). If your first jump is smooth, you'll be more willing to jump to the next, more advanced lily pad. 

My first home was my baby step lily pad! Now I am a BRRRR investor on town homes in Baltimore County :)

That being said, where can you see yourself living and having roommates? I recommend a location that is within 1 mile of a public university, 1 mile of a private university, 1 mile of a hospital, and 1 mile of a major company headquarters. If you can get 2 out of those 4 you shouldn't have an issue of finding roommates who you wouldn't mind living with.

@Kelly M. can you speak to your experience with investments in the City? 

Fellow investors, I am representing a couple clients on Baltimore County properties to find Section 8 tenants. I have been getting a ton of bites from Baltimore city but am not sure if their voucher is good for a Baltimore County property. 

Can anyone confirm in their experience if this is possible? I am having no luck reaching out to either office.

Thanks so much!

Thanks Jason! I may exit out of my inquiry with them. Do you know if MAFCU would do a property in Baltimore County? Or recommend any other credit unions?

thanks in advance 

I can understand your frustration. There could be multiple factors going on, including the price point not being correct, incorrect information on the MLS, among others. If there is anything I can help with please reach out. I am a realtor and investor in Baltimore.

Read, connect, and keep doing what you're doing. I am an investor and agent in Baltimore - feel free to reach out if there is anything I can help with. 

Yep thats me! 

@Joe Norman brings up a great point. Cash flow is great in the city, especially with section 8 voucher tenants. What's not so great, is the upkeep, variability, and magic eight ball I like to call the Housing Authority of Baltimore City.

Stay in touch if there is anything I can help with.

I have a great Electrician contact in Baltimore City / County. Please shoot me a text or message on here

You seem to have a great head on your shoulders! I am an investor in the greater baltimore area with experience helping clients in Frederick. @Omer Ashkenazi

@Omer Ashkenazi brings up a great point that multifamily is rarity here since deals can be scarce. 

If there is anything I can help with please don't hesitate to reach out.