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All Forum Posts by: Account Closed

Account Closed has started 21 posts and replied 1305 times.

Post: New Member/Investor | Baltimore, MD

Account ClosedPosted
  • Investor
  • Baltimore, MD
  • Posts 1,368
  • Votes 688
Welcome to the jungle.....good start on location potentially, as long as the numbers work.

Post: 469 square feet of rental house Baltimore, MD

Account ClosedPosted
  • Investor
  • Baltimore, MD
  • Posts 1,368
  • Votes 688
Where in baltimore is this house? Street? Zipcode?....why would you buy a place that small? Rent and renters must be limited for such a space, regardless of area.

Post: Use and Occupancy Permits Baltimore City

Account ClosedPosted
  • Investor
  • Baltimore, MD
  • Posts 1,368
  • Votes 688
Many questions to answer there. Start by calling zoning at baltimore housing about whether your house is a legal 2 unit. If not, ask them what needs to be done to accomplish it. If so, ask if any documentation is required to continue as such. Deal with whatever that brings. Pull the u and o when everything in the place is done, get the u and o inspection done and pass. get your lead certs done. Register the property. And Don't bring up modifications. You cant say what was or wasn't done factually, because you didn't witness it, which is a good thing. That is your answer to anybody from baltimore city, and it is accurate. Let the city tell you. They have a mission to squeeze as much money out of you as possible, don't help them.

Post: BEWARE of Scamming/Misleading People

Account ClosedPosted
  • Investor
  • Baltimore, MD
  • Posts 1,368
  • Votes 688
Trust motives, not people.

Post: Converting SFH to Multi in Baltimore

Account ClosedPosted
  • Investor
  • Baltimore, MD
  • Posts 1,368
  • Votes 688
The answer is very difficult. Baltimore does not like conversions. Call zoning, on fayette st. Ask them

Post: Abandoned Boat on Property

Account ClosedPosted
  • Investor
  • Baltimore, MD
  • Posts 1,368
  • Votes 688
I just had this happen at an eviction, oddly enough...guy i evicted for not paying rent left me a 5k boat on property with trailer. Complicated issue. You have to get title to sell it. In md, that meant waiting 180 days, newspaper ad, than court to get ownership. As far as leaving it on my property? Could always have it removed, then charge them fees to do it in the meantime...of course getting those hauling fees reimbursed is another story entirely

Post: New investor in Maryland getting ready for my first deal

Account ClosedPosted
  • Investor
  • Baltimore, MD
  • Posts 1,368
  • Votes 688
Any area where people purchase finished houses is a good area to do a flip. These areas are pretty much everywhere people live. More important question, how does one find a deal?

Post: Flip in Baltimore City/County, MD for under $75,000-Which areas?

Account ClosedPosted
  • Investor
  • Baltimore, MD
  • Posts 1,368
  • Votes 688
75k all in = rowhome/townhouse = purchase around 30k. Sell around 125. Where to find? Baltimore city. Maybe not the worst of baltimore, but forget "safe"

Post: Up to $25,000,000 (yes 25 million) to invest

Account ClosedPosted
  • Investor
  • Baltimore, MD
  • Posts 1,368
  • Votes 688
Two words...lottery tickets...you're welcome

Post: Newbie from Baltimore, MD

Account ClosedPosted
  • Investor
  • Baltimore, MD
  • Posts 1,368
  • Votes 688
I used to live in parkville. I cant understand the obsession everyone has with "pappas", food is below avg. On the flipside, original steakhouse is the ****. I argue that the proximity to the power lines is what makes the steak great.