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Investment Properties in Baltimore : Real Estate Advice

  • All669
  • Local Info58
  • Home Buying236
  • Home Selling28
  • Market Conditions21

Activity 13
Tue Jan 24, 2017
Malcolm Lawson answered:
So you are looking for an investment property with two units you can rent? Are you looking in Baltimore or another area?
0 votes 1 answer Share Flag
Mon Jan 23, 2017
Randjcreations asked:
Fri Oct 9, 2015
Buyingre247 answered:
Hi Neal,

If you are looking for anymore deals, my business is locating and assessing off market deals that are under valued. Check out my website wholesalebaltimoredeals.com and make sure to subscribe to the email list. We get county and city rehabs every month!

-Alex Schultz
4436054570
... more
0 votes 5 answers Share Flag
Thu Oct 8, 2015
Buyingre247 answered:
Hi Kathy,

I hope you figured out a good business plan for this property! If you are looking for anymore deals, my business is locating and assessing off market deals that are under valued. Check out my website wholesalebaltimoredeals.com and make sure to subscribe to the email list. We get county and city rehabs every month!

-Alex Schultz
... more
0 votes 1 answer Share Flag
Thu Oct 8, 2015
Buyingre247 answered:
My business is finding and assessing off market deals that are under valued. We buy them really cheap so we can sell them to investors at a wholesale price. Check out my website wholesalebaltimoredeals.com and even if any of the properties don't interest you, make sure to subscribe for the email list. We get county and city rehab opportunities.

-Alex Schultz
4436054570
... more
0 votes 4 answers Share Flag
Thu Oct 8, 2015
Buyingre247 asked:
check out wholesalebaltimoredeals.com and make sure to sign up on the home page to be added to the buyers list. We sell county and city rehabs with a lot of potential
0 votes 0 Answers Share Flag
Fri May 8, 2015
Snezhana Conway answered:
Hi there, I refurbished & renovated & designed and then flipped MANY houses in Maryland and DC. What exactly do you need to know? My team of contractors can help. I've been in real estate investment business for over 10 years.
~Snezhana
... more
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Sat Dec 28, 2013
Ronni.Grey answered:
Hi Angelique,

Fran Braden of Fran Braden Properties, has been a North Carolina real estate professional for many years. She can answer your questions with the local expertise you need. Here is her contact info:

Fran Braden Properties
3820 Raeford Rd. Suite A
Fayetteville, NC 28304
Office: 910-487-9923
Mobile: 910-987-1964
Fax: 910-826-7203
Email: franbraden@aol.com http://www.franbraden.com

I hope this info helps. All the best to you.
... more
0 votes 6 answers Share Flag
Thu Aug 15, 2013
Don Miller Jr answered:
Hi,

To answer your question, everyone's good rental return rate is different.

Most newer investors start out thinking 10% is fine but when you factor in being a landlord and unexpected problems, it quickly becomes apparent, "maybe that wasn't such a good rate of return".

Most long term professional investors, tend to shoot for 15% and above. If 15% is good enough for Warren Buffet, it should be good enough for you.

With that said, returns are in direct correlation to the amount of risk you are taking on. Risk is based on leverage, neighborhood, investment time frames and your personal situation. I can think of a several more but lets keep it simple here.

As an example; a new investor might be able to borrow 70% of the purchase price and so long as they maintain a real job in case they lose a tenant and still be able to afford the mortgage; risk is mitigated. If they lose their job, risk goes up significantly.

I purchase properties for cash, so my risk becomes tying up capital in a under-performing property, maybe only getting 10%.

So again, everyone desired rate of return is different. Baltimore offers returns from less than zero to some serious rates of returns.

Because I've been an investor for 30 years, I shoot for returns of 20% plus. Sometimes finding deals that can generate returns of 25-30% per year. But one has to have a lot of patience and experience and access to capital to pull that off.

It would be wise to work with a real estate agent that actually invest in real estate and has experience. And discuss your desires and current situation so they can help you determine what might or might not be best for your particular situation. There are some good agents around Baltimore.

Hope that helps.
Don
... more
0 votes 4 answers Share Flag
Thu Jan 31, 2013
Greg Mindala answered:
Mon Jun 11, 2012
Randy Pomfrey answered:
You could shop it one investor at a time and maybe get an offer, maybe not. Your best bet is almost always to put it on the MLS and getting thousands of people bidding on it and get the best price for the property. Let me know if you'd like to go the route that will make you the most money! -Randy ... more
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