Quilting and Real Estate in MD

Investing in Baltimore

I really think you can't go wrong buying real estate in the City of Baltimore right now. There are so many incentives to buy low and put a few dollars into it then sell higher. Now, I don't mean for you to get greedy here but make a few thousand dollars and move on to the next house.
There is such a shortage of affordable homes for "real people" to buy. And, Baltimore isn't all that bad. It just needs some folks to take pride in their neighborhood, take pride in their home and take pride in their families to bring it back. I know that's easier said than done. It takes a strong person to rise above it and get on with your life rather than letting the cycle repeat itself.
I help investors all day long buying affordably priced homes and putting a few dollars into them and reselling them for a nice return on investment.
I had a client purchase a home for $55,000 last summer, he invested about $30,000 in it and sold it for $149,000 and now he's buying another one in the same neighborhood for $60,000 and going to put another $30,000 (or less since the house is in better shape) into it and sell it for $149,000 or whatever the market rate is when h e's ready to sell. I can sell $140 something thousand houses all day long.
In the coming months and years it's the affordable housing market that's going to be the place to make money. Do you know anyone with a house that needs some work? I have a whole list of investors who are looking for houses that need work anywhere from a full gut rehab to just a little TLC. Get in touch with me today and let's make it happen.

posted by bmorerealtor @ 7/30/2006 11:24:00 PM