Posted by timeinvestor on October 17, 2003 at 20:22:58:
It is pretty good here. I’m in Baltimore. Ya know, I think the diversity in such a small area has been helpful. At the most, it’s a 30 minute drive to a whole different set of standards, economy, ethnicity, and property appreciation rates in any direction. Although I’m not excited to have competition, I do believe that there are enough here for all that try.
Maybe I’ll run into you.
which area in DC metro are you betting your money? - Posted by curious
Posted by curious on October 17, 2003 at 14:13:51:
With potential appreciation, rent rate, and neighborhood in general?
where are you buying the rental properties?
which area in DC metro are you betting your money? - Posted by E.Eka
Posted by E.Eka on October 17, 2003 at 14:32:08:
I haven’t bought any property in DC. I was considering it. I am very interested in Baltimore more than anything.
I was thinking that the northeast would be a good place to start. Forget NW-georgetown area. WHo has 1 million dollars to buy rental property and generate negative cashflow?
My friend bought her town home in NE near the children’s hospital for around $100,000 2 yrs ago. With like $200 down because of the DC incentive program. It recently appraised for $178,000!!! That’s appreciation for you!