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Reply to "invest in rental property in DC"
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[quote=Anonymous][quote=Anonymous]If you’re looking to buy rental properties in “up-and-coming” neighborhoods with problems with crime just buy in Baltimore, where you can get a lot more return on your investment. I bought a house for less than $200k in Remington that has a $1,000 mortgage that I’m renting for $1,750. There is nowhere in DC that I know of where you can get that kind of ROI.[/quote] Except then you're dealing with a city that's circling the drain. Every time Baltimore gets a little worse that I thought was even possible. Last week the mayor resigned by text message. Didn't even show up to say a word to her people or the city. https://www.baltimoresun.com/news/maryland/politics/bs-md-ci-pugh-silverman-20190501-story.html This week Johns Hopkin's hired its own private police force - what is this Kabul? https://www.baltimoresun.com/news/maryland/education/higher-ed/bs-md-jhu-sit-in-wednesday-20190508-story.html [/quote]
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