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[quote=Anonymous][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]

It doesn’t matter. Remington borders JHU’s Homewood campus and until JHU and other Baltimore institutions and businesses pack up and leave town it will still be a good rental market. Hell, even if they leave it still will be because Baltimore is 35 miles from DC. Anyone who is serious about building a rental portfolio would be a fool to invest in DC over Baltimore. You can barely cover your mortgage by renting places out at current DC prices.

As for Pugh, after the riots rental prices in Baltimore were still high. It is a very tough, resilient city, filled with a lot of grit and pride. It will be fine. [/quote]

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