Why Invest in Real Estate in Maryland?
The real estate business in Baltimore City is a small business. I run into the same people over and over. Your reputation will get around. If your reputation is that of someone who is unreliable, no one will beat your door down to do business with you. No one brings deals to investors who can’t perform.
However if you have a reputation for working hard, being reliable and trustworthy, you will find others will go out of their way to work with you. I do a lot of business and have the ability to bring a lot of business to the people I work with. The attorneys, accountants, partners etc I choose to work with are all top notch. There are a ton of professionals that I simply will not work with again, as they dropped the ball when they had the chance.
In this particular instance I wasn’t confident enough to make an offer at the property. Instead I called back later that evening and made her a fair offer based on the market value of the property and the amount of repairs it needed. Since this property was tenant occupied, and I wanted as few people looking through it, I was a bit more aggressive in my pricing.
The seller took my offer well but was hoping to receive a little more for it. I continued to educate the seller on the nature of the repairs (quite extensive) and the fair market value of the house. The seller needed a day or two to think about the offer. In the mean time I submitted a PDF offer for her records via email (a nice professional touch). A few days later the seller decided to write it up, so we met and filled out the contract.
If you’re looking to create a secure and highly lucrative financial future there is no better place in the country to invest in Real Estate right now than in Baltimore, MD. Possibly the only place in the nation right now where 30% returns are the norm rather than the exception.
But don’t just take our opinion, let’s let the facts speak for themselves.
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The city is booming with so much economic growth from the Port of Baltimore, Red Line Mass Transportation, I-95 Intermodal Land-Sea-Air Container Transportation, new and renovated housing starts (Over 4,000 homes in new construction), massive new school construction, former office and… Read More.
As the capital of Maryland and home to the United States Naval Academy, Annapolis is one of the most desirable places to live in the Northeast. It has rich Colonial history, Civil War roots, incredible architecture, and beautiful landscapes.
It should come as no surprise then that Annapolis has averaged steady population growth over the past few years and numbers expect to continue rising in the near future.
As a savvy investor, are you taking advantage of this wonderful opportunity?
When it comes to property management in Annapolis, you have two choices. You can either take the do-it-yourself approach or… Read More.
Whether it’s Bowie property management or services in any of the surrounding cities, you’ve found the place that will bring you peace of mind. Silver River will save you a lot of headache, save you a lot of time, save you a lot of money, and allow you to rest well, knowing your investment is in the capable hands of professionals with a track record that makes them trusted by property owners and investors.
This site is rich with information about our company and about property management. We welcome you to explore the different pages and give us a call. We are happy each time landlords call to discuss their investments… Read More.
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