Comments on: Mayor’s Meeting on Vacant Housing

By: humidifier

humidifier — Sun, 17 Jan 2010 05:17:26 +0000

10,000 vacant homes? They better be super cheap deals. I might have to take a look at those properties myself.

-Kai

By: Ned

Ned — Fri, 04 Dec 2009 03:14:56 +0000

Jay, welcome and thanks for commenting. Yes I agree the city has poor government but I do think the city is on the rebound. Glad you’d like to help and be part of that.

By: Jay

Jay — Thu, 03 Dec 2009 20:06:42 +0000

I have been interested and looking for a few homes to renovate in the city. To my amaze I was shocked as I drove around the town seeing 100′s of homes in all directions for miles that were in total ruins. A great city as Baltimore should be as it were many years back when all the blue collar workers as myself owned and loved their homes. It is only due to poor City Government and poor police force not delivering what they should be providing, A SAFE AND CLEAN place to live. Too many houses out there and I am determined to take over as many as I can to trun this city around.

By: Ned

Ned — Fri, 06 Nov 2009 05:54:25 +0000

Eryck,

I am not aware of any specific VA programs. There are various government programs to assist in investing in real estate but most have strings attached. One string is most assume that you have some money to work with.

They are generally called “row houses” in Baltimore but townhouse would also be correct. There are ways to get started with modest collateral (money), partnering for example.

The city has gotten tougher to deal with lately. However I get the sense that they are patient as long as you are making progress. But if you buy a vacant property and let it sit they will often come after you.

Good luck, – Ned

By: Eryck

Eryck — Thu, 05 Nov 2009 23:28:38 +0000

I am about to retire from the military and come back home to Baltimore. Are you aware of any VA or similar programs for Veterans to buy up some of these properities?

In short, with out much collateral, I want to purchase a few “connected” city townhomes/ rowhomes (what is the real name/) and build (over time) my retirement housing.

What is the cities take on timelines to renovate these homes and what if any leniency do they have for the capitol portion?

By: Ned

Ned — Fri, 02 Oct 2009 04:13:23 +0000

Luvon,

Thank you for stopping by and taking the time to comment.

You said: “a city rich with a unique style of housing.”

Absolutely, Baltimore has some wonderful architecture. Imagine how beautiful this city could be if those beautiful homes were renovated and filled with homeowners who took pride in their homes.

By: Luvon Dungee

Luvon Dungee — Thu, 01 Oct 2009 19:38:07 +0000

as a devveloper in Baltimore’s inner-city I have seen alot of vacant units and have come to the conclusion, the only way to develop our Baltimore is to develop our Baltimore. The Mayor and the commissioner can not solve all of our problems as it relates to the vacant units but we as proud developers must assist in changing our concept of the city. Vacant units; should assist with employment which has the abiliity to attract those to a city rich with a unique style of housing. vacant unit also create opportunities for nieghborhoods to flourish with a sense of self direction and wholeness. we need the developers and those with a passion to change to think outside the box with todays development concepts thereby creating homes for those interested in our Baltimore.

By: Sre

Sre — Thu, 10 Sep 2009 08:47:58 +0000

Man, it sort of makes you wonder why people would want to take on rentals as an investment doesn’t it?
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By: Ned

Ned — Wed, 09 Sep 2009 02:39:35 +0000

Sire, Check out the picture in this post. What is a receiver There are acres of properties like this in Baltimore. I suspect most were rentals with burnt out landlords that got tired of tenants trashing their properties and just gave up.

By: Sre

Sre — Tue, 08 Sep 2009 04:24:55 +0000

So, these people abandoned their homes because they were unable to sell them?
Sre´s last blog ..Why I Don’t Comment On Blogger Blogs