Baltimore Real Estate Investing Blog

Is Another Wave of Foreclosures Coming? Or is it a Tsunami coming? Rick Sharga from RealtyTrack.com says that “Banks own about 900,000 houses but only 300,000 are on the market!”  That means the real supply of REOs is triple what we are seeing today.  His prediction; 4-6 million homes will hit the market in the [...]

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Anthony Onwuanibe was in the line at the tax sale office. As he patiently answered questions from others in the line, I listened in. This guy really knows his stuff.  I took the opportunity to pick his brain with every question I could think of about tax sale investing. He told me he was an [...]

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In my recent post What is Hard Money,  I promised to post a list of Hard money lenders.  So here it is.  Much of this list comes from an e-mail by Baltimore real estate investor John Parker; thanks John. Local Baltimore Hard Money Lenders Cavalier Realty Company, Inc. Hard Money Bankers Jeffrey Shiller from Hard [...]

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If you are new to real estate investing you may have heard the term “Hard Money”.  Just what exactly is hard money?  It is a short term loan with high interest designed for investors who renovate properties. These loans do not come from banks or traditional lenders. They are offered by private lenders in the [...]

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Baltimore is a city of neighborhoods. Many of these neighborhoods have colorful names that hint at the history of the neighborhood, Greektown,  Butchers Hill, Brewers Hill etc. But do you really know the true borders of those neighborhoods?  There are official names for every part of the city.  Often investors say a property is in [...]

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What Is a 1099? A 1099 is an informational return required by the IRS.  Employees receive a W-2 to let them know how much income was rep0rted to the IRS.  You may also get a 1099 INT from your bank telling you how much interest you received in the prior year.  In a similar way [...]

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Last night Baltimore’s Mayor Dixon hosted a town hall style meeting about vacant and abandoned house problem.  Mayor Dixon, Housing Commissioner Paul Graziano,  Deputy Commissioner Code Enforcement Michael Braverman and panel of city officials spoke about how the city is handling the vacant properties they own. Three ways to acquire Baltimore city owned property Listening [...]

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Baltimore County Tax Sale The Baltimore County tax sale will be held Wednesday June 3, 2009, at the County Council Chambers, 400 Washington Ave,  Room 205, Towson, Maryland at 9 a.m.  You must pre-register for the sale by May 29 at 4:30 p.m.  Registration is free. More information and the property list are available a the Baltimore [...]

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Do you have a mastermind group? I am fortunate to be a member of a high level mastermind group. I am continually impressed with the ideas, knowledge, and success level  the members of my mastermind group generate.  Two members of my group are putting on an exciting event later this month, The Exponential Wealth Conference. [...]

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Do you have an Apple iPod? How do you use it? I try to take a walk every day. It is modest exercise and it relaxes me. I also get some of my best ideas while walking. To help generate those ideas I listen to my iPod.  I listen to motivation, sales, real estate and [...]

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This book by Dave Lindahl is about repositioning Apartment buildings. This is truly one of the better books on real estate investing that I have read. While its primary focus in multi-family buildings, it has tremendous value for single family home investors also. Dave Lindahl got his start renovating single family properties and doing small [...]

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How do I invest in this volatile market? Are you wondering how to invest in this changing market? Have you seen your savings and investments decline? Are you paralyzed and unsure what to do with your investments even as you see them wither away to nothing? Crab Properties, LLC has arranged a free online webinar [...]

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Do you want to learn how to invest in tax sales?  Do you want to learn the best neighborhoods to invest in Baltimore City? Which neighborhoods are the good the bad and the ugly? Do you want personal mentoring and all you investing questions answered?   If so contact us. Crab Properties, LLC is looking [...]

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Mark your calendars for Wednesday March 25.  We will be having a webinar at 8:00 pm.  Arkad Group, LLC  will offer a presentation on investing in apartment buildings and a special guest will give a presentation on an unexpected source of funds to do that investing.

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Fannie Mae will now allow up to 10 mortgages per investor. Effective March 1, 2009 Fannie Mae will increase the number of mortgages allowed per investor to ten. This is up from the current limit of four. This new guideline applies to one to four unit properties. Fannie Mae cites the importance of investors in [...]

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