Baltimore Real Estate Investing Blog

Guest post By Andrew Hill @ www.NewHomeSource.com When Buying Foreclosed Homes be Realistic Buying a foreclosure can be a fantastic adventure in real estate. And if you enjoy finding a great price for a home while getting your hands dirty, then it could be a perfect fit. But when shopping foreclosures you must remember this: [...]

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332 S. Woodyear St., Baltimore, MD 21223 Only $24,770 Call 301-332-5496 Little or no renovation needed Nice Block no board ups Easy to rent Expected rents $800-$1,000+ 2 bedroom (3 with walk through) Walk to shopping Convenient to downtown & Bus Routes  Go to CrabProperties.com for more info and full terms To see the condition [...]

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Earn 18% interest I have a limited number of tax liens for sale. These are Baltimore City Tax liens which accrue interest at 18%!  I am trying to raise money for this years tax sale and would be willing to let some of my current liens go.  Some have foreclosures started and I have an [...]

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The guys in the video below are fun to watch and high energy.  They are of the mind that modifications only prolong the housing troubles. They say more foreclosures short run, will get us back to a stable market faster. So the question for you is “Should banks increase foreclosures and increase the short term [...]

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How does the mortgage holder get wiped out for a small amount of taxes.? Because those are the rules!  It may not see fair but I explain in the video below

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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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Please save this house! Regular readers of this site know I am an active tax lien investor.  The property below is one I acquired via the tax lien foreclosure process. Shame on me because it had a roof leak which I neglected.  One leak became two, then three, etc.  Now I am a motivated seller.  [...]

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Tenant Landlord Handbook Baltimore Neighborhoods inc has released their 2011 version of their Guide to Local, State and Federal Laws, Governing Tenant-Landlord Relations.  This is an indispensable guide if you are a landlord in Maryland. Their guides summarize and explain in simple terms, Maryland and local tenant landlord regulations.  A PDF flyer and order form [...]

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What is Seasoning? One of the issues we used to see with financing was “seasoning”.  Lenders wouldn’t loan on the resale of a  property that was just recently purchased.  The purpose was to avoid “fraudulent flipping.”  Of course it didn’t stop fraud in just  made it tough for legitimate real estate investors to rehab and [...]

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It’s only too late if you don’t start now Barbara Sher – from her book title Many people lament what they could have done, without realizing they can still do it.  Sadly the same things that kept them from doing it before keep them from doing it now.  Yet it is never to late to [...]

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How You Say it Makes All the Difference The short video below shows the incredible power of words.  How you say something can make as much difference as what you say.  Often you can gradually get someone to come around to your point of view by being creative in how you present your message.  Politicians [...]

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I promised to do a write up on the results of the Baltimore City sale.  My writing time seem short these days and analyzing the sale results can take some time.  So let me just refer you to an excellent write up by the Dominion Group. – Balt City 2011 Tax Lien Sale Results! Who [...]

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The Anne Arundel County Tax Sale is coming up soon.  The date is June 7th, 2011.  As many Maryland counties have done, their auction will be online this year.  The website is Anne Arundel County Tax  Sale.  Registration is now open and you must register by June 4 at 4:30 PM. A list of properties [...]

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Baltimore County Tax Sale The Baltimore County Tax Sale is scheduled for June 2, 2011.   For the second year it will be held online at the Baltimore County Tax Sale Website.  To register you need to have a bank account that will accept an ACH debit.  It will cost $100 to register for the [...]

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Maryland’s High Bid Premium Maryland uses a complicated system for their tax sale bidding called the “High Bid Premium” method.  This formula determines how much you pay the day of the auction as well as what your effective interest rate is. High Bid Premium Determines Three key Amounts Your bid at the Baltimore City Tax [...]

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