Baltimore Real Estate Resources

Here's another Baltimore property that was submitted by a user that we will use as a teaching tool for our Baltimore, Maryland Real Estate Resources real estate investors. The property address, in case you want to look into it in more detail is: 1 Gorman Ave, Baltimore, MD 21223.

Let's look at this 3 bedroom, 1.50 bathroom property located at 1 Gorman Ave that has an asking price of $89,900.

As you can see from the table above, if you know what a typical Baltimore property sells for on a price per square foot basis, you can quickly use the information provided above as a starting point for making your offer. Click on the Price Paid above to start your own analysis on this property using our Offer Generator investing tool.

There's nothing worse than being in a hot market when you are trying to buy screaming hot deals. Check out Jassen's Audio CD The 10 Cures for Finding Deals in Hot Markets to alleviate your buying woes in Baltimore.

Keep on investing Baltimore,

James

Here's another Baltimore property that was submitted by a user that we will use as a teaching tool for our Baltimore, Maryland Real Estate Resources real estate investors. The property address, in case you want to look into it in more detail is: 5709 Arnhem Rd, Baltimore, MD 21206.

This 3/1.00 1,178 square foot property has an asking price of $84,550, but let's take a moment to do some calculations to see what our actual price per square foot would be based on various offer prices (both above asking price and below asking price).

As you can see from the table above, if you know what a typical Baltimore property sells for on a price per square foot basis, you can quickly use the information provided above as a starting point for making your offer. Click on the Price Paid above to start your own analysis on this property using our Offer Generator investing tool.

Are you trying to get involved in the wholesaling game? If you're already out there, looking at deals, but still need to know how to tie up the right ones so that you can make money, you should listen to Wholesaling Volume 4: Tying Up Deals by Jassen Bowman. Learn how to claim your share of the multitudes of deals in Baltimore that are waiting for you to grab them!

Until next time,

James

If you've been in business for any length of time, you'll find that there are more things to do then can be done in any given day, so you absolutely must prioritize to become a successful real estate investor.

The 80/20 rule, also called Pareto's Principle, tells us that a large percentage of our success is dependent on the significant few things. The general idea of the rule is that 80% of your results will come

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Here are 4 amazingly simple ways to get others to find great real estate deals for you.

First, and this is an obvious one, hire a real estate agent or broker to scour their multiple listing service (MLS) and only bring you the deals that meet your very specific criteria. The overwhelming majority of real estate agents and brokers are paid only when you buy or sell a property using their service. They can look through the inventory they have access to and share with you the ones that meet you very specific needs. Then, when you find one that works for you, you buy it with that real estate agent or broker. You get a great deal and they earn a commission.

Second, find

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Many real estate investors lose out on an untold number of real estate deals by pre-screening too much on the telephone. Far more real estate investors pre-screen too much even before the first phone call, but that's a topic for another day. Let's discuss why you should NOT pre-screen for motivation on the phone if you want to buy more deals, with better terms and at better prices.

Are you the type of guy or gal that asks/asked if they're going to get an

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Here's another Baltimore property that was submitted by a user that we will use as a teaching tool for our Baltimore, Maryland Real Estate Resources real estate investors. The property address, in case you want to look into it in more detail is: 822 McCabe Ave, Baltimore, MD 21212.

In the table below I show what happens to the value with a modest appreciation rate. Can you have years where this (or any other property for that matter) go down in value? Yes. Might it not go up by as much as we are estimating? Yes. Can it go up by more? Yes. Only time will tell what will happen.

As you can see from the table above, if we assume an appreciation rate of 6.9% per year, then the property value eventually reaches $184,945 after 10 years.

Also, don't forget to check out the new Real Estate Investor Cookbook where I share with you the systems, checklists and other resources that you need to successfully invest in real estate in Baltimore. In the Real Estate Investor Cookbook, you will find my daily real estate investing checklist as well as additional checklists that I personally use to manage my own real estate investments.

Until next time,

James

If you are using a blank sheet of paper or, even worse, scraps of paper to jot down information about potential properties when you are talking to potential motivated sellers on the phone for your initial call, shame on you!

You should be taking down all the information about the property and sellers in an organized fashion. If you do not have a Property Information Sheet to use to gather this information for your own real estate investing business, then get one or, as a last resort, make your own and use it for every call.

Most of the information you'll gather is

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Here's another Middle River property that was submitted by a user that we will use as a teaching tool for our Baltimore, Maryland Real Estate Resources real estate investors. The property address, in case you want to look into it in more detail is: 26 Blister St, Middle River, MD 21220.

This 2/2.00 876 square foot property has an asking price of $107,910, but let's take a moment to do some calculations to see what our actual cost per bedroom would be based on various offer prices (both above asking price and below asking price).

As you can see from the table above, if you know that rents in Middle River can support a certain price per bedroom, you can use the information provided above as a starting point for making your offer. Click on the Price Paid above to start your own analysis on this property using our Offer Generator investing tool.

So you've finally done it - you've put out a ton of marekting and your phone's ringing off the hook. Now what are you going to do? Find out proven systems for dealing effectively with a large volume of leads in Managing Your Motivated Seller Calls. Among other things, you'll learn the benefits of having an automated 24-hour information line. Don't let your leads in Baltimore go to waste, check out this audio course today.

Keep on investing Baltimore,

James