8 Reasons to buy an Expensive House Hack

[@brindacockburn4033]

This is very very true in Atlanta. We have a chronic housing shortage. Cheaper homes require renovation and good luck getting a contractor, and are in crappy school districts with crime. We have hordes moving here from CA, NY and Chicago daily pushing things up.

[@supreme9187]

Nice

[@beefsupreme64]

Excellent points.

[@curtislong3406]

Why most investors didn’t want to invest in Baltimore city? I’m a wholesaler

[@01henryander]

Pros start @ 7:30

[@DevinMorenoInvesting]

I felt it might be best to start with the cons but do you feel they were not as valuable? Genuinely curious for future formatting of my videos

[@4joylem788]

Another great video, thank you.

[@4joylem788]

Where do you look to see if the area you want to buy a property is up and coming? is there a certain website you look into or just a drive through? I am sure it is acombination of all that and more but if you can talk about that especialy in a city like baltimore where it is so diverse. Thank you.

[@DevinMorenoInvesting]

For a new investor, the easiest asset to use is an investor whom is also a realtor. But outside of this, you will simply have to pay attention to what is going on in your city. Generally developments will be in the news or in local real estate blogs. For example, there was a recent article in the Sun that the demolition of many vacant neighborhoods in Upton are being demolished. Also a new State building is being constructed around the McCulloh homes area that will provide hundreds of jobs. And this is all centered around the Historic Bolton Hill area that has long retained its values even through recessions. So using all this information you can start to summarize that investing near that area would yeild higher property values later on and therefore profit. (Just one example)

[@4joylem788]

Thank you so much. @@DevinMorenoInvesting

[@chrisparker9672]

20 months ago I bought a $625k house for 5% down. It's appreciated $110k since then. Hard to beat that.

[@DevinMorenoInvesting]

Yeah this is definitely one of the major advantages of more expensive houses. They just appreciate much faster. However there are of course some downsides that I bring up in the video that I think everyone should pay attention to

[@Churros1209]

I bet right now it’s 900k lol

[@chrisparker9672]

@@Churros1209 the online estimators say not quite but getting there. I dont think it'll be long.

[@JazzManLaf]

At job. Keep it coming.