Today's Wednesday. Friday I close on this beautiful buxom babe. Already have a roommate, their deposit, and their first month's rent. Monthly mortgage is about the rent I'm collecting. The neighborhood is on the up-and-up, and that's only a little bit wishful thinking. Baltimore isn't the conception of the next it thing but we're benefitting from a few promising trends. Moreover, I fucking love my city. Just didn't think I would be buying a house so soon. :) I don't have a stick of furniture yet but that's ok. Someone is moving and giving me their lightly used bed and I have three friends hovering on their neighborhoods' listservs looking for good deals. I'm giddy like a ten year old on Christmas morning. Almost there!
Dude. That is the house you're buying!? Gorgeous! And you're probably in a good spot by not being the next it thing. Sooner or later the northwest housing and rental market is going to crash and it's going to crash hard.
The insane hype has actually made it to Baltimore, albeit nowhere near the extent elsewhere. Even though the Census recently released data that Baltimore's population still hasn't bottomed out--it just hit the lowest it's been in 100 years--there are still neighborhoods seeing a lot of construction, primarily in the form of big apartment buildings holding hundreds of units. But that's more a point for the thesis that the hype is stupid, less that Baltimore needs new apartment buildings.
Agreed! That place looks amazing. Tons of character. Congrats blackbootz