Recent comments in /f/baltimore

S-Kunst t1_jdm08lr wrote

I know two people who rehabbed a $1 house ,each, in DC in the 1970s.

They said the project was only possible as the banks were provided guarantees (by the Fed Gov) to make first and 2nd mortgages, without the fear of loosing money if the homeowner defaulted. Also the houses were first for owner occupied, then they opened it to some small time developers. Restrictions were applied to prevent flippers from giving the places a coat of paint, and reselling in a coupe weeks.

My understanding of the Baltimore project, is that it was similar to the DC plan. Lending institutions do not want to loan large sums of money for a shack. But with FED & State backing they did make loans.

Both people in DC, I knew, felt that the program was a success until they had settled into their newly rehabbed houses. It was then that the city zapped them with high property tax. Not so bad for the person who did a row house in a strip of houses which were in different conditions, but the guy who renovated a single family home on 16th street NW, not too many block from the Maryland line. The new tax on that house made it too expensive to live in, for the owner and he had to sell. Not at a loss, but not at a fat profit either.

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No-Village-6819 t1_jdlzf4o wrote

Reply to comment by Uu550 in Where to buy sunglasses? by [deleted]

My first thought as well! Usually they have some killer sales in the Outlet stuff but I’m not seeing any at the moment. They do have some reasonable regular priced polarized ones <$30 that would be great for driving.

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[deleted] t1_jdlviup wrote

Huh. I’m getting a 45 minute projection on the bus from the same spot, followed by a 19 minutes walk.

Google maps cuts that walk to 5 minutes. I’m guessing that all drastically depends on where on campus it’s mapping to and how fast one walks.

Any reason you’re not considering Red? I think it’s a tad faster — obviously a different route though.

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B-More_Orange t1_jdl5k82 wrote

You can fish the harbor but I wouldn’t eat anything out of there. Maybe a smaller, legal rockfish since they are so migratory. Tons of fish to be caught though. Definitely go to Tochtermans and check out r/marylandfishing

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molotovPopsicle t1_jdkysfd wrote

yes. my friend did it in the late 90s/early 2000's time period in Canton and it worked out well for them. they ended up moving once they had kids though because it was too small for the whole family. they definitely made money off of it in the end though

i think the issue is mostly location, and also luck in terms of the cost of repair. you can plan for some of that, but there are always going to be surprises

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why_grapefruit_why t1_jdkt4ll wrote

Thames St Oyster House for approachable upscale (my personal favorite)

Nicks Fish House for easygoing fun vibes

Charleston for the most refined restaurant experience in Baltimore

Loch Bar or Bygone for very overpriced but very extravagant raw bar experiences

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