7 Tips For How to Grow Your Business and Your Portfolio Right in Your Backyard

Trius Lending Tip 1

TIP #1: WORK LOCAL AND THINK LOCAL

• Know Baltimore (or your local area) • Do your research both online AND in person • Research closed sales history online and in publications • This will help you find the pockets of opportunity and understand the prices and, in turn, the returns

• Understand the risks and pitfalls of picking the wrong area: • Might be a small loan but a bad area • More likely to get broken into • Difficult to collect rent and/or re-sell • More likely to have squatters they have more rights than you do • It’s the bad renters that will hurt you or the bad buyers