Building a real estate portfolio is an excellent way to build wealth and security for you and your family. Investing in Maryland can go beyond buying a single-family home, duplex, or apartment building. There are many great ways to creatively invest in the Maryland real estate market. Whether you focus on land, mobile homes, partnerships, or commercial properties, you are certain to find the niche that is right for you. Below, we offer three of the many creative ways to invest in Maryland real estate.
Create the Right Partnerships
The truth is, nobody can do it all alone. Working with the right people will help you find success in the Maryland real estate market. When you are first starting out, you’ll want to build a team that you can trust and rely on. This doesn’t mean hiring a bunch of employees, rather it means partnering with the right professionals who can help you reach your goals. A few of the people you will want on your team include:
- A local, investor-friendly agent who is knowledgeable about both real estate laws and the Maryland area
- A title company that can provide excellent service and a fast turnaround when you need to close quickly on a property
- Construction specialists who can help you when you can’t or don’t want to manage a project on your own
- A property management company to help as you grow your portfolio and manage multiple properties
- A clean-up crew who can help you clean out your new purchase right away
- An attorney who can review contracts for accuracy and legality
If you have money to invest, partnering with a professional buyer such as Simple Homebuyers can help you quickly see a return on your investment without doing the legwork. We have these professionals on our team and know exactly how to get the job done. Reach out to us to discuss partnership opportunities and the potential earnings we can create together.
Invest in Maryland Land
Buying land can be an excellent real estate investment that is often overlooked by Maryland investors. While it is a great asset to buy and hold, land can also generate a passive income for you while you wait for it to gain value. For example, you can utilize the land for parking, farming, event space, and much more. Many people simply invest in land as a quiet investment, one that will gain value over time—especially when purchased in an up-and-coming area.
Of course, you can also buy land in Maryland with the intent to develop. Adding value by building a needed structure can help you see a large return on your investment. Just make sure it’s a needed building and not something that will cost you money and then sit empty. Before buying land in Maryland, make sure you are familiar with the rules and restrictions. Become familiar with zoning laws and do your homework on the property first.
Generate Income With Commercial Space
For some investors, investing in Maryland commercial real estate can feel overwhelming. However, the specialists at Simple Homebuyers can help you learn all you need to know. Commercial real estate can be very lucrative for the right investor. If you are able to purchase an in-demand location, you’ll be able to secure a great tenant at a great price. Commercial tenants can be easier to manage, as they bring a level of professionalism and don’t want to risk losing their business because of eviction.
A few types of great commercial real estate include:
- Multi-family properties with over 4 units
- Office space
- Retail and shopping centers
- Industrial buildings and warehouses
- Hotels and hospitality
- Medical or dental offices
- Restaurants and food service locations
- Mixed-use buildings that house different businesses
Commercial real estate can be incredibly lucrative and is a great niche for some investors. There are some differences from residential real estate, which you should be aware of. This includes things like tenant expenses, management needs, and your level of risk. Simple Homebuyers is happy to answer any questions you have about investing in Maryland commercial real estate and can provide you with data to help mitigate your risk.
To further explore how to protect your investments, check out our blog on 5 Reasons Why You Shouldn’t List Your House in the Winter in Washington DC.
Don’t Overlook the Power of Wholesaling
Many investors miss out on one of the most efficient investment methods: wholesaling. Wholesaling allows you to find off-market properties and assign the purchase contract to another investor for a fee. This means little to no money out of pocket and almost no risk. It’s a strategy that requires hustle and market knowledge but offers big potential rewards for those willing to put in the work.
If you’re considering wholesaling or want to offload a property fast, read our article on 5 Reasons to Use a Wholesaler to Sell Your House in Fort Washington to understand how this process can benefit both investors and sellers.
Exploring Turnkey Properties
Turnkey properties are fully renovated homes or buildings that are move-in ready or already rented out, making them appealing for passive investors. These properties are often managed by a third-party company and offer immediate cash flow without the need for repairs or rehab.
Turnkey investments are ideal for out-of-state investors or busy professionals who want to add real estate to their portfolio without daily oversight. However, the key is to buy from a reputable source and verify all projected returns and tenant stability. At Simple Homebuyers, we can connect you with trusted turnkey opportunities and property management professionals in Maryland.
Invest in Tax Liens and Deeds
Investing in tax liens and deeds is another creative and often overlooked real estate strategy. When homeowners fail to pay property taxes, municipalities may sell the tax debt to investors. If the owner doesn’t repay the lien with interest, you could acquire the property for a fraction of its value. Sites like Nolo offer great beginner guides for learning how to get started.
Tax lien investing carries risk, but it can be incredibly profitable when done right. Maryland counties occasionally hold auctions, and investors can often find properties with strong upside potential. It’s crucial to do your research and understand the local redemption periods and bidding processes.
Try Short-Term Rentals
The short-term rental market continues to grow, with platforms like Airbnb and Vrbo allowing investors to generate strong returns in popular Maryland destinations. Whether it’s a vacation property near the Chesapeake Bay or a charming city apartment in Baltimore, short-term rentals offer flexibility and premium income potential.
Managing a short-term rental involves more effort than traditional leases—think frequent cleanings, guest communication, and local compliance—but tools like AirDNA can help you evaluate profitability. At Simple Homebuyers, we’ve helped many clients convert properties into successful short-term rentals and can help you do the same.
Look Into REITs (Real Estate Investment Trusts)
If you’re looking for a more hands-off approach, REITs allow you to invest in real estate without owning physical property. These publicly traded companies invest in income-generating real estate like apartment complexes, hospitals, and office buildings. They pay dividends and are great for investors seeking passive income and diversification.
A good starting point to learn more about REITs is Investopedia’s REIT Guide. While returns may be lower than direct ownership, REITs offer easy entry, liquidity, and minimal responsibility. REITs are perfect for investors who want to gain real estate exposure without the headaches of being a landlord.
Simple Homebuyers Can Help You Find the Best Investments in Maryland!
If you’re looking for more creative ways to invest in Maryland real estate, our team would love to help. Reach out to Simple Homebuyers today and tell us all about the goals you have for your portfolio. Together, we’ll create a plan to help you reach them. We are happy to answer your questions and help you find the Maryland real estate investments that are right for you!
📞 Give us a call today to learn more about us and what we can offer you as an investor in Maryland real estate: (240) 776-2887