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Updated almost 5 years ago on . Most recent reply
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Investing in Hagerstown, MD
Two years ago, there was a thread here called "Another reason not to invest in Hagerstown, MD". I stumbled across it right when we were about to put an offer on a duplex in that city, as first-time investors, for cash flow purposes.
My question is: Is is STILL a bad idea to invest in Hagerstown??? Has the government lifted any of those difficult loopholes, like the dual-tiered taxes and the strict crime policies, that were being complained about in that old thread? Should we look elsewhere (and where?)
I know markets change, but I don't know how to find out if they have for the better. Any input would be immensely helpful, as we literally were about to make a purchase--when I found that thread and stopped in my tracks.
Thank you!!!
_eva
Most Popular Reply
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I have great property managers in my HT apartment building. All I do is collect the checks. My only issue is it was built in the 1800s and the maintenance seriously breaks into my cashflow at times. When it doesnt, I have zero complaints.