New Investor in Hagerstown - Looking for SFHs or a Duplex

[Michael Lyons]

Hi,

I have been looking at a few properties in Hagerstown and wanted to introduce myself. I have some experience landlording and I hope to meet other investors in the area and share my experiences as I continue to learn more.  

Right now I am looking for a 3/2 rental or 3/1.5 house, as well as a duplex, if the numbers are right.  Please send me a colleague request or PM if you are interested in talking.  I am also interested in hearing from wholesalers with properties to sell.  My goal is to own a number of cash flowing properties and expand into multifamily units down the road.  We will self manage at first but I am building a PM fee into all my deal analysis in case we go that route.

Does anyone have any insight into the current rental market in Hagerstown?  How long are rehabbed single family homes sitting on the rental market?  I don't plan to invest downtown. Thanks in advance!

[Russell Brazil]

Welcome to BP @Michael Lyons.  I dont invest in Hagerstown myself, but there are plenty of BP members who do. @Andrew Michael is one off hand that comes to mind. Also Hagerstown has a well attended REIA, Hub City REIA which you may want to check out.