Hagerstown Maryland

[Account Closed]

Hey Investors,

I'm looking for a place to invest in Maryland, and Hagerstown might be attractive to me.  There's good job growth, population growth, falling house prices, low vacancy, and reasonable taxes.  Does anybody here have any experience in that area?

[Andrew Michael]

@Account Closed mentioned the tenant base can be an issue.  Make sure you have a fair and diligent screening process in place.  

Another thing to think about is where in Hagerstown you want to invest.  All parts of Hagerstown are not created equal and the city is a pain to work with (think uneducated people in official positions).  If you are going to invest within the city limits I would be very picky about where you pick up rentals.

I do not want to paint a doom and gloom picture.  There are some really nice streets and some great people just understand the overall market you are getting into.  Hagerstown is a cash flow only play.