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Maryland Real Estate Q&A Discussion Forum
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Updated 2 months ago on . Most recent reply

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352
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193
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Benjamin Seibert
  • Investor
  • Frederick, MD
193
Votes |
352
Posts

Cumberland MD Real Estate Investing

Benjamin Seibert
  • Investor
  • Frederick, MD
Posted

I am from the Hagerstown, MD area and was looking at a few potential investment properties in Cumberland. I was wondering if anyone was directly familiar with these areas and had any helpful information they could share or spare a few minutes to chat with me concerning these areas.

Thank you very much!

Most Popular Reply

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265
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387
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Melanie Hartmann
  • Flipper/Rehabber
  • Baltimore, MD
387
Votes |
265
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Melanie Hartmann
  • Flipper/Rehabber
  • Baltimore, MD
Replied

I am not particularly familiar either. However, I have found local property managers to be very helpful in stating whether an area was difficult to rent, what the market rents were, and even personally knowing some of the tenants of buildings I was considering. The one I'm under contract for happened to be already managed by the one property manager I had been in communication with for the past few months. In the city, it seems most of the 1b/1ba rent for 400-450. And 2b/1ba rent for 500-550. 3b/1ba 600-800. I've only really looked at multi-families in the area and am not as familiar with SFH.

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