What is the investment property climate in Westminster, MD? Any investors there in this group? We live in Westminster and might try to obtain our first property (duplex or single family) here before making the leap to Hagerstown.
How did it go? Did you pull the trigger on the Westminster property? Only reason I ask, is because I’m looking to do the same. I’m not too familiar with this area.
I am however, familiar with the Hagerstown area. Use caution in the city limits!
How did it go? Did you pull the trigger on the Westminster property? Only reason I ask, is because I’m looking to do the same. I’m not too familiar with this area.
I am however, familiar with the Hagerstown area. Use caution in the city limits!
Realtor · Tampa, FL · Member since 2019 · 31 posts · 17 votes
6y
@Matt Hassler I invest inside Hagerstown city limits and just finished a 4plex full gut rehab and selling 2 of the units. Investing here can be stressful if you don't know the area or work with a local investor or realtor well versed in the area. The main areas of concern should be the tenant class, which is difficult to deal with and the city permit office also less than stellar to deal with. I have worked with the permit office on commercial projects and their systems are just way behind and slow but I would still invest here with the correct team and reserves of course.