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Updated about 4 years ago,
How would you attack this situation?
Hello, thanks for reading. Currently looking for multifamily properties in MA, but the numbers are looking better out of state. Have funding and can find properties in markets that interest me. 3 things holding me back are
1. Unsure of areas- Sure we can find great deals on paper, but what is "that neighborhood" like? Near me in Worcester, Ma the rents are easily $1200/mo in one spot and two streets over you would be lucky to get $900. Would agents or managers be better for this?
2. Should I just cold call property managers with good yelp reviews? haha I am not very experienced on BP. Is there a way to find property managers on here and filter down to the location I am looking for?
3. Sounds silly when I say it. I have a buyers agent working hard for me licensed here in MA, and it feels like a betrayal of trust or something if one day I'm just like "hey joe i dont currently need you to keep looking for properties, i just bought one with another agent down in TN." Is that crazy? I am all about trust, accountability, and being a stand up citizen. I feel like it would be immoral.
Thank you for any input. Be gentle, its my first post. HAHA