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Updated over 6 years ago on . Most recent reply

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Sean Brennan
  • Rental Property Investor
  • Manchester, NH
81
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447
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New Hampshire Buy & Hold

Sean Brennan
  • Rental Property Investor
  • Manchester, NH
Posted

Hey Y'all, long time no talk :)

I am doing some preliminary research into house hacking in NH and was wondering if anyone knew which communities are in that sweet spot where it is safe to live, there is tenant demand, there is some inventory, but prices are reasonable... haha I know asking a lot... maybe this is super secret info.

Thanks!

Sean

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Richard C.
  • Bedford, NH
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Richard C.
  • Bedford, NH
Replied

Nashua.  Or a little bit closer to home for you, some of the little towns to the immediate West of Nashua.

If I were house-hacking in Southern NH now, I would buy in Brookline.  The less expensive of the two towns in what is very possibly the best school district in the state, commuting distance to the 128 corridor or Nashua/Manchester, excellent demand.  Inventory is a bit of a problem, but you are close enough to be able to really dig in and research the town and anything available there.

I also like the prospects in Milford.

In the Monadnock area where I live, some towns strike me as opportunities, others seem to have no long term future.  Rindge wouldn't be a bad place to house hack.  I would stay away from New Ipswich, the school system is a mess.

And school district matters if you are house-hacking a SFR, since eventually you will move out and want to rent or sell to families.

Good Districts:  Hollis-Brookline, Souhegan, Bedford, John Stark, Hopkinton, Bow, Contoocook Valley

Middling Districts:  Jaffrey-Rindge, Milford, Wilton-Lyndeborough, Nashua, Merrimack

Would personally avoid:  Mascenic (New Ipswich/Greenville), Hillsboro-Deering, Monadnock, Manchester.

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