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Updated almost 5 years ago on . Most recent reply

User Stats

3
Posts
2
Votes
Alex Carrow
  • Investor
  • Spotsylvania, VA
2
Votes |
3
Posts

Lewiston, Maine

Alex Carrow
  • Investor
  • Spotsylvania, VA
Posted

Is anyone currently investing in lewiston? I'm looking at a couple apartment complexes and am wondering if anyone has any experiences in these areas?

Most Popular Reply

User Stats

79
Posts
21
Votes
Michael Webster
  • Real Estate Agent
  • Portland, ME
21
Votes |
79
Posts
Michael Webster
  • Real Estate Agent
  • Portland, ME
Replied

Not sure if you're still looking, Alex, but Lewiston is a very tough rental market.  It's notorious in our area.  I have a number of years of experience running a management company and I've also done flips and am a real estate agent.  If you're looking for lower priced options that cash flow I'd suggest looking more towards Saco, Old Orchard (seasonal opportunities with AirBnB are huge), or even Biddeford (rough but plenty of section 8 tenants available).  I'm happy to help answer any questions.

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