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Updated almost 7 years ago on . Most recent reply

If I live in Boston does it make sense to invest in Fall River
This is a question I get asked all the time. If you live in Boston or the greater Boston area you have seen real estate explode on an outrageous level.
There are 2 reason you are interested in Fall River:
1. The prices are very low
2. The cash on cash return is very high
And there are 2 reasons you ask the question:
1. The distance is an hour
2. You've heard about an opiode epidemic
Let me clear up how I look at it below:
1. Return on investment in Fall River is amazing! (I own 40+ units in the city)
2. Opiode issues are generally as easy as evicting the bad tenants ( since drug use is not a protected class)
3. Get a property manager (this should have been number 1)
4. The city is actually a very nice and desirable place to live (I know... I live here)
5. The right real estate agent can hook you up with the right locations and explain all the process (I own a real estate office in the city, yes, shameless plug)
I would love to hear some of the other major questions and concerns.
Let me know why you are interested in Fall River. What's holding you back?
Most Popular Reply
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Angel Dejesus I definitely agree that now is a great time to get a foothold in the city.
It sounds like you need some better lenders, lol.
All of the local lenders that I work with are extremely optimistic about the cities growth and improvements right now.
If you are serious about investing in Fall River and getting some great return on investment, send me a private message.
I can get you hooked up with some of the best local residential and commercial lenders in the area!
Cheers to our success!!