Investment in Rental Properties

[Jasvinder Singh]

Hello BiggerPockets,

 I am currently having three rental condos in Worcester county, Please advise me is it good time to look for new rental investment, I do track some multi-family condo's in Worcester, but I don't have any knowledge of maintaining such units, what are pros and cons of managing such units. Finally this is good time to look for new unit or I should wait.

Thanks

Jas

[Kyle Curtin]

Quote from @Jasvinder Singh:

Hello BiggerPockets,

 I am currently having three rental condos in Worcester county, Please advise me is it good time to look for new rental investment, I do track some multi-family condo's in Worcester, but I don't have any knowledge of maintaining such units, what are pros and cons of managing such units. Finally this is good time to look for new unit or I should wait.

Thanks

Jas

 Hi Jas! In my opinion, if the numbers/analytics and cash on cash on subject properties are desirable for your criteria, it does not matter what phase of the market we are in to buy/not buy. It may be more of a challenge in certain market conditions to achieve decent returns, but there are always diamonds in the rough to capitalize on! 

I just want to make sure I understand correctly, are you looking for additional investment condos in Worcester county to self manage/passively manage or multifamily buildings? 

I would love to hop on a call and chat more!

Thank you,

Kyle