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Updated over 7 years ago on . Most recent reply

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82
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16
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Darina Pogodina
  • Realtor
  • Fall River, MA
16
Votes |
82
Posts

Does anyone owns rental property in Fitchburg MA?

Darina Pogodina
  • Realtor
  • Fall River, MA
Posted

Does anyone own rental properties in Fitchburg MA or knowledgable about rental market in there. Please share your experience and if you have been successful in this area. Thank you for any information in advance.

Most Popular Reply

User Stats

4
Posts
3
Votes
Lauren Brown
  • Investor
  • Georgetown, MA
3
Votes |
4
Posts
Lauren Brown
  • Investor
  • Georgetown, MA
Replied

Hi @Gina S. we do not use property management at this point in time. We have two in the "nicer" area of Fitchburg so we can attract slightly better tenants but we also get a lot of less desireable trying to get out of the bad sections. You have to do your due diligence and thoroughly screen. We have gone years with no turn over and no tenant issues and then there are times where we just didn't make a great choice because a unit was vacant for too long and then your paying for it with complaints. You can make good money in Fitchburg but you are in a lower income area so you have to be prepared for that. Also, if you have a good location and really nice units you will be able to attract better tenants to the area. It's getting hard for us to manage them on our own now because we have two small kids and live about an hour away. We may be looking into a management company soon. Good luck! Laure

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