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Updated over 4 years ago,
Second Rental Property Search
Hey BP community!
I am a new investor that has recently purchased a three family rental property in Worcester, Massachusetts. Although I would love to purchase my second rental property in Worcester as well, the prices have recently sky rocketed. There is so much competition in that market right now. I have started to look at properties in Woonsocket and Providence Rhode Island, New Bedford, and Fall River while still also keeping an eye on the Worcester market. Should I just be patient and wait for a property that makes sense in Worcester? Or is it a good idea to invest in a rental property in a different city? Do you have any city recommendations? All advice is welcomed.
P.S. If anyone has any handymen recommendations I would greatly appreciate it!
- Dung Nguyen