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Updated almost 9 years ago,
Member from Massachusetts
I am an investor from Massachusetts looking to purchase properties in two specific areas: Portsmouth, NH and Lynnfield, MA. My intent is to buy, renovate as needed, rent for five to fifteen years and then sell when market conditions are favorable. I am familiar with property values in these locations and I believe both are excellent rental markets for different reasons.
What is the best way to build a network of wholesalers for these two specific areas? Or, how can I best find undervalued properties? I have been working with agents and have had some limited success finding properties that are below market. In the past year, I have purchased and rented one property and I have another under agreement. Both were acceptable deals but I am looking to improve my process.
Thank you in advance for any advice you can share with me.