Lewiston Multi Market

[Chris Cyr]

Hi All - my partner and I own and self manage 26 units in Fall River, MA. We are buy and hold investors for cash flow. Appreciation is icing on the cake.  We are finding our market saturated. I would love any insight on the Lewiston Market. 

Are rents stable, in the rise or declining? Vacancy rates to expect? Turnover, etc. 

On the surface Lewiston and Fall River appear to me to be similar cities.

Tx!

[Eric Pierpont]

I'm a newbie and currently house hacking but I couldn't agree more with Cody. Lewiston feels like the slowest gentrification possible. It's crazy how quickly you can go from a decent neighborhood with beautiful architecture to crappy apartment buildings which are crumbling into the ground occupied by drug addicts.

I'll be looking for a PM company in the L/A area sooner rather than later. Has anyone here dealt with Schneider Property Management?