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Updated over 2 years ago,
Best cities for a first-time multifamily house hack? (Newbie)
Hey all! My name is Peter and I'm a newbie from Cape Cod.
I'm getting ready to take the plunge. Specifically, I'm looking to house hack with a multifamily. Don't know much about the North Shore, so I'm looking south and west.
Places I'm looking:
- New Bedford (they're building a commuter rail)
- Fall River (Amazon built a facility)
- Greenfield (Cool spot and decent location)
- Worcester (Great triple-deckers)
- Springfield
Things I do know:
- Good deals are hard to find right now, but not impossible
- MA laws are tricky and tenant-focused, but with scrupulous tenant screening, I will be fine.
- Multifamilies are hard to come by in Plymouth, Middleboro, etc
Honestly, any advice would be so greatly appreciated! I don't know what I don't know.
If anyone knows anything about these markets in 2022 or knows about any meetups/local REI groups I'm all ears.
Chatting with a mortgage lender tomorrow. So ready to make this thing happen!