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Updated over 8 years ago on . Most recent reply
County dynamics for Multifam - What strategy to use and when?
I recently pulled median sale prices for multifamily properties in several counties in MA from MLSPin. The data is grouped by year and spans the last 10 years. Based on what I see, it seems Norfolk, Essex and Middlesex counties are experiencing the most growth while Bristol, Hampden and Franklin counties are basically still struggling to recover from the crash.
Wholesalers - what's your experience working in the higher-growth counties vs the others? Are deals harder to come by?
Buy & Hold investors - what strategies/reasons do you have that lead you to choose one county over the other? Particularly interested in folks investing in the lower-growth counties: What makes it so appealing? Any government/social-assistance programs beneficial to investors?
Thanks in advance!
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Originally posted by @Miguel M.:
I recently pulled median sale prices for multifamily properties in several counties in MA from MLSPin. The data is grouped by year and spans the last 10 years. Based on what I see, it seems Norfolk, Essex and Middlesex counties are experiencing the most growth while Bristol, Hampden and Franklin counties are basically still struggling to recover from the crash.
Wholesalers - what's your experience working in the higher-growth counties vs the others? Are deals harder to come by?
Buy & Hold investors - what strategies/reasons do you have that lead you to choose one county over the other? Particularly interested in folks investing in the lower-growth counties: What makes it so appealing? Any government/social-assistance programs beneficial to investors?
Just a matter of time until the investment money spills over into those other counties brother. Hopefully it does : )