Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Massachusetts Real Estate Q&A Discussion Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

37
Posts
4
Votes
Miguel M.
  • Rental Property Investor
  • Lynn, MA
4
Votes |
37
Posts

County dynamics for Multifam - What strategy to use and when?

Miguel M.
  • Rental Property Investor
  • Lynn, MA
Posted

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!  

Most Popular Reply

User Stats

185
Posts
67
Votes
Joshua Poitras
  • Real Estate Agent
  • Lowell, MA
67
Votes |
185
Posts
Joshua Poitras
  • Real Estate Agent
  • Lowell, MA
Replied
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 : )

Loading replies...