Springfield, MA multi-family

[Brendan Garrity]

Hello BP,

Was wondering what people thought about investing in Springfield MA?  Prices are low and cash flows seem to be legit.  A lot of houses on the market seem to be more updated (Outside, inside, plumbing, electrical) compared to other lower price areas in Massachusetts or providence, RI.   I know that Springfield is not the best area, but I still think i'm gonna start investing there.   I own a small property management company in Boston and the surrounding areas.  If anyone is interested in management of their properties please let me know as well.  

[Nick Newsome]

 Hi All,

I currently own a tri-plex in Springfield, MA. Tenants are not section 8 and cash flow is legit.

Currently looking for my next property. Looking for value add properties, but anything worth buying on the MLS goes quick. So instead of competing on the MLS I am beginning to do some direct marketing to absentee and equity owners, as well as pre-forclosures.

I would love to form an investment group with a focus on 3-family or larger, buy and hold. If anyone is interested please contact me.