Where is our market going?

[Flavio Zanetti]

Title says it all: where is our Boston north / suburbs market going? 

We just placed an offer (21k above asking price of 449K) on a 4 family in very good condition (3 of the 4 units) in North Chelmsford and our offer was not the highest one.

Really tough to find properties that cash flow in this state! 

Just venting and wondering what other fellow investors BP members are doing in the area to overcome that?!?

[Patrick Wheeler]

@Flavio Zanetti I would assume the market is going to continue like this for a while and I don't flip or develop..

It sounds like this property was on the MLS. I'm assuming you already do some direct marketing, but just use this as a constant reminder to focus on reaching sellers directly.