The rental real estate market

[Christopher James]

I have looked at many  rental investment properties and I continue to find really impressive rental units in New Hampshire, anything 1 hour outside of Boston, in areas of Maine, closest to the Seacoast and in areas in Western Massachusetts. It seems this market is on fire again like in 2006. I see Cap Rates at 8% or more and rental prices that are  respectable compared to Boston and the Boston Suburbs. I viewed last week a 77 unit rental complex for 7 Million, of that entire complex only one unit is vacant... Indeed there is a demand for good rental units

[Marc Middleton]

Originally posted by @Christopher James:

I have looked at many  rental investment properties and I continue to find really impressive rental units in New Hampshire, anything 1 hour outside of Boston, in areas of Maine, closest to the Seacoast and in areas in Western Massachusetts. It seems this market is on fire again like in 2006. I see Cap Rates at 8% or more and rental prices that are  respectable compared to Boston and the Boston Suburbs. I viewed last week a 77 unit rental complex for 7 Million, of that entire complex only one unit is vacant... Indeed there is a demand for good rental units

 Yes, I noticed that back in 2016. It was very common to find 10-12 caps in NH/ME so I guess now the prices went up and dropped them to 8 caps. 

NH would be better since ME is seeing an exodus vs an influx. 

But still, the sub-$1000/month places are still very very strong in both states, as are SFH in NH.