Local Real Estate Networking
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
New Bedford or Worcester
I am new to investing and am looking to hit the ground running. I would like to find either a flip or BRRRR property nearby as my first (although I know BP teaches that this may not necessarily be the best strategy) and was looking for input on the Worcester area, as well as the southern MA, a.k.a Taunton, Fall River, New Bedford region. I had been looking at Worcester for a while for longer term MF rentals, but talking to an agent, she recommends looking into southern MA. Not sure if anyone has experience in these regions, but I would love some perspective.
Based on people I know who have lived in the Worcester area, it is a young professionals rental city. Definitely not high end rentals, but it seems the city is making an effort to improve (bringing the AAA Red Sox team in from RI).
I am not familiar at all with NB/FR/Taunton, but the properties definitely bring in lower rent than Worcester. However, looks like there may be flip/BRRRR potential in the region.