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Updated over 4 years ago on . Most recent reply
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Multi Family in New England
I currently live in Playa del Carmen, Mexico and am cashing out my portfolio here to invest in Multi-family in the US. I am originally from Rhode Island (our market is horrible) however I know the New England area well. Looking to acquire Multi family (2-4 unit residential or 10-20 Unit commercial) somewhere in New England, are there any emerging markets in the area that you are seeing affordable prices, high growth rate, affordable taxes, stable rent rates with room for growth, pop growth and Owner friendly ? I would like to start my search in this area as I am most familiar with the lay of the land and I have access to the Core 4. Anyone having success in the multifamily sector ?
Most Popular Reply
While currently living and working in Philadelphia, I am pretty partial toward Boston. I also grew up in New England (CT) and loved going up to Boston and the Cape while growing up. Long term I'd love to move up there as it has the best market in New England. If you're looking for lower entry costs though, I wouldn't count Philly out. While I'm not originally from here, I love the market and the opportunity for investors of all stripes.