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Updated about 4 years ago on . Most recent reply
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Property Investor in the Boston Area
I am a new rental property investor looking to make connections in the state of Massachusetts. Don’t hesitate to reach out!
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So true Andrew, There is so much money chasing Worcester right now, since rents have jumped so much over the last 3 years. This is depressing the CAP rates from 10% 3 years ago to about 6% now. But also keep in mind, Location and Quality are the big drivers of RENTS and QUALITY of TENANTS. If you are in poor access locations or you have lame/tired units, you will never get good tenants who will stay.