Cash Flowing Cities In Massachusetts

Many of us are investing locally, and You are naturally curious to watch the market trends and directions on a weekly basis. Nevermind that we are living during very unique times, each year Real Estate Multifamilies experience adjustments and shifts. Let's take a quick look at Worcester, New Bedford and Fall River, - The Gateway Cities of Mass as of THIS May, 2020.

A Few Trends that I am seeing:

• Worcester 3- Family Properties are best for flips since this target type offers the most inventory, great owner-occupied financing options, and high ARV.
• New Bedford is best for 5 Unit Families. There are less buyers for commercial buildings, therefore less competition and demand, less "per unit cost" and inventory is decent.
• Fall River is best for 5 and 6 Unit Families, considering the lowest "per unit cost" and high inventory to choose from.

This interpretation is based solely on the numbers and trends that are consistent.

These are tougher cities to invest in, but they have a much lower barrier to entry than Boston.

When you Call Me to chat about these markets, I will gladly share more research!

Thank you!

Darina Pogodina,