It’s in the Berkshires (western Massachusetts).

Massachusetts  

Hello All,My cousin and I partnered up and purchased our first rental property in western Massachusetts.

i use berkshire bank, it's a more local/regional bank in MA that i've been with for like 15 years for personal & both businesses. i like that i can walk in and everyone knows me, anytime i have an issue, which i just about never do. i actually didn't know stessa was a bank, i thought they were just a bookkeeping software!

Purchase price: $825,000 Cash invested: $41,250 May 2022: We bought a single family home with an ADU north of Boston in the town of Wakefield MA.

I chose to start with SFH just because I felt it won't be overwhelming and with it, any mistakes I make won't be that fatal.I am based in MA and looking to invest in MA and neighboring states as NH, RIOne other question I have is - what does it mean to get my finances tied up and ready to go?

Since LLCs don't do much (perhaps some wealth transfer within the OA or rules of the road with multiple members), they might not be worth it in high-fee states such as CA, MA and others.

Median price: $635,000, +7.99% Yoy.Closed Sales: 2,842, +9.14% Yoy.12 Month Closed Sales: 37,709, -16.26% Yoy.YTD Closed Sales: 9,389, +2.08% Yoy.Inventory: 4,429, +.093% Yoy.YTD Inventory: 15,402, -12.37% Yoy.New Lis...

Fitchburg Listing Inventory has remained flat for the first quarter of the year, below the previous year with Sales matching near half the previous year over the last 2 months. Market Supply remains relatively flat ma...

We tend to see rent by the room more common for students around universities in MA at least.