The disparity is even more alarming in Worcester, where median income has grown by 19.7 percent, while mortgage payments have surged a staggering 82.9 percent.It’s no surprise that home prices in Worcester have risen, but I didn’t realize the jump was so dramatic.What I’m seeing on the ground is that many of the buyers for multifamily homes (multis) in Worcester are coming from the east—places like Greater Boston.

She said she did and there is no debt on that..

If the property is sold at a loss, can you unwind a 1031 to off set the gain on the sale of initial property?

Check out other online guides available here: https://www.biggerpockets.com/guides3.

You need to be on the ground and get a feel for the block and neighborhood.

Self Storage rates are more in line at about 11-12%.Its a high risk asset class.

Hello, fellow RE family.I just completed my first flip in Sachse, TX (a suburb of Dallas) and only have a few final touches remaining, with the decision on SOD being a high priority.

The limiting factor was that each listing needs to be manually considered and that Bright MLS limits me to exports of 5,000 lines at a time.

However, the ROI on the cheaper house seems kinda low if I rent out the property as a whole.

I am willing to manage it on my own.If I sell, I can put it in an index fund or towards my current primary residence mortgage with an interest rate of 6.125%.