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HomeForumsBuying & Selling Real EstateInvesting in Homes near new Casino?
Daniel Morgan's profile image
Daniel Morgan's profile image
Daniel Morgan
  • Real Estate Investor
  • from Springfield, Massachusetts
  • Member since Mar 16, 2014
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Daniel Morgan's profile image
Daniel Morgan's profile image
Daniel Morgan
  • Real Estate Investor
  • from Springfield, Massachusetts
  • Member since Mar 16, 2014
Connect
Daniel Morgan
  • Real Estate Investor
  • Springfield, MA
8
Votes |
39
Posts
Buying & Selling Real Estate

Investing in Homes near new Casino?

Daniel Morgan
  • Real Estate Investor
  • Springfield, MA
Posted Jan 31 2015, 07:06

Hi Bpers

I live/invest in the Springfield MA area and this spring they are starting  building MGM Grand Casino in the downtown area. Its suppose to rejuvenate the downtown area with shops/attractions and amenities ect..  It should be complted by 2017

I was wondering if its a smart ideal to invest in rental property (duplexes/triplexs) near the area? will the market value increase or decrease with the casino there? The area is C/D area at the moment but i was wondering if it would increase due to the redevelopment... Any seasoned investors in the area feedback would be greatly appreciated

thanx

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