Updated almost 6 years ago on . Most recent reply

Looking at buying my first multi-unit in Lewiston ME
I'm hoping to soon buy my first investment property and have been looking at Lewiston ME. I'm interested to hear from current investors in the area about their vacancy rates and anything else they look out for in this area. I'm seeing a good number of multi-families for sale that appear to have good unit economics in terms of rent and cash-on-cash returns so I'd love to get some feedback on the market. Also, any insight into what percent of rent to allocate towards a good property management company would also be super helpful.