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Updated almost 8 years ago on . Most recent reply

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Darin Holmes
  • Hampton Falls, NH
2
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Fall River MA Newbie

Darin Holmes
  • Hampton Falls, NH
Posted

Hello,

     Great to be a new member.  I'm living in New Hampshire but plan on moving to Fall River, MA next fall.  I am looking into purchasing a multi unit (2-4) house.  My wife and I would live in one unit and rent out the others.  I will be completely new to the real estate business and hope to avoid as many pitfalls as possible!  That's why I joined this site.  I am thinking that hiring a property manager would be the best approach as my wife and I both work full time.  Any thoughts?  I also am wondering about ongoing maintenance.  I was thinking that a few emergency call fees from the plumber or electrician could eat into profits quickly.  Do any of you hire or contract repair people on a long term basis and hopefully keep maintenance costs more manageable? Do the property managers assist with finding a good maintenance man?  Thanks in advance for any help or advice 

Most Popular Reply

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1,179
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Steve Bracero
  • Real Estate Agent
  • Westboro, MA
471
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1,179
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Steve Bracero
  • Real Estate Agent
  • Westboro, MA
Replied

@Darin Holmes Welcome to bp! It would be very important for you to look at the landlord tenant laws for Massachusetts.. It will help you decide if you want to self manage or hire a property management company 

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