My husband and I have an opportunity to buy a multi-family in Rutland. The numbers work well, however, we have heard mixed things about this town/area, Anyone have any insight? Thank you in advance!!!
@Angie Briggs Are you looking to rent to students?
If the numbers work... then it should be a good deal!
Multi's are pretty rare in Rutland, the schools are good as well- I am guessing you are having property management in place since you are in Lynnfield, correct?
Patrick- I am not sure about that. I am trying to get a feel for the rental market.
Steve- The numbers do work pretty well but I've been told mixed things. I was just told it isn't a great town and nothing going on out there and someone else told me it was a great town and desirable. We do live in Lynnfield, so being on the Northshore, I am trying to do all of my homework. Do you know this town well and do you feel it would be an attractive place to rent. And yes, we do have a property management company in place. We also own a three family up in Salem, Ma that we use the management for as well.
Thank you for you input
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