Updated over 6 years ago on . Most recent reply

Thoughts on Lakes Region multi market
I’m currently targeting the Laconia, Tilton and Franklin market, and was wondering what local investors thoughts are on the area. Currently looking for multi family properties. I do know Meredith and Moultonborough areas are in need of affordable multi housing, but the prices there are too high for me right now. Laconia seems to show yearly slow growth. Also as a side note, I’m looking for an aggressive buyers agent to get my offers out there.
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I am not as familiar with Tilton or Franklin, but I do know the Laconia market has had some appreciation the last few years to bring prices back to what they were. The risk is just knowing this is seasonal area and will be subject to price drops as there are a lot of 2nd homes in the area. Limited multi-family units so may need to connect via some of the local meet-ups to see what experience others have had. Good luck