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Rhode Island Real Estate Q&A Discussion Forum

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Jim Burnard
  • Involved In Real Estate
  • Sutton, MA
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Any thoughts about Rhode Island for Buy and Hold?

Jim Burnard
  • Involved In Real Estate
  • Sutton, MA
Posted Jan 15 2015, 14:26

Hi Folks,

I'm in the process of building my knowledge and saving.  My goal is to work primarily with buy and holds with the occasional flip.  I was wondering if anyone had feedback on the RI market in general for buy and hold.  I know that the RE market in that state is not as strong as here in MA (where I am) and that appreciation is probably not something to count on.  But, because of that the entry price on many of the smaller multi's seems much more reasonable.  If you were looking for monthly cash flow would it make sense to look in this area?  I ask because I have "Rhode Island" set up as a keyword but almost never see anyone talking about it.  

Thank you for reading and any thoughts you are willing to give a newbie :) 

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