Massachusetts or South New Hampshire?

Question

Hey guys! So I'm about to start getting in touch with a realtor so I can start looking for a property to begin renting. I live in MA but I've heard horror stories about renting in my home state. I've heard NH is more land lord friendly. Should I not even consider looking in MA and just focus on NH markets? Or is it not as bad as it seems if you have experience and know what you're doing? Thanks!

Lien Vuong · Answer

I own properties in both states and I didn't see a large difference in the tenant process of either one. For me it still comes down to the deal rather than the state. I am still open to NH and MA properties.

NH has much higher property tax and lower rents but a more landlord friendly state in terms of eviction process. MA has high appreciating properties, generally a better selection of tenants but higher entry cost for purchasing your first property.

Feel free to reach out to me privately, happy to share my experience of owning in multi states.

Dieggo Goncalves · Answer

Im completely new. NH is more landlord friendly, but in MA i believe theres more potential for property appreciation. I think it all comes down tenant screening, throughly understanding the landlord-tenant laws and being strict on your screening process.

Best of luck.

Dieggo Goncalves

Sean LeBlanc · Answer

Hi Diego,

Being on the state line between NH and MA  I work with a lot of buyers who are pondering the same question. The landlord laws should be a major consideration, especially the eviction process in NH vs Mass.

Your investment philosophy will be the most important factor, if you are looking for cash flow, you are generally more likely to find that in NH right now. If you are betting on appreciation, the greater Boston area may be your best bet, but I would do a lot of research to figure out where you think we are now in the current market cycle, considering  many experts warning of a correction in the near future.

Let me know if I can help out.

Thanks!

Massachusetts or South New Hampshire?

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