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Updated over 4 years ago on . Most recent reply

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Chelsea Owusu
  • Rental Property Investor
  • Boston, MA
4
Votes |
10
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Property Investor in the Boston Area

Chelsea Owusu
  • Rental Property Investor
  • Boston, MA
Posted

I am a new rental property investor looking to make connections in the state of Massachusetts. Don’t hesitate to reach out!

Most Popular Reply

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490
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398
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Brian J Allen
  • Real Estate Agent
  • Worcester, MA
398
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490
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Brian J Allen
  • Real Estate Agent
  • Worcester, MA
Replied

So true Andrew, There is so much money chasing Worcester right now, since rents have jumped so much over the last 3 years. This is depressing the CAP rates from 10% 3 years ago to about 6% now. But also keep in mind, Location and Quality are the big drivers of RENTS and QUALITY of TENANTS. If you are in poor access locations or you have lame/tired units, you will never get good tenants who will stay.

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