What REI field do I want to do??
not go through. Why is this? Because the supply and demand of the area is so emmense, a house in foreclosure can easily be sold in the amount of time needed on MLS.
Multifamiles are a good way to go in this area, only because, people want to live in the area, and many are willing to rent. This is a good opportunity for you to buy buy buy with the multi's, and take your cash flow.
Rehabbing is also a good idea in a market such as this. Find a "ugly" home, fix it up, and sell it for a profit. I see many rehabbers in Massachusetts, only because its one of the best fields in Massachusetts today as far as REI is concerned.
So before you anwser that question of, "what should I do?" Take a minute to evaluate your market, and its conditions, and if your not sure, just ask someone on here what they thing you should do, once all is said and done.
Happy Investing
Multifamiles are a good way to go in this area, only because, people want to live in the area, and many are willing to rent. This is a good opportunity for you to buy buy buy with the multi's, and take your cash flow.
Rehabbing is also a good idea in a market such as this. Find a "ugly" home, fix it up, and sell it for a profit. I see many rehabbers in Massachusetts, only because its one of the best fields in Massachusetts today as far as REI is concerned.
So before you anwser that question of, "what should I do?" Take a minute to evaluate your market, and its conditions, and if your not sure, just ask someone on here what they thing you should do, once all is said and done.
Happy Investing
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