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John Canty
  • North Quincy, MA
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Real estate investment newbie from Boston

John Canty
  • North Quincy, MA
Posted Jan 25 2015, 20:33

Hi, I am a mid-40s, full time software developer in the Boston area. Instead of letting our saving depreciate in bank, we would like to invest them in real estate to combat inflation while we can create extra cashflow by renting out the property. I was told a buy & hold of a multifamily property would best meet our financial need. With both our saving combined we *might* be able to purchase a modest two-family house without taking a loan. However, my sister is living outside of this country and my job has taken most of my time, so we might not have enough extra time to handle the house maintenance ourselves. So besides of seeking the property itself, we are also seeking advice if we are choosing the right vehicle to invest

In additions, I have noticed Boston has become a favorite among foreign student from China, which I would image a huge rental market is needed. I'm interested in going after that particular market

Looking forward to network with people in the Boston area as well

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