Calling ri investors

5 Replies

Hi all newbie over here I live n Massachusetts and property are quite expensive over here. I started looking n the Rhode Island (central falls , pawtucket, north East providence, Cranston) area those prices look more affordable, all I care is about cash flow . I would like to Connect to buy and hold investors in the ri area. Thank you

Welcome Lusi. I am an RI landlord in Pawtucket area. It is a pretty affordable place, but you do get some less than desirable people in some of the areas of Pawtucket and most of Central Falls. 

Welcome to BP and let me know if there is anything I can do to help you get started.

Originally posted by @Patrick Gleason :

Welcome @Lusi Capriles. I own some property in the Providence area. I agree with @Kevin Andrews , make sure you really do your homework before considering any deal.  I've had to deal with some pretty unique situations and I'm sure @Kevin Andrews can say the same.

Best of luck to you!

Can you share you stories please , I'm really interested n that area but wil like to meet maybe at panera to chat a little bit .

Welcome, I am a bit out of your area in Narragansett but like you I live in central MA.   I find Rhode island a good state to be invested in.  Its close enough to check things out personally so you can act more quickly.   I liked dealing with local banks,  trades people are available and you can get people to do good work. 

It does have a  few things like the out of state landlord registration that you need to be aware of if you buy and hold but its not much trouble and there is fair amount of potential. As it is such a small state always be aware of who knows who.

I wish you luck in your searches.

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

Lock We hate spam just as much as you

Join the Largest Real Estate Investing Community

Basic membership is free, forever.