Apsiring RE Investor // Western, MA & Northern, CT

Apsiring RE Investor // Western, MA & Northern, CT

Jeremy DuganPro Member
New to Real Estate · Springfield, MA · Member since 2024 · 8 posts · 14 votes

I am a US Air Force and Massachusetts Air National Guard veteran with 20-years of experience as a military Civil Engineer. In previous roles, I was responsible for the asset management, capital improvement, repair, and maintenance of an ANG Fighter Base worth over $400M. I'm an experienced project manager with hundreds of cradle-to-grave efforts under my belt, including building project scopes and budgets, evaluating contract proposals, and managing construction to maintain the delivery of high quality products on-time and in budget.

Penny is a licensed clinical social worker (LCSW), serving the community mental health needs of parents, children and families.

We both recognize we have an immense opportunity to serve our community and want to capitalize on the blessings we have been provided so that we can continue serving our neighbors.

My wife, Penny, and I are looking to transition into commercial multi-family real estate in 2025. By 2030, we want to have grown a portfolio of over 100 units, created a property management company that manages an additional 100-200 units, and, finally (and most importantly), we will have established a non-profit that is focused on quality, affordable housing that specializes in providing housing and resources at/on the "services cliff" alongside financial counseling and first-time home buyer education in our target area.

Our target area is the Springfield, MA and Hartford, CT areas with dreams to expand to Central Massachusetts (Worcester, MA), Southern New Hampshire (Nashua, NH), and Southern Connecticut (New Haven, CT).

Would love to meet up with likeminded individuals in our area!

Merry Christmas & Happy Holidays all!

Jeremy

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Investor · AR · Member since 2020 · 10 posts · 9 votes
1y
Quote from @Jeremy Dugan:

I am a US Air Force and Massachusetts Air National Guard veteran with 20-years of experience as a military Civil Engineer. In previous roles, I was responsible for the asset management, capital improvement, repair, and maintenance of an ANG Fighter Base worth over $400M. I'm an experienced project manager with hundreds of cradle-to-grave efforts under my belt, including building project scopes and budgets, evaluating contract proposals, and managing construction to maintain the delivery of high quality products on-time and in budget.

Penny is a licensed clinical social worker (LCSW), serving the community mental health needs of parents, children and families.

We both recognize we have an immense opportunity to serve our community and want to capitalize on the blessings we have been provided so that we can continue serving our neighbors.

My wife, Penny, and I are looking to transition into commercial multi-family real estate in 2025. By 2030, we want to have grown a portfolio of over 100 units, created a property management company that manages an additional 100-200 units, and, finally (and most importantly), we will have established a non-profit that is focused on quality, affordable housing that specializes in providing housing and resources at/on the "services cliff" alongside financial counseling and first-time home buyer education in our target area.

Our target area is the Springfield, MA and Hartford, CT areas with dreams to expand to Central Massachusetts (Worcester, MA), Southern New Hampshire (Nashua, NH), and Southern Connecticut (New Haven, CT).

Would love to meet up with likeminded individuals in our area!

Merry Christmas & Happy Holidays all!

Jeremy




Welcome, Jeremy and Penny! Wow, your background and vision are incredible. Jeremy, your experience as a military civil engineer and project manager is so impressive—I’m sure all that expertise will be a huge asset as you dive into commercial real estate. And Penny, the work you do as a social worker is so meaningful. It’s clear you both have such a passion for serving others, and I love how that’s at the heart of your real estate goals.

Your plans for 2025 and beyond are so inspiring. Building a portfolio, starting a property management company, and creating a non-profit focused on affordable housing and financial education—what a powerful way to give back to your community! I have no doubt you’re going to make a huge impact in the Springfield and Hartford areas, and I can’t wait to see you grow.

This is a great place to connect with people who share your values and goals. Don’t hesitate to reach out if there’s ever anything you need or want to chat about. Wishing you all the best on this exciting journey—and happy holidays to you both!


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  • Investor · AR · Member since 2020 · 10 posts · 9 votes
    1y
    Quote from @Jeremy Dugan:

    I am a US Air Force and Massachusetts Air National Guard veteran with 20-years of experience as a military Civil Engineer. In previous roles, I was responsible for the asset management, capital improvement, repair, and maintenance of an ANG Fighter Base worth over $400M. I'm an experienced project manager with hundreds of cradle-to-grave efforts under my belt, including building project scopes and budgets, evaluating contract proposals, and managing construction to maintain the delivery of high quality products on-time and in budget.

    Penny is a licensed clinical social worker (LCSW), serving the community mental health needs of parents, children and families.

    We both recognize we have an immense opportunity to serve our community and want to capitalize on the blessings we have been provided so that we can continue serving our neighbors.

    My wife, Penny, and I are looking to transition into commercial multi-family real estate in 2025. By 2030, we want to have grown a portfolio of over 100 units, created a property management company that manages an additional 100-200 units, and, finally (and most importantly), we will have established a non-profit that is focused on quality, affordable housing that specializes in providing housing and resources at/on the "services cliff" alongside financial counseling and first-time home buyer education in our target area.

    Our target area is the Springfield, MA and Hartford, CT areas with dreams to expand to Central Massachusetts (Worcester, MA), Southern New Hampshire (Nashua, NH), and Southern Connecticut (New Haven, CT).

    Would love to meet up with likeminded individuals in our area!

    Merry Christmas & Happy Holidays all!

    Jeremy




    Welcome, Jeremy and Penny! Wow, your background and vision are incredible. Jeremy, your experience as a military civil engineer and project manager is so impressive—I’m sure all that expertise will be a huge asset as you dive into commercial real estate. And Penny, the work you do as a social worker is so meaningful. It’s clear you both have such a passion for serving others, and I love how that’s at the heart of your real estate goals.

    Your plans for 2025 and beyond are so inspiring. Building a portfolio, starting a property management company, and creating a non-profit focused on affordable housing and financial education—what a powerful way to give back to your community! I have no doubt you’re going to make a huge impact in the Springfield and Hartford areas, and I can’t wait to see you grow.

    This is a great place to connect with people who share your values and goals. Don’t hesitate to reach out if there’s ever anything you need or want to chat about. Wishing you all the best on this exciting journey—and happy holidays to you both!


  • Johnny LynumPro Member
    Investor · Leesburg, VA · Member since 2018 · 233 posts · 92 votes
    1y

    Hey Jeremy and Penny, that’s a great mission you’re on! I'm from Leesburg, an active-duty Air Force member, too (retiring soon). I started with some SF, flips here and there, before transitioning to commercial MF. You’ve got the leadership, the know-how, and the heart to really make an impact. I love the idea of building something that not only turns a profit but also lifts up the community. Count me in—would love to link up, share ideas, and see how we can tackle this together. Aim high, and have a great holiday season, brother!

  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    1y
    Quote from @Jeremy Dugan:

    I am a US Air Force and Massachusetts Air National Guard veteran with 20-years of experience as a military Civil Engineer. In previous roles, I was responsible for the asset management, capital improvement, repair, and maintenance of an ANG Fighter Base worth over $400M. I'm an experienced project manager with hundreds of cradle-to-grave efforts under my belt, including building project scopes and budgets, evaluating contract proposals, and managing construction to maintain the delivery of high quality products on-time and in budget.

    Penny is a licensed clinical social worker (LCSW), serving the community mental health needs of parents, children and families.

    We both recognize we have an immense opportunity to serve our community and want to capitalize on the blessings we have been provided so that we can continue serving our neighbors.

    My wife, Penny, and I are looking to transition into commercial multi-family real estate in 2025. By 2030, we want to have grown a portfolio of over 100 units, created a property management company that manages an additional 100-200 units, and, finally (and most importantly), we will have established a non-profit that is focused on quality, affordable housing that specializes in providing housing and resources at/on the "services cliff" alongside financial counseling and first-time home buyer education in our target area.

    Our target area is the Springfield, MA and Hartford, CT areas with dreams to expand to Central Massachusetts (Worcester, MA), Southern New Hampshire (Nashua, NH), and Southern Connecticut (New Haven, CT).

    Would love to meet up with likeminded individuals in our area!

    Merry Christmas & Happy Holidays all!

    Jeremy


     Congratulations - I grew up in that area and cost of housing has skyrocketed while incomes have not, so there definitely is a need for affordable housing in that area (as well as pretty much everywhere else)

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  • Tyler MunroePro Member
    Boston, MA · Member since 2017 · 89 posts · 42 votes
    1y
    Quote from @Jeremy Dugan:

    I am a US Air Force and Massachusetts Air National Guard veteran with 20-years of experience as a military Civil Engineer. In previous roles, I was responsible for the asset management, capital improvement, repair, and maintenance of an ANG Fighter Base worth over $400M. I'm an experienced project manager with hundreds of cradle-to-grave efforts under my belt, including building project scopes and budgets, evaluating contract proposals, and managing construction to maintain the delivery of high quality products on-time and in budget.

    Penny is a licensed clinical social worker (LCSW), serving the community mental health needs of parents, children and families.

    We both recognize we have an immense opportunity to serve our community and want to capitalize on the blessings we have been provided so that we can continue serving our neighbors.

    My wife, Penny, and I are looking to transition into commercial multi-family real estate in 2025. By 2030, we want to have grown a portfolio of over 100 units, created a property management company that manages an additional 100-200 units, and, finally (and most importantly), we will have established a non-profit that is focused on quality, affordable housing that specializes in providing housing and resources at/on the "services cliff" alongside financial counseling and first-time home buyer education in our target area.

    Our target area is the Springfield, MA and Hartford, CT areas with dreams to expand to Central Massachusetts (Worcester, MA), Southern New Hampshire (Nashua, NH), and Southern Connecticut (New Haven, CT).

    Would love to meet up with likeminded individuals in our area!

    Merry Christmas & Happy Holidays all!

    Jeremy


     Awesome vision! Glad you laid it out there in writing, you're manifesting it! You should find a lot of resources on BP but I think the most useful people to talk to would be MF builders and local officials in your target areas. Builders can give you some sense of cost and project scope and local officials can let you know if any grants exist for affordable housing, re-zoning efforts, etc. I'm by no means an expert in this, but you may want to check out the LIHTC if you're considering bigger builds.

  • Brett MerrillBusiness Member
    Rental Property Investor · Ludlow, MA · Member since 2016 · 114 posts · 48 votes
    1y

    Hi Jeremy,

    Merry Christmas and Happy New Year to you and Penny. Your top-notch experiences and resume will provide you with a strong foundation in real estate investing. 

    My wife, Brittany, and I also own and self-manage several units in the Springfield area. She was also an educator serving our community and now we are both Realtors in MA/CT.

    We are seeing on-market and off-market Multifamily and commercial opportunities popping up frequently. 

    You two are going to do great things. Cheers to a successful 2025!

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