I'm looking to buy a 2, 3, or 4 family property in or around Nashua/southern NH to live in and manage in 2016. Currently learning as much as I can before I do that.
Welcome to the vibrant BP community. Ok, now that you have taken your initial step, below are some quick links to get engaged.
Since your REI interest lies in multifamily units, I added the below links for your review.
https://www.biggerpockets.com/renewsblog/2013/04/09/how-to-buy-a-small-multifamily-property/ (How to buy a smail multifamily property)
http://www.biggerpockets.com/renewsblog/2014/07/19/how-to-buy-a-duplex/ (guide to buying a duplex)
https://www.biggerpockets.com/renewsblog/2015/11/16/how-to-choose-areas-multifamily-deals/ (Choosing multi-family deals)
- How to Use @Mentions on BiggerPockets
https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)
REI can be very daunting, but, before you go searching for that 1st buy, please take a few minutes to bone up on the tips in link below.
REI books suggested by BPers
https://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REI)
Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.
Feast on the Podcasts, #askbp Podcasts, blogs and webinars
Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.
Hello Julius - I am in Nashua area as well, own a few Multis and am a Realtor with Weichert Realtors. While I think I "joined" many moons ago - I have not been active on this site at all. Got thinking about BP after listening to a couple podcasts. Going to schedule 15 minutes or so a day to get here, just to see what is going on.
The hello message from "Linval T" was phenomenal!!!! I plan on following some of his links to see what is what.
(per the podcasts - it was suggested to always say "hello") Give me a shout - and we can talk at lunch about stuff. Take care, tim.,.
Hello @Julius Hayden ! Welcome to BiggerPockets :)
From my experience in Nashua, your best bet would probably be to buy and live in a four family... its much more difficult to turn a profit when owner-occupying a two-family or three-family there. Though it does depend on the property and your financial situation of course.
I'm part of a real estate team that covers everything south of the Lakes Region. I'd love to help you reach your goal of investing in a multifamily in 2016. Feel free to reach out to me and I'd be happy to answer any questions you may have!
Also, welcome to BiggerPockets as well, @Tim Dolan ! Glad to have you on board and would love to connect with you.
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