Aloha everyone, I am a restaurant owner who has freed up enough time and money to now be investing in real estate. I am from Hawaii and own 1 rental property there. I also now live in Boston MA (yup it gets cold), survived the winter of 2015, and have purchased a 3 family property in MA. I am a realtor in both states and now am wondering what the best next step would be. I am leaning towards another 3 or 4 family property since cash flow is pretty good. If the right juicy flip came around, of course I would do that but they seem hard to come by in both MA and Hawaii. I will be reading and listening to a lot more information on BP!
Welcome to Boston. I myself worked in the restaurant industry for almost 10 years, kudos to you for being able to free up some time. You must have a remarkable staff to feel comfortable stepping away to take on investing. Best of luck on the search for your next property.
Hi Jiva, welcome to BP.
This is a great place to learn. Make sure to listen to all the BP podcasts, read the articles on the main blog and be active in these forums to learn a ton very quickly about any topic in real estate you want to know more about.
This is also a great place to meet people that can be assets to your business. Lots of great connections all over but we also have a very strong and active contingent here in MA on here so make sure to find them (Set up some keyword alerts to find out about local topics) and get connected.
Besides doing that on here make sure to get out to some of the many local investor events we have. You can check out the Eastern Mass REIA in Rockland and coming up towards the city you can look at the Boston REIA in Dedham and my personal favorite the Black Diamond meeting in Waltham. Lots of other options going South or if you want to go North of the city.
Thank you for the welcome ! Yes I have been listening to podcasts and doing a ton of reading. Ill be sure to get to the next event so I can start building my team. I have tons of connections in Hawaii but not quite here yet.
Yes the Restaurant business did consume my life as we all know about 18 hour days but now in Year 15 with 3 locations, running smooth so far....relatively :) I just know that Real Estate is the way to financial freedom.
Looking forward to meeting more people!
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