Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
New Member Introductions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

9
Posts
3
Votes
Frank Rosatone
  • Malden, MA
3
Votes |
9
Posts

Hi! New Member from Massachusetts

Frank Rosatone
  • Malden, MA
Posted

I'm excited to join and I look forward to making friends in this area of business.

My interests are with smaller multi-family units and building long term passive income as I start planning for retirement. One of my goals is to demonstrate success in this business so my children can feel confident that they too can pursue their dreams and build a solid financial future. 

Most Popular Reply

Account Closed
  • Medford, MA
44
Votes |
85
Posts
Account Closed
  • Medford, MA
Replied

@Frank Rosatone

Welcome. 

Malden is selling at retail and above asking prices however be wary of certain parts due to criminal, gang and drug activity. Tenant screening is key. 

The great thing about multi-families in that area are if you don't plan on living in the property you can fully rent out a 2 or 3 family house and the rent collected from those units will pay off the mortgage and then some if the financial analysis is sound with the property. 

I'm getting my real estate license as well and will have mine beginning of December. 

Good luck. Feel free to contact me to bounce ideas off each other or share information. 

Loading replies...