Hi everyone. My name is Vlad, and I’m a newbie on the REI in Boston, Massachusetts. Trying to figure out, which strategy to choose? I prefer buy and hold(for rent). Which area in Massachusetts is better for this strategy in your opinion? I will very appreciate any advice and if there are any newbie or experienced RE investors in Boston, who interested, I would glad to meet somewhere and talk about today’s economy and RE market. Thank you in advance.

Vlad.

Good luck with your search. 

Boston is a very tight market in terms of the rental income. I'd also suggest you look at investing out of state. 

Hi @Vladimir Kononenko , it might be a good idea for you to attend your local REIA to talk to local investors about what's best to do in MA.

@Vladimir Kononenko I'd be happy to meet for coffee if you would like.  I've already helped several BP'ers with both the purchase and sale of properties and I know the Boston-south market very well.

Welcome to BP @Vladimir Kononenko ! Where abouts in Boston are you? I went to college a few minutes from fenway. 

Like others mentioned, if the Boston market feels hot, it's because it is! 

@Vladimir Kononenko Welcome to BP! If you prefer buy and hold, I would suggest looking at properties a certain radius outside the city for deals. Furthermore, I would focus on distressed properties that you can BRRR. That's essentially what I'm doing right now, while flipping anything that doesn't make sense to hold.

@Vladimir Kononenko

Welcome to BP! 

Originally posted by @Patrick Wheeler :

@Vladimir Kononenko Welcome to BP! If you prefer buy and hold, I would suggest looking at properties a certain radius outside the city for deals. Furthermore, I would focus on distressed properties that you can BRRR. That's essentially what I'm doing right now, while flipping anything that doesn't make sense to hold.

Thank you for the good advice!

Originally posted by @Filipe Pereira :

Welcome to BP @Vladimir Kononenko! Where abouts in Boston are you? I went to college a few minutes from fenway

I live near Boston college, in Brighton. 

Welcome to BP @Vladimir Kononenko ! I would be happy to talk to you about my experience and answer any questions you have about REI in the area. Let me know!

Vladimir Kononenko happy to chat as well.. !