Newbies on the REI in Boston, Massachusetts.

12 Replies

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.

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.

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.

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