New Investor to the Boston area, Massachussets!

7 Replies

Hey, what's up Biggerpockets family?! I've just moved to the Boston area as I continue to work my profession in the US Air Force. I'm new to the real estate investing world and am looking to purchase my first property. 

Just returned from Afghanistan in April, and I spent some of my time over there self-educating through BP and books. I'm excited to surround myself with like-minded investors in the area who are also working to pursue financial freedom/ increase income via investing in assets. 

Hit me up! Looking forward to connecting with you all!

-Sergio Sierra

Originally posted by @Steve Bracero :

@Sergio Sierra

Welcome to bp! the podcasts are a great start as well as the books, do you plan on getting started in multi family?

 Hey Steve! I'd love to get started by house hacking in a multi family but that seems easier said than done in the Boston market? Trying to stay open to whatever strategy can work out here!

@Sergio Sierra Anything inside RT 128 is very expensive. 

Right now, the average 3-plex in Boston is listed at $1,293M, where the average 3-plex in Plymouth County is listed at $513K and Bristol County at $286K.

So my advice is to look to the south.

Originally posted by @Charlie MacPherson :

@Sergio Sierra Anything inside RT 128 is very expensive. 

Right now, the average 3-plex in Boston is listed at $1,293M, where the average 3-plex in Plymouth County is listed at $513K and Bristol County at $286K.

So my advice is to look to the south.

 @Charlie MacPherson I'm definitely open to other areas that are more target rich environments. Do you work properties down further south? Any town that come to mind? I had always looked to the north (Lowell and Nashua), but I'll have to look further south now too. Worcester also looks to have some appeal.

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