Advice on Greater Boston Real Estate Market

[Ryan Drowne]

I'm currently in the research phase scouring the Greater Boston market to try and get an idea of what area I should be focusing on for my first investment. I plan on doing a house hack on a small multifamily home using the buy and hold strategy. As I work in downtown Boston, I am definitely looking for something accessible and near public transportation. So far I've been researching the Quincy, Malden, East Boston and Revere markets as they seem to fit the criteria I have been looking for, in terms of affordability and accessibility to the city. Any advice as to where I should concentrate my efforts? Thanks for your time!

[Account Closed]

@Ryan Drowne @Mike Hurney

I lived on Walnut Street near Winthrop and Cross Street and nearby is an elementary school. The area I lived in is most definitely not coming back, if anything it is getting worse. Multiple and reoccurring heavy drug activity, some gang activity and quite a bit of homeless people and drunks. I moved out when someone got shot, literally in the face. 

Pics below are when I called in a potential disturbance, they responded with no less than 4 cop cars, not a good sign. One heavily and ganged tattoo guy scoping down the street where other drug dealers were. And the other one some guy passed out drunk on a sunday morning. This was all within sight of my apartment. 

It is worthy to note that there is a casino being constructed in nearby Everett which borders Malden, something to research and how it might affect this town.