All Forum Posts by: Gualter Amarelo

Have you considered investing in Fall River, New Bedford, Taunton, Brockton or North Attleboro! 

You are not alone and many of our members are currently invested in these great cashflow cities or are wholesaling and selling real estate in these cities and surrounding areas!

Investing is a people business. If there is something you don't have then there are likely just a few more connections you have to make and yes the training is amazing also, but the money is in the room!

I hope to see you there! text me with any questions you may have!

I just helped a client of mine close on a 3 Family in New Bedford for $240k that pulls in $2,700 Gross Rent per month.

Massachusetts is an expensive state when you look at Boston, but when you start to look at the SouthCoast in cities like Fall River and New Bedford where your average 3 family is selling between $240k-$310k there is still massive opportunity for cashflow.

Especially since rents are still on the rise and the average rent for both cities is getting between $850-$1000 rent per unit.

Where there is a will there is a way!

Cheers to YOUR success!

@Andrew Smith the south coast of Massachusetts and western Massachusetts still has some great deals on multifamilies as well as most of the major cities in Rhode Island such as Pawtucket, central falls, woonsocket and parts of providence.

Fall River, New Bedford, Worcester and Springfield are all viable markets for multifamily cashflow.

@Kris L. There are deals in every city across the country. The question to ask yourself is are you the right investor to find the right niche and the right team.

You can definitely buy something, you just have to be in touch with the right people.

@Andrew Smith solid question. I just put 21 units under agreement for $850k in Fall River, MA

It’s been a while since I have bought anything, but we should be closing in September.

The building currently pulls in $16k per month so we will see what the tenant issues are and where we can add value/increase rents.

Cheers to your success!

@Devon Moore I've been buying and owning in Fall River the last 7 years and have enjoyed the low cost of entry as well as a stable tenant pool and rising rents. If you are interested in learning more about the SouthCoast including Fall River, New Bedford, Taunton, Brockton you should join our South Coast Real Estate Investors Meetup on July 11th.

https://www.biggerpockets.com/forums/521/topics/721735-south-coast-real-estate-investors-meetup-fall-river

Get together with some great Real Estate Investors and learn some of the tricks of the trade!

Topics will include: how to increase your deals, how to raise private money, and how to find the right contractors, How to Get started buying your first property or How to Buy the next!

If you are looking to take your real estate investment to the next level or are a new investor looking to get started.

This networking and educational event is for you! Especially if you are ready to start investing on the SouthCoast!

If you are looking to Invest in the Fall River, New Bedford, Taunton, Brockton Markets this is the Event you will Want to Attend!

@Molly Armando Yes, the event is actually scheduled for 6pm tonight at the Eagle Event Center, located at 35 North Main St, Fall River, MA.

I am going to try to get this event corrected in BP, but the struggle is real, lol

Get together with some great Real Estate Investors and learn some of the tricks of the trade!

Topics will include: how to increase your deals, how to raise private money, and how to find the right contractors. If you are looking to take your real estate investment to the next level or are a new investor looking to get started. This networking and educational event is for you!

Get together with some great Real Estate Investors and learn some of the tricks of the trade!

Topics will include: how to increase your deals, how to raise private money, and how to find the right contractors. If you are looking to take your real estate investment to the next level or are a new investor looking to get started. This networking and educational event is for you!