All Forum Posts by: Joe Pham

so i am new to the real estate game and at first was thinking about investing in residential, but as i did more research,  commercial really caught my interest. The long term leases and autonomy of tenants is a couple of things i like about them. 

So my question really is are there any commercial investors in the boston area or even in general that could give me tips on landing my first deal? I know commercial is expensive and would like to know tips for financing and finding good deals etc. 

 yeah i'm in the south end of boston. let me know when you would like to meet up. my contact info is on my profile page

Hey BPers, my name is Joe and I'm super passionate about RE and really want to get started in investing. But fear is holding me back from getting started and so i'm looking for a partner and or mentor to bounce ideas off of and walk with me through this life changing venture.

I'm interested in only buy and hold for now but may be open for other avenues later on. i know MA is a tough area to get started in real estate but there's gotta be good deals somewhere in this state

timeline

End of 2015- buy 1st multi unit property with positive cashflow

Early 2016- look for 2nd, bigger unit

Rest of 2016- invest in at least 2 multi units for the year and create at least 4k in net cashflow. 

I would actually love to partner up with someone for these deals and as far as how many units, trying for 20 total for the year. All within an hour from the city

thanks for all the great feedback guys i will definitely keep them in mind. to answer some of your questions though, i'm looking to invest in buy and hold properties. cashflow is my #1 priority. also, in terms of financing it i would either do a conventional loan or private loan on top of what i have saved up.

also, is there a section on this site where i can find potential partners and or mentors? i'd like to have someone to bounce ideas off of and walk through the first big deal with me

Hey BPers, my name is Joe and I am super passionate about real estate. i've literally listened to all the podcasts and read a lot of the forum blogs. you guys are great! i'm new but i really want to get started, hence me coming here. so how do i go about finding my first deal?