Boston's North Shore

[Kevin Belyea]

Hi Guys,

This is my first post so I'll start with a little bit about me:

I am a 23 yo college graduate and work as an engineer for a medical device company. I live in a suburb just twenty minutes north of Boston and have plans on investing in this area. Realistically, my plan is to save my money for the next 1 1/2 - 2 yrs and find a multi family around here that I could house hack. I do have enough saved now to get involved in real estate, but I want to focus on decreasing my student loans for now as I am living with my parents rent free. In the long term I want to continue to buy and hold rental properties to supplement my earned income.

[Dan K.]

Welcome Kevin.

Paying down debts is always good. You may want to look at refinancing your college debts if you don't already have the lowest possible rate.

Additionally, if you're rent free now and can find a multi-family that is cash flow positive maybe now is the time to start investing. Then when you're ready to move out you have somewhere to move to.