Where to invest in Massachusetts in 2020?

[Emily Lowe]

Hi everyone! I'm really new to real estate (and BP), but have saved up enough to hopefully make my first purchase by the end of this year. I was wondering if anyone else is thinking of doing the same, and what type of strategy you're going for / what neighbourhoods? I'd prefer to stick to MA simply for proximity being a first investment! Happy to be part of this community, and thanks in advance everyone! 

[Michael Guay]

@Jason Bee My business partner and I @Ethan McRae are in the same situation. We're looking to house hack a 3-family north of Boston as the number seems to work best in this area (Lynn especially). Really hard to cash flow in anything other than a 3-family. The competition is fierce right now with low supply and we're frequently seeing cash buyers putting in offers way over asking so it's making things a bit difficult. 

All properties we do see that actually cash flow are in very rough areas or need considerable work. We're still looking every day and have in one offer on an off-market 3-family in Lynn.