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Updated almost 5 years ago,
Looking for Advice in Boston area
Hi there!
New in town & tired of renting! I am a hotel manager, and have been for a long time. I’d like to try my hand at being land lord as well. I’d just like to possibly meet an agent, or better yet, friends and a community! I love talking shop & it seems some of my experience seems to translate!
Rather than getting super hung-up on price. We have been laser-focused on potential Cap Rate & NOI. We have funds to rehab, but don't want to bite off more than we can chew with deep rooted issues.
Specifically been eyeing Chelsea, Quincy, areas of Dorchester, south Boston, and possibly Salem.
To make the numbers work, it seems as though duplex is out of the question in the area while turning a live-in profit? We have been eyeing triplex mostly. If we are in the smallest unit, I only see that being in our favor!
Thank you in advance!!