Boston area real estate investing

[Mack Perez]

Hey BiggerPockets, I am 21 years old from the Boston area and am extremely motivated to becoming a real estate investor here in Boston. I have gotten a lot of feedback from many different people about not investing in Boston because of the high costs. But I am determined to make it work no matter what kind of different strategies it takes, (if the numbers make sense). One way I want to step foot in the game is by offering my time helping any local investors in my area with anything they need. I really just want to learn as much as I can and absorb real life experience from someone already doing what I want to do. By offering my services I just want to be able to intake as much information as I can from people already doing what I am interested in so I can gain the confidence I need to do it myself. All the books in the world won't get me over the hump of doing it out my own and starting off. Do you guys have any suggestions on how I should get over the hump of starting off my real estate investing career. I do not want to get stuck over educating myself and find myself not ever doing my first deal. Any and all advice is very much appreciated ! Thank you in advance

[Account Closed]

@Mack Perez

I have researched the Boston area for the past year and it's extremely competitive, with a low inventory, high prices and bad price-to-rent ratios, you get the picture. That doesn't mean there are not still deals out there, you just have to put the effort and creativity into finding them whether you are planning to do flips or buy and holds or whatever you decide to pursue. You will find a lot of deals are most likely being made off the market. 

Set up keyword searches in areas you would be interested investing in and you will be able to see what challenges and successes people are having in those areas. 

Feel free to reach out with any questions, I'll be glad to try to answer them. 

Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts
(I know you said books won't get you over the hump but this one is useful for the different types of investments you can pursue and other info) Read Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing