Out of State Investing: the Pros, the Cons, and in between - Worcester MA Black Diamond Tues 9/16

[Ann Bellamy]

We’ve all been intrigued by the promise of the great returns you can achieve by investing in other areas.  The Massachusetts market is not known for great cash flow so what happens when you venture out of the area?

We’re going to highlight 4 different experiences in 4 different geographies, including buy and hold, and flipping.  This is not an advertisement for any of these locations or methodologies, but an exploration of what really happened in these 4 scenarios.  Draw your own conclusions and make your own decisions on what is right for you, when you’ve had a chance to ask questions of all the presenters.

You will hear:

• The reasons these investors chose to make the leap out of Massachusetts
• The steps they took to find the properties
• The ease or difficulty of managing from hours and hours away
• Self-manage or property manager?
• How they found the property manager if they used one
• The actual time spent on each deal
• If it actually makes money
• Whether it was worth it to them

Join us for an interactive discussion where you’ll hear from 4 investors in multi-family, single family and commercial property and their experiences in holding and flipping these out of state properties.The bar will be open and you can order dinner during the event.  We have the best networking in Worcester County!

Who:  All are welcome, our attendees include a high percentage of seasoned investors, both flippers and buy and hold, as well as beginners and affliated professionals

What:  Free event, no meeting fees, no memberships, no selling speakers, no multi-level marketing

Where: Buca di Beppo, 7 Boston Turnpike, Shrewsbury, Ma  

When: 6PM networking, 6:30 PM program starts

[Karen Lee]

I live in Mass and bought a triplex in Los Angeles last year. One of the most important things for me has been to have a home warranty in place for all the little things that go wrong that I can't be there in person to deal with. The tenants appreciate it, too since the repair folks show up on time, every time. At $60. a job, it's the best investment I've made!