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Updated over 11 years ago on . Most recent reply

New investor in Norfolk County, Massachusetts.
Hello,
I am a relatively new real-estate investor in the Massachusetts Norfolk county and South-shore area. I work as a full-time Chief Engineer and Senior Development Manager at a software company and I'm looking for a better ROI for my hard-earned money than what we get with our traditional 401K's. I am looking to wholesale properties in Norfolk County and invest those earnings in buy-and-hold rental properties. Needless to say, I'm glad that after a lot of searching on the web for good real estate networking sites I'm very happy to have found biggerpockets.com, it will hopefully connect me with many like-minded individuals and investors that don't want to retire on just their 401K and mutual fund investments alone and that enjoy creating "win-win" deals for all parties involved.
I'm looking forward to talk to you all!
- Allard
Most Popular Reply
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Good for you! There are definitely better ways to invest money than leaving it to the banks. Self-directed 401ks are great to invest with.
Just remember, wholesaling is completely different than rentals. Wholesaling is a job, not an investment. It can give you great capital to invest, but if you are already working and just wanting to put your current money somewhere smarter, just worry about investing. Wholesaling can be pretty intensive and not a way to invest current funds, but instead a way to make new funds.