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Updated over 17 years ago on . Most recent reply

User Stats

40
Posts
25
Votes
Doug Dias
  • Rental Property Investor
  • Boston, MA
25
Votes |
40
Posts

Hello All

Doug Dias
  • Rental Property Investor
  • Boston, MA
Posted

Hello everyone,

Wow, I have recently found this forum and I am very impressed with the amount of support that goes on here. It’s really great to see seasoned real estate investors take time from their busy lives to come here and give advice.

I’d love to tell you guys a little about myself and hopefully get a little bit of guidance from you.

I’ve lived in the Boston area all of my live, mostly in the suburbs and more recently right in the city. I’m 22 years old and I knew from a very early age that I wanted to be a real estate investor. Unfortunately, I’ve been caught up in the restaurant industry since I was 15 years old. I’m proud to say that I was successful in that industry (eventually became the youngest General Manager in a 100+ stores company) but at the same time, I feel as if I wasn’t getting anywhere, and have recently left that behind.

Other facts about me are; I have zero money for investments and for personal reasons, I won’t work for the next 3 months. So I’ve decided to study more about my passion (RE) and I have also decided that I want to be a Real Estate agent. I’m aware that being an agent AND an investor might sometimes become a negative thing, but my hopes were that I could make money to buy my own properties and learn more about the industry all at the same time.

Although I love every aspect of RE investment (flippers, foreclosures, etc), my long term goal is to own rental properties, (as many as humanly possible :D ), and considering prices in the Boston neighborhoods that I’m interested in, I’m guessing that I’ll need at least $50,000 before I can buy my first property. (I’ve been eying some 3 family properties in Somerville and Cambridge)

So if you’ve stuck with me and read this entire thing. THANK YOU. Now, if you would be kind enough, could you please give me any feedback? Are you also and agent? And if so, do you feel as if being an investor at the same time as an agent is a bad idea? Do you live in Boston? And if so, what are your feelings about the Boston RE market and good/bad neighborhoods?

Thank you all very much!

Doug

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