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Updated over 10 years ago on . Most recent reply

User Stats

117
Posts
40
Votes
Eric Taylor
  • Investor
  • Mission, TX
40
Votes |
117
Posts

Newbie Bostonian living in Texas but buying in Boston.

Eric Taylor
  • Investor
  • Mission, TX
Posted

After sitting on the sidelines for several years,  I recently plunged into the Boston market snatching up 3 condos, 1 single family, and am currently renovating a multifamily.  All within 4 months.   I am risk averse and have adopted a buy and hold philosophy primarily targeting students and professionals.  The Boston market is indeed tough, but I think I have selected the right properties to start with.  Biggerpockets has helped to assuage many of the fears that I had prior to taking the plunge.   Great to be here.

Most Popular Reply

User Stats

117
Posts
40
Votes
Eric Taylor
  • Investor
  • Mission, TX
40
Votes |
117
Posts
Eric Taylor
  • Investor
  • Mission, TX
Replied

Born and raised in South End, but educated in Baltimore.  Been living in Texas for 10 plus years.  I inherited a two family in Dorchester that I am trying to fix up and rent one of the units with family living in the other unit.  I have a 4 BR in Back bay/Kenmore square, 3 BR in the south end, 2 BR in the Fenway and a 5BR in Allston.  I use a property manager because I have zero appetite for talking to renters.   I chose Boston because I know the city well, and Texas property taxes are high.    I am 4 months into the roller coaster ride.  Wish me luck.

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