Hello from Milford Mass

[Eric Hall]

Hi Everyone,

My wife and I are aspiring buy and hold investors from Milford Massachusetts. We've been lurking / studying for a while now and have read the UBG, Flipping/Estimating, and serveral of the more popular Buy+Hold/General REI books.

We've started the search, looking along the 495 corridor between the mass pike and 95. It seems that finding cashflowing properties off the MLS is going to be pretty difficult in this area (?) So we're starting to dig into other aquisition strategies.

We're still deciding whether we want to owner occupy a 2-4 plex as our first investment, or buy a distressed single family with the intent to renovate / live in, and pull equity out to fund the 1st investment property.  Also looking to learn more about possible legal advantages to investing in Rhode Island vs. Mass as we're pretty close to the border and I understand RI may be a little more 'landlord' friendly (?)

We've heard good things about Black Diamond REIs and plan to start getting involved. Any tips, advice or other networking suggestions from any locals would be more than welcome.

Looking forward to becoming part of the BP community,

-Eric and Megan