Newbie in Cape Cod MA

[Andy Much]

Hello BP members. Been on BP for quite some time but have yet to acquire my first property. I was doing some self education and have finally concluded I am leaning towards multi-family/ buy and hold.

One of my problems is there is not too many where I live and this place is fairly expensive for real estate. I am looking at areas about 1-2 hrs away from me which have more of these and much cheaper prices. Obviously the neighborhoods are not as good, but I am looking at cash flow that if all goes according to plan, will finance more properties in higher income areas. I am also willing to relocate to make real estate work out for me.

Anybody familiar with the Massachusetts area and constructive advice out there?

Thanks,

Andy. 

[Tim Wilkinson]

Brockton has tons of inventory. Also, Fall River/ North Attleboro, etc. may have what you are looking for. Ask someone from there about the neighborhoods, but those have your best chance at a great cap rate. Best of luck.