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Updated almost 9 years ago on . Most recent reply

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Alex Rice
  • Real Estate Agent
  • Lynn, MA
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New member from Boston

Alex Rice
  • Real Estate Agent
  • Lynn, MA
Posted

Greetings everyone!

I recently found BiggerPockets and am glad to join this community.  My goal is to invest in my first multi family.  A little about me... I'm a Massachusetts Licensed Real Estate Agent, and have worked as a full time sales & rental agent in Cambridge (completing deals in Boston, Cambridge and Somerville) and for a Boston area commercial real estate company handling leasing, property management, and financial analysis.  Prior to Real Estate, I worked as a Senior Financial Analyst and also was a Partner at a small sports marketing agency.  I was born in Boston - love the city and surrounding areas!

In terms of neighborhoods, I've been looking for deals specifically in Dorchester and Medford (both places I've lived and am familiar with). Dorchester seems to be a 'hot' area for investors, buyers, and renters and I believe is going to continue to undergo positive changes for the foreseeable future. As a renter, I found it to be the best value while still being close to the (red line) T. It does seem like many of the multi family listings on MLS are pretty low on the cash flow ROI.

In my limited time on the site I've found a ton of great resources on this site and in the community.  I look forward to becoming more involved and networking with others.  Feel free to reach out with any thoughts, questions, or advice!

Most Popular Reply

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Paul Timmins#2 New Member Introductions Contributor
  • Specialist
  • Rockland, MA
2,248
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Paul Timmins#2 New Member Introductions Contributor
  • Specialist
  • Rockland, MA
Replied

@Alex Rice

Welcome. Fill in the foundation below.

Check out the Start Here page http://www.biggerpockets.com/starthere

Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.

Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice. And you get the benefit of having over 100 past ones to catch up on.

Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info. Here you will meet wholesalers who provide deals and rehabbers (cash buyers). Find them through Google and meetup.com

Two Great reads, I bought both J. Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbook

Download BP’s newest book here some good due diligence in Chapter 10. Real Estate Rewind Starting over

http://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-book

Good Luck

Paul 

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