New Member from Burnsville, Minnesota

[Isaiah Oloyede]

Hello,

This is Isaiah Oloyede, originally from Nigeria. I relocated to the United States about 9 years ago. My Dad has a lot of rental investment in Nigeria, so I cannot say I am completely new to real estate investment. However, real estate investment in Nigeria is not as sophisticated as it is here in the United States. My Dad did it the old fashioned way of buying the land and building the properties - everything in cash, no mortgage transactions or anything of that sort. However, I have never owned a single property here in the United States - never done a single deal, so I can call myself a complete newbie!

I currently have a full-time job. I work as a software engineer. I am eagerly looking forward to the day I can finally be financially free. I am interested in house hacking. I am actually considering a duplex/triplex/quadplex for my first property. I am also interested in residential rental properties out-of-state, when the right opportunities come. I am still trying to learn a lot - I still have much to learn. I hope I can get all the support I can through BiggerPockets.

I am actually planning to relocate to Massachusetts as soon as I can find a job there. I lived in Cambridge, Massachusetts for 3 years as a graduate student.

Would Massachusetts be a good state for real estate investment? Which cities in Massachusetts would you guys recommend for house hacking? Which resources would you guys recommend I use to do my real estate research? I know that Massachusetts can be quite an expensive state to live in, which states would someone living in Massachusetts consider for out-of-state rental properties?

Pardon me, if my questions sound "newbie-sh". I am a newbie, after all!

I am really excited to be on BiggerPockets.

[Paul Timmins]

@Isaiah Oloyede

Boston and Cambridge tend to be pricey but Niche or Specialized Housing can work. North and south of Boston can be more affordable.

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

Consider checking out HUD homes for small multi's owner occupied gets first crack.

You might consider Niche or Specialized Housing like student housing, medical housing or tourists. Rents can be 2-4 times more. Remember you don't have to own a property to control it.

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