New Investor from Newton, MA

[Kevin Lee]

Hey everyone,

My name is Kevin from Newton, MA. I graduated from UMass Amherst two years ago and am currently working as a Software Developer in Boston. My first two years out of school I was focused on paying off my loans and using the spare money I had to invest in stocks. My return on investment in stocks have not done that well and I've come to realize that I need/want to invest my money in something that can generate more of a passive income.

During the past month I've been reading a ton of real estate books (including The Book On Rental Property Investing) during my morning and evening commutes to and from work. I am particularly interested in the buy and hold strategy because I think that sort of investment fits my lifestyle. I've been looking at a ton of single family/condos in certain areas around Boston just to get an idea of how much things cost in certain areas.

My plan for the next half year-year is to save up as much as I can and hopefully buy a single family house or condo that can generate me a cashflow of $200/month.

A month ago I knew absolutely nothing about real estate. This is the beginning of the journey for me and I am excited to be joining the BiggerPockets community! I would love to connect/chat with anyone around the area!

Kevin

[Shaun Reilly]

Hi Kevin, welcome to BP.

This is a great place to learn. Make sure to listen to all the BP podcasts, read the articles on the main blog and be active in these forums to learn a ton very quickly about any topic in real estate you want to know more about.

This is also a great place to meet people that can be assets to your business. Lots of great connections all over but we also have a very strong and active contingent here in MA on here so make sure to find them (Set up some keyword alerts to find out about local topics) and get connected.

Besides doing that on here make sure to get out to some of the many local investor events we have. My favorite is the Black Diamond meeting in Waltham (alternates every other month with their Worcester location, next Waltham meeting is May). Other ones in and around the city are The Boston Wealth Builders in the city, the Boston Area REIA in Medford and the Boston REIA in Dedham and the previously mentioned Boston Wealth Builders. Many other options north and south of the city as well.