New Member Near Boston; Trying To Expand My Portfolio

[Lauren Bateman]

Hi, my name is Lauren and I am just north of the Boston area and boy are things expensive hear. Shoosh.

I bought my first multi-family (2 unit) about 8 years ago when I was 25 and now I'm looking to add another house to that. I've been making some offers on multi-families in my area more specifically 3-families.

Trying to read and learn as much as I can. I know so much more know than I did 8 years ago. Fortunately, my first home cash flowed before I even knew what that meant. Then I refinanced it a few years ago when the interest rates dropped and now does it ever cashflow. I'm looking to refinance and pull all the money I invested in it originally to have a smaller cash flow but no money invested for I can invest that money into another property.

Looking forward to chatting with people. :)

[Shaun Reilly]

Hi Lauren, 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 in July). 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. Since you said you are looking mostly north you can also check out the NEREIA in Chelmsford and a couple of meeting up on the north shore as well. Many other options north and south of the city as well.