Newbie from Auburn, MA

[Craig H.]

Hello Everyone,

I'm from Auburn, MA and I'm currently working in the health field, but looking to do some REI. I'm primarily focused on multifamily properties in the Worcester, MA area as they seem to be the best way to come out cash flow positive. I know it can be tricky finding a property that will be a good investment in this area, since neighborhoods can drastically change from street to street. Anybody from this area here at BP have experience as to which neighborhoods might be best?

I've been listening to a lot of podcasts and reading posts/articles here on BP for quite some time now.  Also, have been reading some books on the topic, but don't really know when the right time to actually jump in and take action is!  It's difficult for me to know how much I need to know before doing!  

Something that I've been wondering about is this, "does the market ever get too overpriced to get in on it, even though something may be cash flow positive?"  I have set a goal to get my first property by September 2017, but I don't want to get into a market that seemingly is close to peaking.  What does everybody think about this?

Thank you to all whom take the time to read this post and especially those that reply.  I look forward to meeting you all and having some fun and meaningful discussions with you!

Best,

Craig