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Updated about 8 years ago on . Most recent reply

User Stats

30
Posts
9
Votes
Adam Michael
  • Investor
  • Providence, RI
9
Votes |
30
Posts

Rookie from Massachusetts

Adam Michael
  • Investor
  • Providence, RI
Posted

Hey everyone,

My name is Adam, 27 years old, located in the southeastern part of Massachusetts.  I'm relatively new to the real estate game. I live in a multi family I purchased just under 2 years ago and am in the process of searching for a 2nd multi-family. I'm interested in real estate between Boston, MA and Providence, RI.

I've been reading the forums here for quite a while now and there seems to be no end of knowledge to be shared.  I've decided to get involved as I find myself more actively pursuing ways to get into real estate full time.  My goal is to have several rental properties in the next couple years to create cash flow then turn my eye into potential development deals or flipping (while increasing rental units).  I work in sales for a major manufacturer in the construction industry.

Looking forward to getting to know the local professionals and network.

Most Popular Reply

User Stats

1,456
Posts
1,400
Votes
Anthony Thompson
  • Buy and Hold Investor
  • Cranston, RI
1,400
Votes |
1,456
Posts
Anthony Thompson
  • Buy and Hold Investor
  • Cranston, RI
Replied

Adam, welcome to Bigger Pockets! It's wonderful that you already have some experience with your existing 2-family and want to expand. Having gotten over the "first property" hump, your chances of meeting your goal are a lot higher so congratulations.

I'd also recommend checking out one of your local real estate groups such as Black Diamond REI in Massachusetts or RIREIG in Rhode Island.

At the very least drop in every few months or so - besides the networking opportunities, there are often very valuable updates on new or proposed legislation affecting landlords.

The general public knows that we're running a business when we rent out property, and expects us to know all the laws affecting us (and has no compassion if we don't), so being a member of a local group or visiting periodically is one way to try to stay current with those laws.

Again, welcome and congratulations!

  • Anthony Thompson
  • Loading replies...