New Member from Boston

New Member from Boston

Sunitha RaoPro Member
Rental Property Investor · Indianapolis, IN · Member since 2017 · 21 posts · 18 votes

Hello everyone!

I live in the greater Boston area, work in finance and have completed about 60% of Villanova's MBA program…not that I'm counting or anything! For the last few months, I've been listening to the podcasts and studying various forum threads when not immersed with working or studying, with the intention of learning as much as I could so that once grad school was completed, I could start investing. Turns out, the length of time between now and the Spring of 2019 is far too long for me to wait. Even though it would increase my workload (definitely not a workaholic, could you tell?), my short term goal is to buy my first property in the fall/winter of this year, followed by 2-3 units next year. Because the Boston market is pretty expensive and because my current schedule makes it difficult to be as hands on as I'd like, I'm looking to go out of state to find a 2-4 unit MFR, preferably in the Indianapolis area.

I'm really excited to be a part of the BP community - it's incredible how supportive and informational everyone is; I've learned so much and I have really appreciated all the time that others have put in to answering questions and helping those without any REI experience learn the business. I can't wait until I get a deal or two under my belt and have the skill set and knowledge base to help the next wave of newbies.

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  • Investor · Los Angeles, CA · Member since 2017 · 27 posts · 10 votes
    9y

    I just opened a FA position if you're interested in relocating to CA.. j/k.

    It's great to have goals and a timeline. It's something that keeps me motivated. Once you have one that falls in line with your projections, you'll want more!

    Anyhow, welcome. I'm sure you'll find a wealth of information here.

  • Sunitha RaoPro Member
    OP
    Rental Property Investor · Indianapolis, IN · Member since 2017 · 21 posts · 18 votes
    9y

    @Reaz Ahmed - I'm a Floridian so any offer that pulls me away form the frigid New England winter is a tempting offer! Haha

    I'm very goal oriented as well - Life is boring without something to work towards, right? Thanks for the welcome!

  • Real Estate Agent · Westboro, MA · Member since 2016 · 1k+ posts · 471 votes
    9y

    @Sunitha Rao, Welcome to BP! Tons of great resources here. Great you are goal oriented and excited to get started 

  • Sunitha RaoPro Member
    OP
    Rental Property Investor · Indianapolis, IN · Member since 2017 · 21 posts · 18 votes
    9y

    @Steve Bracero Thanks for the welcome!

  • Realtor · Boston, MA · Member since 2017 · 187 posts · 40 votes
    9y

    Hey @Sunitha Rao, Welcome to BP and glad to see you are getting started sooner rather than later. Even though the area is expensive, there are still goo deals (even some in Malden) that I have seen. Also, with interest rates so low, there are ways to make it work if you do not want to go out of state to start. Either way, Welcome and Congrats!! I would be happy to talk more with you at some point if you have any questions!

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