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Updated over 6 years ago on . Most recent reply

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Tim Gallant
  • Shanghai China
1
Votes |
2
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New England Investor living in China

Tim Gallant
  • Shanghai China
Posted

My name is Tim Gallant, I'm from northern Massachusetts. I spend most of my time traveling around Asia doing equipment sales in the automotive industry. I currently live in Beverly MA, but I will be moving to Shanghai China in the fall. 

My goal in real estate is to acquire multi-families using the BRRRR method over the next 15 years or so, and I'll see what happens from there. I've just started the process of searching for a multi-family somewhere in New England. I'd be very interested to hear from people investing in New England or anyone with experience investing from overseas. Look forward too meeting you all!

Tim

Most Popular Reply

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3
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5
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Thiago Gomes
  • Real Estate Agent
  • Malden, MA
5
Votes |
3
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Thiago Gomes
  • Real Estate Agent
  • Malden, MA
Replied

Hi @Troy Williams

What made you buy in Colorado? Are those your first investment properties? 

I am looking to buy my first investment property in the next 2-3 months, I live in the Boston area but the prices are so high! A solid 3 family in this area starts at $500,000. Im wondering if I can take my 25% downpayment and turn it into two multi-family homes in another state. All I know is Massachusetts though, I am still at the beginning of my research. I am comfortable in the towns/cities that I am researching in Mass, I just wonder if I can do similarly well in Florida, Colorado, Texas, but with half the cost!?

Thanks!

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