New To Real Estate in the Western Massachusetts Area

New To Real Estate in the Western Massachusetts Area

Chicopee, MA · Member since 2018 · 38 posts · 7 votes

Hello! I am new to bigger pockets and real estate investing in general. I have read a handfull of books over the last few months, but now feel it is time to start networking and analyzing properties. I just started using the buy and hold calculator to analyze properties but don't feel comfortable with all my estimates yet. I am hoping to purchase a duplex by the end of 2018. My husband and I plan to live in one unit and rent out the other.

I am hoping to get to know other investors in and outside of the Western Massachusetts area. Right now I feel that I need help with analyzing properties and also setting and feeling confident in the criteria I set. I look forward to networking with people in the Springfield, MA area to better understand our market.

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  • Contractor · Holyoke, MA · Member since 2017 · 38 posts · 12 votes
    8y

    Hi, I’m also a new investor from Holyoke. Also looking to network and meet others from the area. I wouldn’t be the best to help analyze properties since I am still figuring that out myself. I am in the process of buying my first property. Was searching for multi family but a single family deal fell into my lap. But since I got it cheap as soon as I finish closing I will be searching for a multi again and hoping to purchase a multi rental by the end of the year as well. Best of luck!

  • Chicopee, MA · Member since 2018 · 38 posts · 7 votes
    8y

    Hi!

    Where is your single family located? Do you plan to rent it out? Does it need any renovations?

    Good luck to you!

  • Contractor · Holyoke, MA · Member since 2017 · 38 posts · 12 votes
    8y

    In holyoke. I plan to live there for now, but at some point I think it will make a great single family rental. It definitely needs work. I need to upgrade the panel and rewire the house and plan on having more lights and outlets installed. All rooms have cracked plaster/wallpaper so I started working on that today. Lots of flooring needs to be redone. And general updating throughout 

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