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Updated about 6 years ago on . Most recent reply

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7
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Dimitrios Iliou
  • Rental Property Investor
  • Natick, MA
8
Votes |
7
Posts

New member from Natick, MA

Dimitrios Iliou
  • Rental Property Investor
  • Natick, MA
Posted

Hello all! This is my first post in BP and I am very happy to be here!

My name is Dimitris Iliou, and I am a newbie in real estate investing. I am a software Engineer in Natick, MA, and I recently became interested in real estate investing after reading the Rich Dad Poor Dad book (as did many others I suppose). A friend of mine introduced me to BP recently, and since then I have been listening to podcasts, watching webinars and trying to learn as much as I can!

My goal is to start investing in small multi-family homes (buy & hold) and I am currently looking to connect with people in the Natick, MA area and see if there are any opportunities there. I do find the Boston area to be very expensive for a newbie so I would really love to hear people's thoughts on that.

Looking forward to talking with you all and learning from your advice!

Most Popular Reply

User Stats

257
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139
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Dan K.
  • Rental Property Investor
  • Boston, MA
139
Votes |
257
Posts
Dan K.
  • Rental Property Investor
  • Boston, MA
Replied

Hi @Dimitrios Iliou, welcome to BP.

I have not invested in the Natick area but I have certainly analyzed the numbers for many properties in the area. In my opinion, many of those properties are priced for owner occupants with a little bit of income on the side. There are absolutely deals to be had within an hour north, south or west -- east would be even trickier depending on your budget.

There are some REI groups in the Waltham and metrowest area that I'd strongly suggest.

In my opinion, 1 REI meet up is worth many, many podcasts and hours of reading on BP. Don't expect to walk away from a meet up with a deal, but expect to be motivated and be able to ask questions to knowledgable people.

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