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Updated over 4 years ago on . Most recent reply

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Nicholas Van Blarcom
  • Investor
  • Massachussetts
2
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New investors in Massachusetts looking for guidance

Nicholas Van Blarcom
  • Investor
  • Massachussetts
Posted

Like the headline says. New investor.

Member of 3 person team focusing on Worcester MA for investing. Hoping to network with those more accomplished and expeifined to get an idea of the pitfalls and “if I knew then what I know now” type of stuff. Happy to help you with anything that can be done remotely to provide a value add. Financing is not the issue, direction it. Looking to go after multi family properties 3+ units. Thanks in advance!

Most Popular Reply

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Lien Vuong
  • Real Estate Agent
  • Boston, MA
1,655
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2,251
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Lien Vuong
  • Real Estate Agent
  • Boston, MA
Replied

Welcome to the community. I would suggest knowing your metrics before you start - what's a return you would like to see? How many units? What types of financing? Renovation or no? These types of questions answered will lead you to the areas you see fit and if you dont like it then your metrics will change. 

For me, whenever a new investor solicits helps I start off with asking, what is your best case scenario and it is my job to match them to the areas where they would be able to accomplish it and set the right systems to make it successful. 

If areas are completely novel to you, you can start engaging with members in this community, where's an abundance of us in the Greater Boston Area, who can give you some real feedback and what realistic investing experiences are here. 

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