All Forum Posts by: Chris Munichiello

@Charlie MacPherson good to see someone from Massachusetts contributing to my question I know exactly the 3 family for $619K you’re talking about on Erie Sreet and have asked many people from Dorchester who grew up there saying it’s one of the worst neighborhoods but I’m surprised millennials aren’t being pushed out of renting southie and Adams Street in dot and trying these other areas that are a bit more intimidating so they can still stay close to Boston

What are some signs you see of any area that is gentrifying or about to gentrify to any veteran real estate investors or even people who have seen a bad neighborhood turn into well developed in a period of time ?

Roxbury Ma closer to franklin park zoo and Dorchester does anyone that live in or near the area see it having a surge of people wanting to rent there like southie and Dorchester ? I’ve been looking in that area hoping maybe now is the time to buy

What are rents like in Randolph like close to the Braintree line for 3 bed 2 bed and 1 bed units right now

Prices in Massachusetts generally near Boston and towns around it are insane are they ever going to come back down I see triplex and duplex that look like dumps listed for 500K minimum and reaching 1Million or over

I called the listing agent about a triple decker he said it is a short sale what does that mean the price is 535,000

Anyone from Massachusetts know what the rents are like for Rockland Ma for 2 and 3 bed 1 bath units are I’m considering a 2 family for 330k and the current tenants pay $1300 each can I get more it’s close to the Weymouth Rockland line

Hello Bigger Pockets I’m wondering if anyone could help me know if I can pull off buying a multi family property preferably a 2 family in south shore or even close to the Boston area. I’m 21 and have 35K saved to make a down payment and make 40K a year but I’m a union electrician and my salary will increase to 100k a year in 3 years. Will I still be able to pay the mortgage with two units being rented out making a limited amount of money at my full time job I know mass real estate prices are higher than normal.