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All Forum Posts by: Haley M.

Haley M. has started 7 posts and replied 24 times.

Post: After 2 Years of Inaction, FINALLY Made the Plunge in Boston

Haley M.Posted
  • Boston, MA
  • Posts 25
  • Votes 19

Congrats, what a good find! Pretty amazing you were able to snag it off MLS, too

Post: Best Places to Invest in Massachusetts?

Haley M.Posted
  • Boston, MA
  • Posts 25
  • Votes 19

This thread is great!

Can anyone recommend an investor friendly agent who knows Worcester really well? I too am starting to look towards Worcester since Boston isn't going to give me what I'm looking for (cash flow!). I'm still hoping to house-hack in or around Boston, because we are set up to do it and I'd like to get a multifamily property in the city, but for the majority of my portfolio, I want cash-flowing properties outside the city. 

Post: Critique My Mailing (Pics Inside)

Haley M.Posted
  • Boston, MA
  • Posts 25
  • Votes 19

Also curious to know how it went, any updates?

I've come to the conclusion I'm going to have to start sending out direct mail to target what I want, since MLS is insane in Boston. I'm looking at triplexes I can live in and fix up, so I may go for a bit of an emotional appeal since I'll be the one living in it. I'm a professional graphic designer, so at least I know I can make a good looking mailing. This thread has been really helpful!

Post: Starting out, FHA or commercial loan?

Haley M.Posted
  • Boston, MA
  • Posts 25
  • Votes 19

Newbie here! My husband and I live in Boston. We currently own two properties - a condo in a good area of the city, and a home in CT that we rent to family that just about breaks even. We have rented out our condo for a few years in the past, but we're currently living in it again. So we have some experience, but not a whole lot. That said, we're looking to get started in real-estate investing, specifically buy and hold multi-family properties. Number one priority is cashflow. I'm looking at areas in Massachusetts that are more affordable than Boston but still have decent city access. 

We're debating about how to get started, however - is it better to get our feet wet with a few 2-4 family properties, or jump right into what we really want, which is larger buildings with more units (6+). Assuming we have the money to make the deal, is it possible to get a commercial loan without much experience in this area? Is it a mistake to start large? 

Any advice is appreciated, thanks in advance!