Also you may wish to check out local investor groups such as Black Diamond REI in southern Mass and RIREIG in Rhode Island.Since you just bought your first property, I would recommend taking at least 6 months, 12 would be better, learning how to be a landlord of your first rental unit before acquiring another one.Learn about renting a unit out, tenant screening, collecting rent, repairs, capital improvements, handling moveouts, etc.

Hello All, Wanted to get some input on a deal that was passed my way at REIA meeting last night.....I am running the numbers and things are just not making since, so wanted to get some input from the masses, something just seems off or odd....Orlando FL., B to B+ area4/2/2 built 19731400sq ft149kest: 40k rehab ARV $249krents in area on 3's going for $1800-2250, no 4 beds under 2500sq ft in area to compare rent ratesI asked the agent if it was sinkhole home, because numbers sound like one.. but claims not, states the home is currently owned and lived in by investor, investor bought home in 2001 for 90k at auction, has lived in it since and never put any money into the home except kitchen with new appliances.

This doesn't mean you can be grossly negligent, you still need to run a proper business and do your part of the bargain but, for many people, an LLC isn't necessary until you reach a critical mass.

There's bidding wars, institutional investors overpaying, and the masses assume because it's an REO so it must be a deal regardless of what the numbers say.

My interests lie in small-multifamily fixer uppers in Massachusetts (central Mass, Merrimack valley and Norfolk county just south of Boston). 

Along with the mass movement of the general public who are jumping into landlording and who 20 years ago would have been content with the stock market.

I pulled an offier on a Multi-Family property after finding out (adding) about snow removal in Western, Mass because the Cash on Cash % (CoC) dropped from 12.5 to 8% but the monthly cash flow was over $400. 

The second you follow the masses you will be nothing better than mediocre... simple as that.This investing game i hard, rough brutal.

Mass Mutual and Penn Mutual (Whole Life) are both currently paying a 6.4% dividend.

It seems like most folks I know rely on mass mailings to target this demographic.