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Updated almost 11 years ago, 01/09/2014

User Stats

108
Posts
70
Votes
Tom Meade
  • Real Estate Investor
  • Boston, MA
70
Votes |
108
Posts

Experienced Investor, New Member from Quincy, Mass

Tom Meade
  • Real Estate Investor
  • Boston, MA
Posted

Hi all,

I'm new to BiggerPockets and wanted to post an intro. My day job is with a National CRE lender, and hunting elephants is fun ($2MM minimum loan size) but my real passion is chasing local real estate deals. I'm a licensed contractor and real estate salesperson in Mass, and I've personally done a couple of rehabs, a tear down (for my now-primary residence) and had some success investing in non-performing notes (@NPN) during the height of the financial crisis.

I'm back in the game after a couple years on the sidelines. Have been lurking around the site for a few weeks and finally decided to go all-in! I have a multifamily rehab deal under agreement, going hard on a deposit tomorrow!

Look forward to connecting and sharing with members on this site - its obviously a great resource and I love the emphasis on free information sharing and giving back!

All the best,

Tom Meade

Quincy, Massachusetts

User Stats

2,341
Posts
877
Votes
Shaun Reilly
  • Landlord and Rehabber
  • Newton, MA
877
Votes |
2,341
Posts
Shaun Reilly
  • Landlord and Rehabber
  • Newton, MA
Replied

Hi Tom,

Welcome to BP! Always good to have new locals join up. Also always great to have experienced pros join the community.

Sounds like you will have a wealth of experience to share here and to draw on now that you are getting back into the game.

Do you go to any of the local networking events? One in Waltham on Tuesday and one in Newton on Thursday as the next couple coming up.

User Stats

1,856
Posts
656
Votes
Mary B.
  • Real Estate Investor
  • Lansdowne, PA
656
Votes |
1,856
Posts
Mary B.
  • Real Estate Investor
  • Lansdowne, PA
Replied

Hey Tom,

Glad to have you aboard here on BP. Looking forward to seeing you around advising and sharing. Happy holidays and prosperous investing to you...

Kudos,

Mary

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User Stats

3,269
Posts
2,367
Votes
Ann Bellamy
  • Lender
  • Tyngsboro, MA
2,367
Votes |
3,269
Posts
Ann Bellamy
  • Lender
  • Tyngsboro, MA
Replied

Welcome to BP, Tom,

You have a great background, and it's nice to have more MA people on BP, especially with your experience. Join us if you can at our free networking event Tuesday in Waltham, info in my signature.

User Stats

2,732
Posts
1,431
Votes
Joe Fairless
  • Investor
  • Cincinnati, OH
1,431
Votes |
2,732
Posts
Joe Fairless
  • Investor
  • Cincinnati, OH
Replied

@Tom Meade welcome and good luck with the current deal you're working on.

User Stats

108
Posts
70
Votes
Tom Meade
  • Real Estate Investor
  • Boston, MA
70
Votes |
108
Posts
Tom Meade
  • Real Estate Investor
  • Boston, MA
Replied

Thanks all for the welcoming comments. Just downloaded the BP app, hopefully this reply posts properly...definitely looking forward to learning as much as contributing! There's a ton of great content on here!

I have been to a couple of local networking events recently, including Black Diamond and BAREIA - great turnouts and programs at both! @justin silverio hosted an unofficial Bigger Pockets event last week but I couldn't make it.

Thanks again and happy investing!

User Stats

7
Posts
0
Votes
Andrew Boimila
  • Rehabber
  • Boston, MA
0
Votes |
7
Posts
Andrew Boimila
  • Rehabber
  • Boston, MA
Replied

@Tom Meade

Welcome to the site.

Im planning on attending the Black Diamond event next week, hopefully Ill see you there.

And good luck with your deal, do you typically invest in the Quincy area?

User Stats

108
Posts
70
Votes
Tom Meade
  • Real Estate Investor
  • Boston, MA
70
Votes |
108
Posts
Tom Meade
  • Real Estate Investor
  • Boston, MA
Replied

Andrew Boimila - yea I'm a born and bred quincy guy...quincy and South Shore will be my focus. Def Quincy for my buy and hold rental units.

User Stats

15,164
Posts
11,238
Votes
Joel Owens
Agent
Pro Member
  • Real Estate Broker
  • Canton, GA
11,238
Votes |
15,164
Posts
Joel Owens
Agent
Pro Member
  • Real Estate Broker
  • Canton, GA
ModeratorReplied

Hi Tom,

It might be beneficial for you to become a pro member. You can have a great signature line that way with your CRE company for lending.

Where is Quincy??

Some of my wife's family live in Worchester and Chelmsford. She was born in MA.

business profile image
NNN Invest
5.0 stars
3 Reviews

User Stats

2,341
Posts
877
Votes
Shaun Reilly
  • Landlord and Rehabber
  • Newton, MA
877
Votes |
2,341
Posts
Shaun Reilly
  • Landlord and Rehabber
  • Newton, MA
Replied
Originally posted by @Joel Owens:
Hi Tom,

It might be beneficial for you to become a pro member. You can have a great signature line that way with your CRE company for lending.

Where is Quincy??

Some of my wife's family live in Worchester and Chelmsford. She was born in MA.

It is on the coast just south of Boston.

Where did your wife live when she was here? I grew up near Chelmsford in Dracut and I worked at Chelmsford High as a teacher in a former life, oh and one of my favorite REIAs is there. :)

User Stats

15,164
Posts
11,238
Votes
Joel Owens
Agent
Pro Member
  • Real Estate Broker
  • Canton, GA
11,238
Votes |
15,164
Posts
Joel Owens
Agent
Pro Member
  • Real Estate Broker
  • Canton, GA
ModeratorReplied

Chelmsford High 1987-1991

business profile image
NNN Invest
5.0 stars
3 Reviews

User Stats

1,229
Posts
485
Votes
Justin Silverio
Pro Member
  • Developer
  • Andover, MA
485
Votes |
1,229
Posts
Justin Silverio
Pro Member
  • Developer
  • Andover, MA
Replied

Welcome @Tom Meade . The next event will be in March. Hopefully you'll be able to make that one. Thanks again for sharing your rehab analysis with me.

User Stats

2,341
Posts
877
Votes
Shaun Reilly
  • Landlord and Rehabber
  • Newton, MA
877
Votes |
2,341
Posts
Shaun Reilly
  • Landlord and Rehabber
  • Newton, MA
Replied
Originally posted by @Joel Owens:
Chelmsford High 1987-1991

She's just a tad older than me, I taught there in 2000-01.

Do you guys get up this way much? I'd love to grab a coffee or something and chat.

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User Stats

15,164
Posts
11,238
Votes
Joel Owens
Agent
Pro Member
  • Real Estate Broker
  • Canton, GA
11,238
Votes |
15,164
Posts
Joel Owens
Agent
Pro Member
  • Real Estate Broker
  • Canton, GA
ModeratorReplied

Hi Shaun,

We do not want to hijack Tom's thread.

I will respond and then back to Tom's topic. We went up there last year to see her dad and her sister. Stayed in Chelmsford and flew in not at the Boston airport but the other one with less traffic. Went into Boston once but favorite was going to Rockport on the water. Loved Durgin park eatery in Boston and the crab cake was awesome.

We might go up there again next year. My wife is a home maker so she listens to me talk about real estate but loves the cats and decorating and seeing her mom. Real estate Is way down on the list! LOL So usually on vacation she doesn't want me to be filled with meetings the whole time although one is usually okay on a trip................ : )

business profile image
NNN Invest
5.0 stars
3 Reviews

User Stats

2,341
Posts
877
Votes
Shaun Reilly
  • Landlord and Rehabber
  • Newton, MA
877
Votes |
2,341
Posts
Shaun Reilly
  • Landlord and Rehabber
  • Newton, MA
Replied
Originally posted by @Joel Owens:
Hi Shaun,
We do not want to hijack Tom's thread.

I will respond and then back to Tom's topic. We went up there last year to see her dad and her sister. Stayed in Chelmsford and flew in not at the Boston airport but the other one with less traffic. Went into Boston once but favorite was going to Rockport on the water. Loved Durgin park eatery in Boston and the crab cake was awesome.

We might go up there again next year. My wife is a home maker so she listens to me talk about real estate but loves the cats and decorating and seeing her mom. Real estate Is way down on the list! LOL So usually on vacation she doesn't want me to be filled with meetings the whole time although one is usually okay on a trip................ : )

Oops! Oh yeah I guess we got off on a bit of a tangent after I let you know where Quincy was. :)

Sorry @Tom Meade , but on the positive side It is staying at the top of the list of the most recently updated threads! ;p

Just to finish off the thoughts though, Joel next time you guys plan on coming up let me know and we can schedule you just enough to be able to write the trip of as a legit business expense. :)

User Stats

7,730
Posts
2,248
Votes
Paul Timmins#2 New Member Introductions Contributor
  • Specialist
  • Rockland, MA
2,248
Votes |
7,730
Posts
Paul Timmins#2 New Member Introductions Contributor
  • Specialist
  • Rockland, MA
Replied

@Tom Meade

Welcome. Meetings are in Rockland, Taunton and Cape Cod, let me know if you need info.

Looking forward to you input here at BP.

Good Luck

Paul

User Stats

2,251
Posts
533
Votes
Mike Hurney
Pro Member
  • Real Estate Investor
  • Boston, MA
533
Votes |
2,251
Posts
Mike Hurney
Pro Member
  • Real Estate Investor
  • Boston, MA
Replied

@Tom Meade Welcome!

Big difference between Commercial "elephants" M-F 9-5;-) and Residential 24/7 sometimes;-(

  • Mike Hurney
  • User Stats

    208
    Posts
    28
    Votes
    Mike LaCava
    • Real Estate Investor
    • Buzzards Bay (Bourne), MA
    28
    Votes |
    208
    Posts
    Mike LaCava
    • Real Estate Investor
    • Buzzards Bay (Bourne), MA
    Replied

    Welcome @Tom Meade . I recently started a meetup in Plymouth.

    Here is the link if you would like to attend and it is monthly if you miss this one. www.houseflippingschool.com/meetup

    User Stats

    13,324
    Posts
    3,944
    Votes
    Brandon Turner
    Pro Member
    #3 Questions About BiggerPockets & Official Site Announcements Contributor
    • Investor
    • Maui, HI
    3,944
    Votes |
    13,324
    Posts
    Brandon Turner
    Pro Member
    #3 Questions About BiggerPockets & Official Site Announcements Contributor
    • Investor
    • Maui, HI
    Replied

    Hey @Tom Meade Thanks for jumping in and introducing yourself! If you haven't yet- be sure to setup some "Keyword Alerts."

    See you around the site!

  • Brandon Turner
  • Podcast Guest on Show #92
  • User Stats

    1,769
    Posts
    369
    Votes
    Robert Adams
    Agent
    • Real Estate Broker
    • Henderson, NV
    369
    Votes |
    1,769
    Posts
    Robert Adams
    Agent
    • Real Estate Broker
    • Henderson, NV
    Replied

    Welcome Tom. I am expanding my business to MA so lets keep in touch!


    • Robert Adams
    • 702-349-9175