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Updated over 6 years ago on . Most recent reply

User Stats

25
Posts
17
Votes
Michael Weisman
  • Realtor
  • Portland, ME
17
Votes |
25
Posts

New Member, Home Owner, & Investor from Maine

Michael Weisman
  • Realtor
  • Portland, ME
Posted

Good day all! We are Mike & Karen Weisman, currently living in Beverly, MA and in the process right now of buying a home in Richmond, Maine. 

The home we have under contract is a 3300 sq ft Victorian on 3 acres, and will be our primary residence. The house also has an attached in-law apartment and a 12'x12' stone cottage that we do plan to use for a bit of AirBNB and SRT house hacking.

We are also starting to actively look for small flips and BRRRR's in South and Central Maine. We're thinking to start with smaller deals with ARV's in the 125k-150k range, since that is a range we can comfortable work in without needing outside financing.

Although we have owned several homes over the years, are handy with a hammer & saw, and have a solid background in business and finance, we have not actively pursued investing in Real Estate. Over the last few months, we've been listening and reading to almost everything BiggerPockets releases, and are very excited about the possibilities!

We would love to connect with other investors and real estate professionals in Maine with whom we may be able to one day form mutually beneficial relationships.

Have a great day!

Mike & Karen

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