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Massachusetts Real Estate Q&A Discussion Forum
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Updated over 6 years ago on . Most recent reply

User Stats

9
Posts
3
Votes
Matthew Roberts
  • Rental Property Investor
  • North Shore, MA
3
Votes |
9
Posts

First deal, nervous, excited, whats next?

Matthew Roberts
  • Rental Property Investor
  • North Shore, MA
Posted

Hey everyone, first discussion on here. My fiancé and I made our first real estate purchase in May. We got a nice multi family, 2 unit home. Basically, we're real excited. However, I'm also nervous, and just curious how things go after. We have tenants, not worried about that, been here for a long time prior. I am simply looking for advice moving forward, how to get started on my next move, especially when we have little money now, and cant get real cash flow until we move. What are some things people have done to increase value of the properties they have as well, in similar situations. I'm not really sure, just looking to get a discussion started, and learn some. 

Thanks, 

Matt

Most Popular Reply

User Stats

303
Posts
216
Votes
Christopher Lombardi
  • Developer
  • Point Pleasant Beach, NJ
216
Votes |
303
Posts
Christopher Lombardi
  • Developer
  • Point Pleasant Beach, NJ
Replied

Keep the place in great condition at all times and when a tenant has an issue, address it right away.  This will keep the property occupied, and when a tenant finally does leave, having it look great will get it rented right away. 

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