Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Alex Cuevas

Alex Cuevas has started 3 posts and replied 12 times.

Post: How do I get paid from 0% Compensation on 3-yr commercial lease?

Alex CuevasPosted
  • Real Estate Agent
  • Massachusetts
  • Posts 13
  • Votes 4

I need help BP! I have a client that is interested in renting out a commercial space for 3 years for $30,600. When I contacted the listing agent to negotiate compensation, he responded that I should get my compensation from my client because  "the landlord only pays [him] half of a month". Has anyone ever dealt with this situation before? Also, how would you handle it differently moving forward? Also, the space has been sitting vacant for over a year, and the landlord has been trying to sell the whole building for over 2 years.

Post: Finding Tax Lien help??

Alex CuevasPosted
  • Real Estate Agent
  • Massachusetts
  • Posts 13
  • Votes 4

Alex I'm not an expert at tax liens but I can tell you from experience that neighboring cities may handle their tax liens very differently. Smaller towns are a bit easier to deal with but in either case I recommend you reach out to an attorney and partner with them.

In Mass, 99.9% of the attorney's are also licensed agents or brokers, so they have a better understanding of the legal restrictions the city faces in a tax foreclosure proceeding.

Once you have you're attorney/partner, you set your radius and start reaching out to the Tax authorities within your radius. It may be one office that handles your determined area or like in my case their are 11 different authorities (1 for every cities and town in my radius).

Once you go meet these people and see their office and staff (the women in the office) you build a rapport with them, for the purpose of getting leads.

Also, cities and towns vary in where and how they sell their liens. Some may sell them on site and other's may do so online using a specific portal.

I pull data from several sources to identify the best possible investments based on my profile. The pictures below is a map I use that shows me where the property is and also who the councilor is in the area, what's for sale in the area, what part of town, and when i click on the property I can see the last sale date, how much it was sold for etc...

I'm mostly in the North Shore and some of these city halls are a bit outdated but the people are very friendly at least.

Post: Investors wanted for MassRE

Alex CuevasPosted
  • Real Estate Agent
  • Massachusetts
  • Posts 13
  • Votes 4

I'm looking for investors that are interested in residential properties in the North Shore Massachusetts area. My services are tailor-made for my investor partners and the system I use makes it a lot easier to simulate several scenarios, gauge heat maps, grants/initiatives within overlays, ward councilors or selectmen, liens/title etc...

There's so much data that you literally have to tell me what you want to know or what you only want to see because the rest will just be noise. If you're interested and want to know a bit more send me an email or give me a call and I'd be more than happy to answer any questions you may have.

Post: Do I Need a Buyer's Agent?

Alex CuevasPosted
  • Real Estate Agent
  • Massachusetts
  • Posts 13
  • Votes 4
Originally posted by @Claudia Temdenou:
Originally posted by @Russell Brazil:

When you contact an agent through Zillow...that email ia typically not going to the listing agent. Instead your email is going to the agent who purchased the rights to that zip code from Zillow

Can i have an advice form you on a property i am trying to buy. Need to know if is a good deal or not the addresse is 258 maple st 01904. The purchased price is $145000 and the rehab price is 38000. Please

 $38,000 rehab on that project? Can i get your GC's number please? That's one heck of a bargain and I'd love to keep track of the progress.

Post: First time flipper from Massachusetts

Alex CuevasPosted
  • Real Estate Agent
  • Massachusetts
  • Posts 13
  • Votes 4

Hey guys thanks for the welcoming! @Ray H I did have a client of ours who's a real estate attorney draft up the contract. I had this planned a while back so when I presented the idea, sort of like to get input, to the attorney he said "sure you can structure a deal like that. I'll draft up he contract for you if you want." Of course I took him up on his offer presented it to he owners and explained it so they won't feel like I'm trying to take advantage of them. They agreed and signed.

As for pictures I was going to upload some on here but I'll upload hem to one of those photo-sharing sites and just provide a link. Do you guys recommended a specific website?

Post: First time flipper from Massachusetts

Alex CuevasPosted
  • Real Estate Agent
  • Massachusetts
  • Posts 13
  • Votes 4

@Shaun Reilly Thank you I'll definitely be attending their meetings. Most likely I'll join the North Shore and Boston club first since they're closer.

Post: First time flipper from Massachusetts

Alex CuevasPosted
  • Real Estate Agent
  • Massachusetts
  • Posts 13
  • Votes 4
Originally posted by @Shaun Reilly:

Hi Alex, welcome to BP.

This is a great place to learn. Make sure to listen to all the BP podcasts, read the articles on the main blog and be active in these forums to learn a ton very quickly about any topic in real estate you want to know more about.

This is also a great place to meet people that can be assets to your business. Lots of great connections all over but we also have a very strong and active contingent here in MA on here so make sure to find them (Set up some keyword alerts to find out about local topics) and get connected.

Besides doing that on here make sure to get out to some of the many local investor events we have. There are a couple meeting on the North Shore. You can also check out the Boston AREA REIA in Medford. Also highly recommend the Black Diamond meeting in Waltham (2nd location in Worcester).

Hey Shaun, thanks for the input. I tried searching for a local REIA in the north shore and nothing was coming up. Can you please post the links to all three of those REIAs. Also, I have started to connect with some local pros but I'd like to attend some of those meetings.

Post: First time flipper from Massachusetts

Alex CuevasPosted
  • Real Estate Agent
  • Massachusetts
  • Posts 13
  • Votes 4
Originally posted by @Mark Nolan:

@Alex Cuevas

Welcome to Bigger Pockets community. Be sure to check out “Learn” for all kinds of useful resources and free how to guides

 Thanks Mark, I'm definitely utilizing everything BP has to offer!

Post: First time flipper from Massachusetts

Alex CuevasPosted
  • Real Estate Agent
  • Massachusetts
  • Posts 13
  • Votes 4
Originally posted by @Tim Wilkinson:

Welcome, Alex. I am from Northborough and also a rehabber. I am moving to the North Shore area in October. My wifes job moved to Danvers and it's a 2 hour commute each way currently. 

So, I will soon be in the area. We are looking at a home in Groveland now. 

It sounds like you have no problem being creative in real estate, Alex. To me, that is a huge asset. Many will tell you to specialize, but many more will tell you to learn as much about everything as possible, because there will always be more opportunities available. Also, a master team of trusted associates (especially lawyers, CPAs, realtors, investors, etc) is key. You know, for the things you don't know...

Maybe we can soon sit down and talk shop. Cheers!

Thanks Tim, I hope everything works out as planned for you and your wife. Congratulations on the new job. I'm sure the move is a headache but hopefully we'll worth it. I'm defiantly looking forward to meeting up and hopefully even making some deals together. Keep in touch.

Post: First time flipper from Massachusetts

Alex CuevasPosted
  • Real Estate Agent
  • Massachusetts
  • Posts 13
  • Votes 4
Originally posted by @Josh Parra:
Welcome Alex Cuevas ! Which areas of Massachusetts are you focusing on?

Hey Josh, at the moment I'm focusing on the North Shore area primarily in Lynn, Salem, Beverly, and Peabody.