All Forum Posts by: Anton Filiptsov

Can someone please explain me, is there is any workaround?  There are no interior pictures on the listing - none and no viewings.
Price of property is pretty interesting though. ( I am not a fan of gambling )

How i can see inside of property ? Or why Bank does not allows viewings?
I saw plenty Bank Owned auctions listings which were open for viewing.

Anyone have experience in medical office investment? 

I found a 1 Unit  - reception and 2 private rooms in medical building located near hospital
300sf for around 100k
Fees around 300$/m
I have no commercial investment experience, i was primarily looking for Multi Family, but have not found a good deal yet, that why looking into this as alternative.

How do you calculate ROI for medical buildings? And how do you find tenants for medical buildings?

Any suggestions where to start or any articles to read? 

I know that for multi family you can get estimate on how much you will generate based on rent in area, but for commercial medical i have no idea how to see what is the market.

I am looking for buisness partner in Providence area.
My primarily focus is  Multi family or Single Family rented out by bedrooms.
My goal is to have finalized deal by the end of this year ( in best case scenario)
With potentially purchasing a few properties.

We can connect if you have some understanding of real estate investments and ready to buy your first property.
The best case scenario if you already have properties and willing to expand your portfolio.

About me:
I work in Tech, was analyzing market for quite some time. Ready to make a move and looking for colleague / business partner. 
( Have experience in Real Estate and Insurance spheres from tech side)

@Conner Olsen Austin is an exclusion, because its either your skills or your luck that top tech companies decided to select Austin as their future office locations.
Such opportunities are not happening on daily bases.

After tech started to open offices in Austin, properties went rocketing up.

So yes, its great that you got that opportunity, but i would say its more unusual event. 

Appreciate your answers, a lot of good suggestions! Thank you so much.
I see that properties are going down in price, i probably will wait for a month, if i see any good deal - will get it, otherwise will look if prices will go even lower. 

@Zach Taylor
Renting out rooms sounds cool, but my girlfriend probably will not like this idea. Unless i can do some construction changes to separate  one part of house. 

But definitely a good idea, i like it. 
Thank you

I want to purchase Multi Family property.

Initially i started to look for House hack.
Giving the prices in MA overall, there is no way how house hack can be profitable, i tried to calculate 1% rule, and none of the properties were able to make it.
Cheapest multi family and single family, in average areas is 500-590k$

I am pre approved for 600k loan.
My ideal loan is around 300-500k.
I can put approximately 20-40k down.

And now i am at the point where i can have 2 option:
1 - House hack -  Look for Providence RI properties. (I haven't found any good options in NH for house hack).
I can use FHA loan and instead of 20% down, i can put 3-5% down, and it will increase my byuing power to 300-500k.

2 - Buy out of state property, for example in OH or MI, which will cost 100-140k and loose House hack ability.
And continue paying my rent in Waltham.
Because i can not use FHA out of state, i need to put 20% down, so my goal it so be within 160k range. 


Do you have any suggestions or tips what i should do in this scenario?
Out of state looks way better on numbers, but i wont move there, and i will still need to pay my rent, that makes everything worse.

As well as prices for housing around me ( I Live in Waltham MA) are nonsense. House 25min away from Boston cant cost 800k.

And based on my search its either Providence or Worcester / Springfield. But i think Providence is way better.

Hey,
Initially i was looking for investing in multi family in Providence OR Boston area and do a "House Hack".
But after calculating the numbers, cash return is pretty minimal. Its not even close to 1%.

I started to look at Midwest, and there are quit a few properties for 100-150k range, which will bring way greater cash return.
Any suggestions which city i need to look at? I know some of the towns/areas have very high crime rate.
I am new to multi family investing, and looking to purchase 2-4 family property.

So far i started to look on Cleveland and St.Louis.
I also saw Detroit, but looks like a huge amount of properties are completely abandoned. And it's too risky to buy property there.

I am planning to work with real estate agent, but i am trying to see what State/city i should go with.

( I am ready to purchase property within 1-2 month period)
Any suggestions where and how to start?